Business Context and Reporting Period
This Form 8-K filing by Beyond Meat, Inc. (BYND) reports on the results of the 2020 Annual Meeting of Stockholders held on May 21, 2020. The company is an emerging growth company incorporated in Delaware.
Key Financial Metrics
This filing does not contain financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document is limited to corporate governance voting results.
Material Changes and Voting Results
The filing details the outcomes of two primary matters voted on by stockholders:
- Director Elections: Stockholders elected three Class I directors to serve until the 2023 annual meeting.
- Seth Goldman: 16,196,230 votes FOR; 3,219,499 votes WITHHELD.
- Christopher Isaac "Biz" Stone: 15,846,832 votes FOR; 3,568,897 votes WITHHELD.
- Kathy N. Waller: 15,934,289 votes FOR; 3,472,440 votes WITHHELD.
- Auditor Ratification: Stockholders ratified the appointment of Deloitte & Touche LLP as the independent registered public accounting firm for the year ending December 31, 2020.
- FOR: 38,887,430
- AGAINST: 248,282
- ABSTAIN: 213,250
Guidance, Outlook, and Risks
The filing text does not provide management commentary, financial guidance, outlook, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the total number of shares entitled to vote at the Annual Meeting to contextualize the "Broker Non-Votes" and "Withheld" counts.
- Confirm the tenure of the newly elected directors (Class I) extends through the 2023 annual meeting.
- Note that the ratification of Deloitte & Touche LLP received overwhelming support with no broker non-votes.