Codexis, Inc. Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by Codexis, Inc. on June 10, 2015. The report details the results of the Company's Annual Meeting of Stockholders held on the same date in Redwood City, California.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results.
Material Changes
No material financial changes were reported in this filing. The document reports the successful election of directors and the ratification of the independent auditor.
Management Commentary and Voting Results
The stockholders voted on two proposals:
- Proposal 1: Election of Directors Three Class II Directors were elected to three-year terms expiring in 2018.
- Kathleen S. Glaub: 20,134,539 votes For; 27,981 Withheld; 11,485,806 Broker Non-Votes.
- Bernard J. Kelley: 20,108,911 votes For; 53,609 Withheld; 11,485,806 Broker Non-Votes.
- John J. Nicols: 20,133,955 votes For; 28,565 Withheld; 11,485,806 Broker Non-Votes.
- Proposal 2: Ratification of Auditor The selection of BDO USA, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2015, was ratified.
- Votes For: 31,399,450
- Votes Against: 168,558
- Abstain: 80,318
Investor Verification Checklist
- Verify the terms of office for the newly elected directors (expiring at the 2018 Annual Meeting).
- Confirm the engagement of BDO USA, LLP for the fiscal year ending December 31, 2015.
- Note the significant number of Broker Non-Votes (11,485,806) on the director election proposals, indicating shares held in street name where brokers did not have discretionary voting authority.