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LA JOLLA PHARMACEUTICAL CO FILES (8-K) Disclosing Change in Directors or Principal Officers, Submission of Matters to a Vote of Security Holders(Edgar Glimpses Via Acquire Media NewsEdge) Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 27, 2014, La Jolla Pharmaceutical Company (the "Company") held its 2014 Annual Meeting of Shareholders (the "Annual Meeting"). At the Annual Meeting, the shareholders approved and adopted an amendment to the Company's 2013 Equity Incentive Plan (the "Plan") to increase the number of shares of common stock authorized for issuance thereunder. The amendment to the Plan was previously approved by the Company's Board of Directors. A copy of the Plan was included as Appendix A to the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on July 29, 2014 (the "Proxy Statement") in connection with the solicitation of proxies for the Annual Meeting. The terms of the Plan are hereby incorporated by reference herein. Item 5.07. Submission of Matters to a Vote of Security Holders. At the Annual Meeting, the Company's shareholders voted on the following proposals: (i) election of six directors to serve until the Company's 2015 Annual Meeting of Shareholders; (ii) ratification of Squar, Milner, Peterson, Miranda & Williamson, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2014; (iii) approval of an amendment to the Company's Articles of Incorporation to reduce the authorized common stock available for issuance; (iv) approval of an amendment to the Company's Articles of Incorporation to increase the size of the Board of Directors of the Company to a range of four to seven directors; and (v) approval of an amendment to the Company's 2013 Equity Incentive Plan to increase the number of shares authorized for issuance thereunder. The number of shares of common stock entitled to vote at the Annual Meeting was 9,838,298. The number of shares of common stock present or represented by valid proxy at the Annual Meeting was 8,791,703. All matters submitted to a vote of the shareholders at the Annual Meeting were approved and all director nominees were elected. The number of votes cast for and against, and the number of abstentions and broker non-votes with respect to each matter voted upon are set forth below: (i) Election of Six Directors. Director Nominee George Tidmarsh, M.D., Ph.D. Votes For 5,653,962 Votes Withheld 14,903 Saiid Zarrabian Votes For 5,651,216 Votes Withheld 17,649 Laura Douglas Votes For 5,653,266 Votes Withheld 15,599 -------------------------------------------------------------------------------- Craig Johnson Votes For 5,653,966 Votes Withheld 14,899 Robert Rosen Votes For 5,653,916 Votes Withheld 14,949 Kevin Tang Votes For 5,653,516 Votes Withheld 15,349 There were 3,122,838 broker non-votes regarding the election of directors. (ii) Ratification of Squar, Milner, Peterson, Miranda & Williamson, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2014. Shareholders ratified the appointment of Squar, Milner, Peterson, Miranda & Williamson, LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2014. The results of the voting on this proposal were: 8,758,838 votes for, 15,767 votes against and 17,098 votes abstained. There were 3,122,838 broker non-votes regarding this proposal. (iii) Approval of an amendment to the Company's Articles of Incorporation to reduce the authorized common stock authorized for issuance. Shareholders approved the amendment to the Company's Articles of Incorporation to reduce the authorized common stock authorized for issuance. The results of the voting on this proposal were: 5,612,635 votes for, 19,231 votes against and 36,999 votes abstained. There were 3,122,838 broker non-votes regarding this proposal. (iv) Approval of an amendment to the Company's Articles of Incorporation to increase the size of the Board of Directors of the Company to a range of four to seven directors. Shareholders approved the amendment to the Company's Articles of Incorporation to increase the size of the Board of Directors of the Company to a range of four to seven directors. The results of the voting on this proposal were: 5,644,303 votes for, 12,982 votes against and 11,580 votes abstained. There were 3,122,838 broker non-votes regarding this proposal. (v) Approval of an amendment to the La Jolla Pharmaceutical Company 2013 Equity Incentive Plan to increase the number of shares authorized for issuance thereunder. Shareholders approved an amendment to the Company's 2013 Equity Incentive Plan to increase the number of shares that are available for issuance. The results of the voting on this proposal were: 7,811,143 votes for, 721,410 votes against and 259,150 votes abstained. There were 3,122,838 broker non-votes regarding this proposal. -------------------------------------------------------------------------------- |