UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 21, 2024
OMNICELL, INC.
(Exact name of registrant as specified in its charter)
| Delaware | | 000-33043 | | 94-3166458 |
(State or other jurisdiction of
incorporation) | | (Commission File Number) | | (IRS Employer Identification Number) |
4220 North Freeway
Fort Worth, TX 76137
(Address of principal executive offices, including zip code)
(877) 415-9990
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | | Trading Symbol | | Name of each exchange on which registered |
| Common Stock, $0.001 par value | | OMCL | | NASDAQ Global Select Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ¨
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Amendment to the Omnicell, Inc. 2009 Equity Incentive Plan
As described below under Item 5.07 of this Current Report on Form 8-K, at the 2024 Annual Meeting of Stockholders of Omnicell, Inc. (the “Company”) held on May 21, 2024 (the “Annual Meeting”), the Company’s stockholders approved an amendment to the Company’s 2009 Equity Incentive Plan, as amended (as amended, the “Amended 2009 Plan”), which, among other items, added an additional 2,462,000 shares to the number of shares of common stock authorized for issuance under the Amended 2009 Plan.
The Amended 2009 Plan is described in detail in Proposal No. 3 in the Company's Definitive Proxy Statement on Schedule 14A filed with the United States Securities and Exchange Commission on April 4, 2024 (the “Proxy Statement”), and the full text of the Amended 2009 Plan was attached to the Proxy Statement as Appendix A. The description of the Amended 2009 Plan set forth above is a summary only and is qualified in its entirety by reference to the full text of the Amended 2009 Plan, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.
Item 5.07. Submission of Matters to a Vote of Security Holders
On May 21, 2024, the Company held its Annual Meeting. Four items of business, which were described in detail in the Proxy Statement, were acted upon by the stockholders at the Annual Meeting. The final voting results regarding each proposal are set forth below.
Proposal No. 1: Election of Three Class II Directors to Hold Office Until the 2027 Annual Meeting of Stockholders
Randall A. Lipps, Mark W. Parrish, and Kaushik “Bobby” Ghoshal were elected to serve as members of the Company’s Board of Directors (the “Board”) until the 2027 Annual Meeting of Stockholders and until their respective successors shall be elected and qualified or until their earlier resignation or removal.
Votes were cast as follows for the election of directors:
| | | For | | Withheld | | Broker Non-Votes |
| Randall A. Lipps | | 37,921,247 | | 1,789,535 | | 3,262,642 |
| Mark W. Parrish | | 37,851,331 | | 1,859,451 | | 3,262,642 |
| Kaushik “Bobby” Ghoshal | | 39,322,781 | | 388,001 | | 3,262,642 |
Proposal No. 2: Advisory Vote to Approve Named Executive Officer Compensation
The stockholders voted, on an advisory basis, to approve named executive officer compensation by the following vote:
| For | | Against | | Abstain | | Broker Non-Votes |
| 36,936,934 | | 2,652,637 | | 121,211 | | 3,262,642 |
Proposal No. 3: Approval of the Omnicell, Inc. 2009 Equity Incentive Plan, as Amended
The stockholders voted to approve the Amended 2009 Plan to, among other items, add an additional 2,462,000 shares to the number of shares of Common Stock authorized for issuance under the Amended 2009 Plan, by the following vote:
| For | | Against | | Abstain | | Broker Non-Votes |
| 37,299,075 | | 2,288,231 | | 123,476 | | 3,262,642 |
Proposal No. 4: Ratification of the Selection of Independent Registered Public Accounting Firm
The stockholders ratified the selection of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024 by the following vote:
| For | | Against | | Abstain | | Broker Non-Votes |
| 42,662,967 | | 257,698 | | 52,759 | | 0 |
Item 9.01. Financial Statements and Exhibits
(d) Exhibits.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
| | OMNICELL, INC. |
| | |
| Date: May 24, 2024 | /s/ Corey J. Manley |
| | Corey J. Manley, |
| | Executive Vice President and Chief Legal and Administrative Officer |
