Item 5.07. Submission of Matters to a Vote of Security Holders
Say-On-Frequency Determination
At the Annual Meeting of Stockholders of the Company held on May 25, 2021, the
Company's stockholders voted on, among other matters, an advisory vote regarding
the frequency of future stockholder advisory votes on the compensation of the
Company's named executive officers. The frequency of one year received the
highest number of votes cast by stockholders at the Annual Meeting. Based on
these advisory vote results, and consistent with the recommendation of the
Compensation, Nominating and Corporate Governance Committee of the Board of
Directors (the "Board"), the Board has determined that the Company will hold a
shareholder advisory vote on executive compensation every year until the next
required vote on the frequency of future executive compensation votes, which is
required to occur no later than the Company's Annual Meeting of Stockholders in
2027.
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