UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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Item 5.02 - Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) At the 2021 annual meeting of shareholders of ImmunoGen, Inc. (the “Company”) held on June 16, 2021 (the “2021 Annual Meeting”), shareholders approved an amendment to our 2018 Employee, Director and Consultant Equity Incentive Plan (the “Equity Incentive Plan”) to increase the number of shares authorized for issuance thereunder by 6,600,000. The Board of Directors of the Company approved the amendment to Equity Incentive Plan on March 31, 2021, subject to shareholder approval.
A summary description of the terms of the Equity Incentive Plan is set forth in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on April 28, 2021 (the “Proxy Statement”) under the section of the Proxy Statement entitled “Amendment to our 2018 Employee, Director and Consultant Equity Incentive Plan to Increase the Number of Shares Authorized for Issuance Thereunder by 6,600,000 (Proposal 3)” which is qualified by the full text of the Equity Incentive Plan, a copy of which is attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 5.07 – Submission of Matters to a Vote of Security Holders.
At the 2021 Annual Meeting, shareholders fixed the number of Directors constituting the full Board of Directors of the Company at seven as follows:
| For: | 167,306,094 | ||
| Against: | 329,939 | ||
| Abstain: | 193,955 | ||
| Broker Non-Votes: | 0 |
At the 2021 Annual Meeting, shareholders elected seven Directors as follows:
| FOR | WITHHELD | BROKER NON-VOTES | ||||||||||
| Stephen C. McCluski | 145,375,918 | 1,741,964 | 20,712,106 | |||||||||
| Richard J. Wallace | 126,562,219 | 20,555,663 | 20,712,106 | |||||||||
| Mark Goldberg, MD | 128,321,398 | 18,796,484 | 20,712,106 | |||||||||
| Dean J. Mitchell | 94,723,436 | 52,394,446 | 20,712,106 | |||||||||
| Kristine Peterson | 143,411,905 | 3,705,977 | 20,712,106 | |||||||||
| Mark J. Enyedy | 127,119,610 | 19,998,272 | 20,712,106 | |||||||||
| Stuart A. Arbuckle | 131,470,317 | 15,647,565 | 20,712,106 | |||||||||
At the 2021 Annual Meeting, shareholders voted to approve the amendment to the Equity Incentive Plan to increase the number of shares authorized for issuance thereunder by 6,600,000 as follows:
| For: | 130,595,055 | ||
| Against: | 16,304,089 | ||
| Abstain: | 218,738 | ||
| Broker Non-Votes: | 20,712,106 |
At the 2021 Annual Meeting, shareholders voted, on an advisory basis, to approve the compensation paid to our named executive officers, as described in the Proxy Statement (referred to as the “say-on-pay vote”) as follows:
| For: | 135,809,608 | ||
| Against: | 2,075,011 | ||
| Abstain: | 9,233,263 | ||
| Broker Non-Votes: | 20,712,106 |
At the 2021 Annual Meeting, shareholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2021 as follows:
| For: | 166,546,147 | ||
| Against: | 1,125,212 | ||
| Abstain: | 158,629 | ||
| Broker Non-Votes: | 0 |
Item 8.01 – Other Events.
On June 16, 2021, the Board of Directors approved amendments to the Company’s Compensation Policy for Non-Employee Directors (as so amended, the “Director Compensation Policy”) effective as of June 16, 2021 to reduce the amount of equity compensation payable thereunder. A copy of the Director Compensation Policy is being filed with this Current Report on Form 8-K as Exhibit 10.2 and is incorporated into this Item 8.01 by reference.
Item 9.01 – Financial Statements and Exhibits.
(d) Exhibits.
| Exhibit No. | Description |
| 10.1 | Amended and Restated 2018 Employee, Director and Consultant Equity Incentive Plan. |
| 10.2 | Compensation Policy for Non-Employee Directors, as amended through June 16, 2021. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL (eXtensible Business Reporting Language) document). |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| ImmunoGen, Inc. | |||
| (Registrant) | |||
| Date: June 17, 2021 | By: | /s/ Renee Lentini | |
|
Renee Lentini Vice President, Chief Accounting Officer | |||