Business Context and Reporting Period
This Form 8-K reports on the results of the 2023 Annual Meeting of Stockholders held by Senseonics Holdings, Inc. on May 17, 2023. The company is incorporated in Delaware and its common stock trades on the NYSE American under the symbol SENS.
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 and Voting Results
Of the 479,780,414 shares outstanding, 268,482,445 shares (55.96%) were present or represented by proxy. Broker non-votes totaled 160,994,980 shares.
Proposal 1: Election of Directors
All five nominees were elected to serve until the 2026 annual meeting. The voting breakdown was as follows:
| Name | Votes For | Votes Withheld |
|---|---|---|
| Timothy T. Goodnow | 89,286,112 | 18,201,353 |
| Francine R. Kaufman | 87,272,318 | 20,215,147 |
| Sharon Larkin | 86,279,199 | 21,208,266 |
| Koichiro Sato | 91,965,767 | 15,521,698 |
| Robert Schumm | 85,013,338 | 22,474,127 |
Proposal 2: Executive Compensation (Say-on-Pay)
Stockholders approved the advisory compensation of Named Executive Officers.
- Votes For: 84,135,004
- Votes Against: 21,916,745
- Abstained: 1,435,716
Proposal 3: Ratification of Auditors
Stockholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2023.
- Votes For: 249,565,616
- Votes Against: 16,854,041
- Abstained: 2,062,788
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the total number of shares outstanding (479,780,414) and the percentage of shares represented at the meeting (55.96%).
- Note the significant number of broker non-votes (160,994,980) which impacted the voting thresholds for director elections and executive compensation.
- Confirm the re-election of the entire board of directors for a three-year term ending in 2026.
- Review the definitive proxy statement filed on April 6, 2023, for detailed descriptions of the proposals and executive compensation specifics.