0001764046 false 00-0000000 true 0001764046 2023-05-04 2023-05-04 0001764046 us-gaap:CommonStockMember 2023-05-04 2023-05-04 0001764046 us-gaap:SeriesAPreferredStockMember 2023-05-04 2023-05-04 0001764046 us-gaap:SeriesBPreferredStockMember 2023-05-04 2023-05-04 iso4217:USD xbrli:shares iso4217:USD xbrli:shares
 

 

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 10, 2023 (May 4, 2023)

 

CLARIVATE PLC 

(Exact name of registrant as specified in its charter)

 

Jersey, Channel Islands

(State or other jurisdiction of incorporation or organization)

 

001-38911

(Commission File Number)

N/A

(I.R.S. Employer Identification No.)

 

70 St. Mary Axe

London EC3A 8BE
United Kingdom

(Address of Principal Executive Offices)

 

(44) 207-433-4000

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 (see General Instruction A.2. below):

 

¨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(s) Name of each exchange on which registered
Ordinary shares CLVT New York Stock Exchange
5.25% Series A Mandatory Convertible Preferred Shares, no par value CLVT PR A New York Stock Exchange
Series B Preferred Stock Purchase Rights - New York Stock Exchange

 

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 5.07.Submission of Matters to a Vote of Security Holders

On May 4, 2023, Clarivate Plc (“Clarivate” or the “Company”) held its 2023 Annual General Meeting of Shareholders. At that meeting, the shareholders considered and acted upon three proposals pursuant to the Notice of Annual General Meeting of Shareholders and as described in more detail in the Company’s definitive proxy statement dated March 23, 2023 (the "Proxy Statement"). Of 675,544,848 shares outstanding and entitled to vote as of March 6, 2023 (the “Record Date”), the holders of record of 560,469,939 shares were present at the meeting either in person or by proxy. All proposals on the agenda were approved by the shareholders. Below are the final voting results.

(1)                   Shareholders elected the individuals named below to serve as directors of Clarivate, with their terms expiring at the Company’s 2024 Annual General Meeting. Election of each director required approval by a simple majority of the votes cast by, or on behalf of, the shareholders entitled to vote in person or represented by proxy.

Nominee  For   Against   Abstain   Broker Non-Votes 
Andrew Snyder   516,291,203    30,569,061    35,720    13,573,955 
Jonathan Gear   543,458,751    3,404,396    32,837    13,573,955 
Valeria Alberola   541,803,781    4,964,510    127,693    13,573,955 
Michael Angelakis   534,159,893    8,217,700    4,518,391    13,573,955 
Jane Okun Bomba   538,413,794    8,340,489    141,701    13,573,955 
Usama N. Cortas   512,308,316    34,459,202    128,466    13,573,955 
Adam T. Levyn   534,741,814    12,024,006    130,164    13,573,955 
Anthony Munk   535,316,182    11,451,681    128,121    13,573,955 
Richard W. Roedel   526,935,351    19,832,051    128,582    13,573,955 
Saurabh Saha   541,015,683    5,752,361    127,940    13,573,955 
Wendell Pritchett   538,329,829    8,022,937    543,218    13,573,955 

(2)                   Shareholders approved, on an advisory, non-binding basis, the compensation of the Company’s named executive officers. Approval required at least a simple majority of the votes cast by, or on behalf of, the shareholders entitled to vote in person or represented by proxy.

For                                                                   522,239,069 
Against                                                                      24,620,877 
Abstain                                                                    36,038 
Broker non-votes   13,573,955 

(3)                   Shareholders ratified the appointment of PricewaterhouseCoopers LLP to serve as Clarivate’s independent registered public accounting firm for 2023. Ratification required a simple majority of the votes cast by, or on behalf of, the shareholders entitled to vote in person or represented by proxy.

 

For                                                                   560,384,899 
Against                                                                      70,411 
Abstain                                                                    14,629 

 

Item 8.01.Other Events

Date of 2024 Annual General Meeting of Shareholders

Clarivate’s 2024 Annual General Meeting of Shareholders will be held on May 7, 2024. Further details will be provided in the proxy statement for the meeting.

Item 9.01.Financial Statements and Exhibits

(d) Exhibits.

 

No.   Description
     
104       The cover page from this Current Report on Form 8-K formatted in Inline XBRL

 

 

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

CLARIVATE PLC
Date: May 10, 2023 By: /s/ Jonathan Gear
Name:  Jonathan Gear
Chief Executive Officer