Aclaris Therapeutics Incorporated. My name is John, and I will be your operator today. Please note that today's meeting is being recorded. I would now like to introduce Doctor. Neal Walker, President and Chief Executive Officer of Aclaris Therapeutics Incorporated.
Good morning. I'm Neil Walker and I'm the President and Chief Executive Officer and a member of the Board of Directors of Aclaris Therapeutics. I am very happy to welcome you to the Aclaris 2021 Annual Stockholders Meeting. We are holding the annual meeting virtually in light of public health concerns regarding the COVID-nineteen pandemic to protect the health and safety of our stockholders and employees and facilitate stockholder participation in the annual meeting. Before I call the meeting to order, I'd like to introduce you to the members of the Board and the business team who are with us today.
The other members of the Board with us today are Chris Molineux, Maxine Gowen, Ben Milano, Andrew Powell, Brian Reasons, Andrew Schiff and Bill Humphries. The other officers with us today are Camille Alley Jackson, our Chief Legal Officer and Secretary David Gordon, our Chief Medical Officer Frank Ruffo, our Chief Financial Officer and Joe Monahan, our Chief Scientific Officer. I would also like to introduce Chris Girmick and Bill Leyva of PricewaterhouseCoopers, our independent registered public accounting firm, who are available to respond to appropriate questions. Lastly, I would like to introduce Jane Ludlow, who will act as Inspector of Election at the meeting. The meeting will now officially come to order.
We will proceed with the formal business of the meeting as set forth in your notice of annual meeting and proxy statement. After the formal part of our meeting, we will give you an opportunity to ask any questions you may have. The agenda and rules of conduct for the meeting have been provided on the meeting website. As stated in the rules of conduct, only validated stockholders may ask text questions in the designated field on the meeting website. To allow us to answer questions from as many stockholders as possible, stockholders will only be permitted to ask 1 question and only questions germane to our business or the meeting will be answered as time permits.
Will the secretary please report at this time with respect to the stockholders list and the proof of mailing?
Thanks, Neil. I have at this meeting a complete list of the stockholders of record of our common stock on April 5, 2021, the record date for this meeting, which is available for inspection by stockholders by using the register stockholder list link found on the meeting website. I also have an affidavit certifying that on April 22, 2021, either 1, a notice of internet availability of proxy materials or 2, a written notice of annual meeting to stockholders, a proxy statement, a proxy card and our 2020 annual report was deposited in U. S. Mail to all stockholders of record at the close of business on April 5, 2021.
At this time, I'd like to appoint Jane Ludlow to act as the Inspector of Election at this meeting. Jane Ludlow has taken and subscribed the customary oath of office to execute her duties with strict impartiality. We will file this oath with the records of the meeting, their votes and when voting on all matters is completed to tally the final votes. Will the secretary please report at this time with respect to the
905, 340 shares of the 52, 000, 000 and 81, 720 9 shares of common stock outstanding from record data, which represents approximately 88.14 percent of the total number of outstanding shares. This constitutes a quorum for the meeting today and we may now carry out the official business of the meeting.
Thank you. We will now proceed with the formal business of this meeting. There are 4 proposals to be considered by the stockholders at this
meeting. The time is now 9:0:4 am on Thursday, June 3, and the polls are now open for voting on all matters to be presented. If you have not already voted your shares or wish to change your vote, you may vote by clicking on the voting button on the web portal prior to the closing of the polls. The polls will be closed to voting after we go through the matters to be voted on.
The first item of business is the election of 3 Class III directors to serve until the 2024 Annual Meeting of Stockholders and until their successors are elected and qualified. The nominees for Class III Director are Christopher Molyneux, Brian Reasons, and Vincent Milano. If any stockholder would like to make a comment regarding this proposal, please submit your comment through the web portal. The second item of business is the advisory vote on the compensation of the company's named executive officers as described in the proxy statement. The stockholders have been asked to vote on an advisory basis on the following resolution.
Result that the compensation paid to the company's named executive officers as disclosed pursuant to Item 402 of Regulation SK including the compensation tables and narrative discussion is hereby approved. If any stockholder would like to make a comment regarding this proposal, please submit your comment through the web portal. The 3rd item of business relates to the stockholders' preferred frequency of advisory votes on executive compensation. The stockholders are asked to vote on an advisory basis on their preferred frequency. The Board of Directors recommends a vote in favor of 1 year for this proposal.
If any stockholder would like to make a comment regarding this proposal, please submit your comment through the web portal. The 4th item of business today is the ratification of the selection by the audit committee of the Board of Directors of PricewaterhouseCoopers as our independent registered public accounting firm for the fiscal year ending December 31, 2021. If any stockholder would like to make a comment regarding this proposal, please submit your comment through the web portal. That was the final proposal for today's meeting. The secretary will now describe the voting procedures.
You may vote your shares at this time or online before the meeting and you do not want to change your vote. Any stockholder who has not yet voted or wishes to change their vote may do so by clicking on the voting button on the web portal and following the instructions there. Each share of common stock is entitled to 1 vote. The time is now 9:0:7 a. M.
And the polls are now closed for voting.
May we have the results of the voting?
The preliminary vote report of the Inspector election covering the proposals presented at this meeting is as follows: the proposal to elect Christopher Molyneux, Brian Reasons and Vince Milano as our Class III directors is carried number 2, the resolution concerning the advisory vote on the compensation of the company's named executive office serves is approved. Number 3, the preferred frequency of future advisory votes on named executive officer compensation is every year. Number 4, the selection of PricewaterhouseCoopers LLP as our independent registered public accounting firm for the fiscal year ending December 31, 2021 is ratified. We expect to report our voting results on the current report on Form 8 ks we filed with the SEC within 4 business days after the end of this meeting.
Thank you. This concludes the formal portion of today's meeting. Now, we would like to open things up for stockholder questions and comments. We will take stockholder questions that are being entered today on the web portal. Please note, we will attempt to answer as many questions as time allows, but only questions that are germane to the meeting will be addressed.
As there are no questions, is there any opposition to concluding this meeting? Operator, this meeting is concluded.