Good morning, and welcome to the 2021 Annual Meeting of Stockholders of Glaukos Corporation. Please note that this event is being webcast. I would now like to turn the conference over to Mr. Mark Foley, Chairman of the Compensation, Nominating and Governance Committee of the Board of Directors of Glaukos Corporation. Mr.
Foley, please begin when you're ready.
Good morning, everyone. I'm Mark Foley, Chairman of the Compensation, Nominating and Governance Committee
of
the Board of Directors of Glaukos Corporation. Thank you for joining our 2021 Annual Meeting of Stockholders. Unfortunately, Doctor. William Link, the Chairman of our Board of Directors, was unable to attend this morning due to a family emergency. Therefore, I will act as chair for the meeting.
I now call the meeting to order. We're hosting this annual meeting virtually. A virtual meeting is an annual meeting that takes place exclusively via webcast. We believe that this online platform allows for increased stockholder access and participation. I would now like to turn the meeting over to Diana Scherer, Vice President, Deputy General Counsel and Secretary of Glaukos Corporation for some brief procedural announcements.
Thanks, Mark, and good morning, everyone. The agenda and the rules of conduct for today's meeting are available for viewing during this webcast. Stockholders who would like to ask a question during the meeting may do so by typing the question where indicated on the webcast portal for this meeting. We will be happy to respond to appropriate questions about the proposals being voted on today after all of the proposals have been presented. We will also conduct a brief question and answer session at the end of the meeting if stockholders have any business related questions.
Please note that only stockholders are permitted to ask questions. Out of consideration for others, please limit yourself to one question. Finally, please note that this meeting is being officially recorded. For that reason, no one attending the meeting either online or by telephone is permitted to use any audio recording device.
Thank you, Diana. At this time, I'd like to introduce the members of the company's Board of Directors who are present or otherwise participating on the call today. In addition to myself, they are Tom Burns, who is also our President and Chief Executive Officer Amy Wiesner David Hofmeister Doctor. Gilbert Kleinman, Mark Staffley, Denise Torres and Doctor. Lena Wen.
I would also like to introduce the company's officers who are present on the call today. I've already introduced you to Tom Burns and Diana Scherer. Also present on the call today are Joe Gilliam, our Chief Financial Officer and Senior Vice President of Corporate Development Chris Calcaterra, our Chief Operating Officer Diane Biagiante, our Senior Vice President and General Counsel and Chris Lewis, our Senior Director, Investor Relations and Corporate Strategy and Development. Also in attendance at today's meeting is Mary Garrett, a partner at the accounting firm of Ernst and Young LLP, our independent registered public accounting firm. She will be available during the question and answer session to respond to appropriate questions.
I would also like to introduce Lewis Larsen, a representative of Broadridge Financial Solutions, who has been appointed as Inspector of Elections and will tabulate the voting results for today's meeting. Ms. Scherer is serving as Secretary for the Annual Meeting. Ms. Scherer, would you please report on mailing of the notice for the Annual Meeting, the number of shares represented at the meeting and whether a quorum is present?
I hereby present an affidavit of Broadridge Financial Solutions attesting that notice of today's annual meeting was made available to all stockholders of record of Glaukos Corporation commencing on April 22, 2021. The affidavit will be included with the minutes of this meeting. On the record date of April 8, 2021, there were 46,000,000,168,491 shares of common stock outstanding and entitled to vote at this meeting. I'm advised by the Inspector of Elections that stockholders holding at least 50% of the outstanding shares of common stock entitled to vote are present at this meeting in person or represented by proxy. A quorum is therefore present and business is authorized to be transacted at this meeting.
Thank you, Diana. I will now proceed with the formal business of the meeting. There are 3 items of business to be considered and voted on by stockholders. The first item of business is the election of 3 Class III directors to serve a term that expires at the company's 2024 Annual Meeting of Stockholders and until their respective successors are duly elected and qualified. The Board of Directors nominees are Thomas Burns, Mark Stapley and Doctor.
Lena Wen. Because no other nominations were received in accordance with the advanced notice provisions of Glaukos' bylaws. All nominations are now closed. The Board of Directors recommends a vote for all of the Director nominees. The second item of business is the proposal to approve on an advisory basis the compensation of the company's named executive officers as described in the proxy statement.
As further described in the proxy statement, we are asking stockholders to vote on the following resolution: Resolve that the company's stockholders approve on an advisory basis the compensation paid to the company's named executive officers as set forth under executive compensation, including the compensation discussion and analysis, summary compensation table and the related compensation tables and narrative disclosure in the proxy statement for the 2021 Annual Meeting of Stockholders. The Board of Directors recommends a 4, the approval on an advisory basis of the compensation of the company's named executive officers. The 3rd and final item of business is the proposal to ratify the appointment of Ernst and Young LLP to serve as Glaukos' independent registered public accounting firm for the year ending December 31, 2021. The Board of Directors recommends a vote for the ratification of the appointment of Ernst and Young LLP. That concludes the introduction of all matters requiring a stockholder vote today.
Are there any questions on any of the proposals? The polls are now open and we will now vote on the proposals. The voting today is by proxy and electronic ballot. If you've already submitted a proxy by telephone, Internet or mail and do not wish to change your vote, you don't need to do anything else at this time. Any stockholder who hasn't voted or wishes to change their vote may do so by clicking on the Vote Here button on the webcast portal and following the instructions.
If you have not yet submitted a proxy or electronic ballot, you must submit your electronic ballot now in order for your vote to be counted by the Inspector of Elections. We will leave the polls open for a few moments to allow anyone who chooses to vote electronically to cast their ballots. Now that everyone has had the opportunity to vote, I declare the polls closed. Mr. Larson, the Inspector of Elections, will now report on the preliminary voting results.
Mr. Larson?
Yes. With respect to proposal 1, Mr. Burns, Mr. Stapley and Doctor. Wen each received a plurality of the votes cast on the proposal at today's annual meeting, representing in excess of 50% of the shares of common stock present or represented by proxy and entitled to vote on the proposal.
With respect to proposal 2, stockholders holding in excess of 50% of the shares of common stock present or represented by proxy and entitled to vote on the proposal at today's annual meeting voted for the approval on an advisory basis of the compensation of the company's named executive officers. With respect to Proposal 3, stockholders holding in excess of 50% of the shares of common stock present or represented by proxy and entitled to vote on the proposal at today's annual meeting voted for ratification of the appointment of Ernst and Young LLP as the company's independent registered public accounting firm for fiscal year 2021.
Thank you, Mr. Larson. Based on the results tabulated by the Inspector of Elections, the vote shows that the stockholders have elected each of Mr. Burns, Mr. Stapley and Doctor.
Wen as Class 3 Directors for a term expiring at the 2024 Annual Meeting of Stockholders and until his or her respective successor has been duly elected and qualified. Approved on an advisory basis, the compensation of Glaukos' named executive officers and ratified the appointment of Ernst and Young, LLP as Glaukos' independent registered public accounting firm for fiscal 2021. The final results of the vote today will be reported in a Form 8 ks to be filed with the Securities and Exchange Commission within the next 4 business days. Ladies and gentlemen, that concludes our planned agenda. There is no other formal business before the meeting today, and I now declare the meeting adjourned.
Hi, I'm Joe Gilliam, Glaukos' Chief Financial Officer. Thank you for participating today in our Annual Meeting. We would now welcome questions from our stockholders about other matters relating to our business. With us for the Q and A are Tom Burns, our President and Chief Executive Officer and Chris Calcaterra, our Chief Operating Officer. This question and answer session will last no longer than 15 minutes.
Before we begin, I would like to note that our responses to your questions today may include forward looking statements. Our actual results may differ materially from those projected in these statements. Please review the Risk Factors section included in our most recent quarterly report on Form 10 Q filed with the Securities and Exchange Commission for a discussion of factors that may cause actual results to differ from those projected in the forward looking statements. Okay.