3D Systems Corp 8-K, filed May 20, 2025
3D Systems Corp (DDD)
About this 8-K
3D Systems Corp filed this 8-K on May 20, 2025, reporting on events of May 16, 2025.
Items reported
- Item 5.07: Shareholder vote results
- Item 8.01: Other events
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.07. Submission of Matters to a Vote of Security Holders.
On May 16, 2025, 3D Systems Corporation (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”). A total of 87,378,510 shares of common stock were present in person or represented by proxy at the Annual Meeting, consisting of approximately 64.46% of the 135,544,654 shares of common stock entitled to vote. The final votes on the proposals presented at the Annual Meeting are as follows:
Proposal One: Election of directors to serve until the next annual meeting and until their successors are elected and qualified:
| Votes For | Votes Against |
Abstentions | Broker Non-Votes |
|||||||||||||
| Nominees for Election to Board of Directors |
||||||||||||||||
| Malissia R. Clinton |
56,112,558 | 5,862,082 | 501,045 | 24,902,825 | ||||||||||||
| Claudia N. Drayton |
28,667,605 | 33,317,758 | 490,321 | 24,902,825 | ||||||||||||
| Thomas W. Erickson |
42,444,457 | 19,544,733 | 486,494 | 24,902,825 | ||||||||||||
| Dr. Jeffrey A. Graves |
58,926,731 | 3,063,377 | 485,577 | 24,902,825 | ||||||||||||
| Jim D. Kever |
56,273,159 | 5,718,113 | 484,413 | 24,902,825 | ||||||||||||
| Charles G. McClure, Jr. |
58,858,861 | 3,131,711 | 485,113 | 24,902,825 | ||||||||||||
| Kevin S. Moore |
33,589,100 | 28,402,230 | 484,354 | 24,902,825 | ||||||||||||
| Dr. Vasant Padmanabhan |
58,625,386 | 3,323,597 | 526,702 | 24,902,825 | ||||||||||||
| Dr. John J. Tracy |
57,914,992 | 4,036,085 | 524,608 | 24,902,825 | ||||||||||||
Proposal Two: Approval, on an advisory basis, of the compensation of the Company’s named executive officers:
| Votes For |
Votes Against |
Abstentions |
Broker Non-Votes | |||
| 55,494,097 | 6,573,186 | 408,401 | 24,902,825 |
Proposal Three: Ratification of the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2025:
| Votes For |
Votes Against |
Abstentions | ||
| 85,856,536 | 911,489 | 610,485 |
Item 8.01. Other Events.
Pursuant to the 3D Systems Corporation Non-Employee Director Compensation Policy, each non-employee director of the Company who is continuing as a director following the date of the annual meeting is to receive an annual equity award in the form of shares of restricted stock having a value of $150,000, with the number of shares of restricted stock to be issued being determined based on the closing sale price of the Company’s common stock on the date of grant. On May 16, 2025, in light of the depressed price for the Company’s common stock, the Company’s Board of Directors determined to pay the annual equity award for the year ending December 31, 2025 in the form of (i) shares of restricted stock having a value of $50,000 and (ii) cash in an amount not to exceed $100,000. In addition to the annual equity award, non-employee directors will continue to receive the annual cash compensation for service on the Company’s Board of Directors and its committees for the year ending December 31, 2025 as described in the 3D Systems Corporation Non-Employee Director Compensation Policy, which is included as Exhibit 10.2 to the Company’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2024, which was filed with the Securities and Exchange Commission on November 26, 2024.
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 hereunto duly authorized.
| 3D SYSTEMS CORPORATION | ||||||
| Date: May 20, 2025 | By: | /s/ Jeffrey A. Graves | ||||
| Jeffrey A. Graves | ||||||
| President and Chief Executive Officer | ||||||