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RETROPHIN, INC. FILES (8-K) Disclosing Submission of Matters to a Vote of Security Holders

May 13, 2014



ITEM 5.07. SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS.

(b) On May 9, 2014, Retrophin, Inc. (the "Company") held its Annual Meeting of Stockholders.

At its annual meeting, stockholders voted to re-elect directors Martin Shkreli, Stephen Aselage, Steven Richardson, Cornelius E. Golding and Jeffrey Paley, M.D. to the Board of Directors (the "Board) of the Company. Mr. Shkreli, Mr. Aselage, Mr. Richardson, Mr. Golding and Dr. Paley will each serve as directors for a one-year term that expires at the Company's Annual Meeting of Stockholders to be held in 2015 or until their respective successors shall have been elected and shall qualify. Stockholders also voted to approve, on a non-binding, advisory basis, a resolution approving the compensation of the Company's named executive officers and voted, on a non-binding, advisory basis, to hold an advisory stockholder vote on the compensation of the Company's Named Executive Officers each year. Stockholders also voted to approve the Company's 2014 Incentive Compensation Plan. Additionally, stockholders ratified the selection of BDO USA, LLP to serve as the Company's independent registered public accounting firm for the Company's fiscal year ending December 31, 2014. The results of voting on the matters submitted to the stockholders are as follows:

Proposal 1. Election of Directors:

Name For Withheld Broker Non-Votes



Martin Shkreli 12,483,177 132,772 5,504,590 Stephen Aselage 12,602,260 5,689 5,504,590 Steven Richardson 12,475,177 132,772 5,504,590 Cornelius E. Golding 12,602,260 5,689 5,504,590 Jeffrey Paley, M.D. 12,602,260 5,689 5,504,590

Proposal 2. A non-binding, advisory resolution approving the compensation of the Company's Named Executive Officers:

For Against Abstain Broker Non-Votes 12,363,256 236,228 11,652 5,504,590



Proposal 3. A non-binding, advisory vote of the frequency (every one, two or three years) of the future non-binding, advisory votes of stockholders on the compensation of the Company's Named Executive Officers:

One Year Two Years Three Years Abstain Broker Non-Votes 8,369,987 2,056,878 2,163,749 2,470 5,504,590

Proposal 4. Approval of the Company's 2014 Incentive Compensation Plan:

For Against Abstain Broker Non-Votes 12,229,851 356,440 10,532 5,504,590



Proposal 5. Ratification of the appointment of BDO USA, LLP as the Company's independent registered public accounting firm for the 2014 fiscal year:

For Against Abstain 18,092,330 5,154 46



(d) In light of the vote in favor of holding the non-binding, advisory vote on the compensation of the Company's executive officers on an annual basis, the Board determined that it currently intends to include an advisory, non-binding vote to approve the compensation of the Company's Named Executive Officers every year until the next vote on the frequency of stockholder votes on the compensation of the Company's Named Executive Officers, which shall occur no later than the annual meeting of the Company's stockholders to be held in 2020.

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Source: Edgar Glimpses


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