SIGA TECHNOLOGIES INC - Form 8-K Summary
Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Stockholders held by SIGA Technologies, Inc. on May 15, 2013, in New York, New York. The filing details the voting results for the election of directors and the ratification of the independent registered public accounting firm.
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 outcomes.
Material Changes and Voting Results
Stockholders representing 45,539,087 shares, or 87.37% of the outstanding common stock as of the April 1, 2013 record date, were present or represented by proxy. There were 18,602,942 Broker Non-Votes regarding the director elections.
- Election of Directors: All 13 nominees were elected to one-year terms. Voting results included:
| Director Name | Votes For | Votes Withheld |
|---|---|---|
| Eric A. Rose, M.D. | 25,334,177 | 1,601,968 |
| James J. Antal | 26,481,632 | 454,513 |
| Michael J. Bayer | 26,427,132 | 509,013 |
| William C. Bevins | 23,059,170 | 3,876,975 |
| Thomas E. Constance | 26,441,487 | 494,658 |
| Jeffrey B. Kindler | 26,512,497 | 423,648 |
| Joseph W. Marshall, III | 23,314,251 | 3,621,894 |
| Paul G. Savas | 22,787,940 | 4,148,205 |
| Bruce Slovin | 23,300,691 | 3,635,454 |
| Andrew Stern | 26,490,982 | 445,163 |
| Frances F. Townsend | 26,265,172 | 670,973 |
| Michael A. Weiner, M.D. | 26,304,174 | 631,971 |
- Ratification of Auditors: Stockholders ratified the appointment of PricewaterhouseCoopers LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2013.
| Vote Type | Number of Shares |
|---|---|
| For | 44,817,137 |
| Against | 504,054 |
| Abstain | 217,896 |
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
- Attendance at the 2013 Annual Meeting was 87.37% of outstanding shares.
- All 13 director nominees received majority support, though some faced significant withheld votes (e.g., William C. Bevins had 3,876,975 votes withheld).
- PricewaterhouseCoopers LLP was ratified as the auditor with over 98% of votes cast in favor.
- Broker Non-Votes totaled 18,602,942 shares for the director election.