Seagen Inc.
Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 11/18/2022   Download
SEC Document
SEC Filing

On November 17, 2022, the board of directors of Seagen Inc., a Delaware corporation (the “Company”), adopted, effective immediately, amended and restated bylaws of the Company (as amended, the “Amended and Restated Bylaws”). Among other changes, the Amended and Restated Bylaws:

 

   

address matters relating to Rule 14a-19 under the Exchange Act of 1934, as amended (the “Universal Proxy Rules”), including providing the Company a remedy if a stockholder fails to satisfy certain requirements under the Universal Proxy Rules and requiring stockholders who intend to use the Universal Proxy Rules to provide reasonable evidence of the satisfaction of certain requirements under the Universal Proxy Rules at least five business days before the applicable meeting; and

 

   

modify the provisions relating to lists of stockholders entitled to vote at stockholder meetings to align with recent amendments to the Delaware General Corporation Law.

The Amended and Restated Bylaws also include certain other clarifying, administrative, conforming, ministerial and related revisions related to questionnaires for director nominees, holding board meetings via remote communication and certain changes in furtherance of gender neutrality.