Certara, Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: CERT · Form: DEF 14A · Filed: Apr 10, 2024 · CIK: 1827090
| Field | Detail |
|---|---|
| Company | Certara, INC. (CERT) |
| Form Type | DEF 14A |
| Filed Date | Apr 10, 2024 |
| Risk Level | low |
| Pages | 15 |
| Reading Time | 19 min |
| Sentiment | neutral |
Sentiment: neutral
Topics: Certara, Annual Meeting, Proxy Statement, Virtual Meeting, Stockholder Vote
TL;DR
<b>Certara, Inc. invites stockholders to its virtual 2024 Annual Meeting on May 21, 2024, with multiple voting options available.</b>
AI Summary
Certara, Inc. (CERT) filed a Proxy Statement (DEF 14A) with the SEC on April 10, 2024. Certara, Inc. will hold its 2024 Annual Meeting of Stockholders on May 21, 2024, at 9:00 a.m. Eastern Time. The meeting will be conducted virtually via live webcast at www.virtualshareholdermeeting.com/CERT2024. Stockholders can attend, vote electronically, and submit questions during the meeting. Participation requires a 16-digit number from the Notice of Internet Availability or proxy card. Multiple voting options are available: telephone, internet, mail, and live webcast.
Why It Matters
For investors and stakeholders tracking Certara, Inc., this filing contains several important signals. This filing is a definitive proxy statement (DEF 14A) for Certara, Inc.'s annual meeting, indicating it's a formal communication to shareholders regarding meeting business and voting. The virtual format and detailed instructions for participation and voting are crucial for ensuring shareholder engagement and a quorum for the meeting.
Risk Assessment
Risk Level: low — Certara, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
Analyst Insight
Review the proxy statement to understand the agenda items for the annual meeting and ensure your vote is cast by the deadline.
Key Numbers
- 2024 — Annual Meeting Year (The year of the upcoming annual meeting.)
- May 21 — Meeting Date (The specific date for the annual meeting.)
- 9:00 a.m. Eastern Time — Meeting Time (The scheduled start time for the annual meeting.)
Key Players & Entities
- Certara, Inc. (company) — Filer and registrant for the proxy statement.
- William F. Feehery (person) — Chief Executive Officer of Certara, Inc.
- May 21, 2024 (date) — Date of the 2024 Annual Meeting of Stockholders.
- 9:00 a.m. Eastern Time (time) — Time of the 2024 Annual Meeting of Stockholders.
- www.virtualshareholdermeeting.com/CERT2024 (url) — Webcast link for the virtual annual meeting.
FAQ
When did Certara, Inc. file this DEF 14A?
Certara, Inc. filed this Proxy Statement (DEF 14A) with the SEC on April 10, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by Certara, Inc. (CERT).
Where can I read the original DEF 14A filing from Certara, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by Certara, Inc..
What are the key takeaways from Certara, Inc.'s DEF 14A?
Certara, Inc. filed this DEF 14A on April 10, 2024. Key takeaways: Certara, Inc. will hold its 2024 Annual Meeting of Stockholders on May 21, 2024, at 9:00 a.m. Eastern Time.. The meeting will be conducted virtually via live webcast at www.virtualshareholdermeeting.com/CERT2024.. Stockholders can attend, vote electronically, and submit questions during the meeting..
Is Certara, Inc. a risky investment based on this filing?
Based on this DEF 14A, Certara, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
What should investors do after reading Certara, Inc.'s DEF 14A?
Review the proxy statement to understand the agenda items for the annual meeting and ensure your vote is cast by the deadline. The overall sentiment from this filing is neutral.
How does Certara, Inc. compare to its industry peers?
Certara, Inc. operates in the software and services sector, focusing on prepackaged software solutions.
Are there regulatory concerns for Certara, Inc.?
This filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs proxy solicitations.
Industry Context
Certara, Inc. operates in the software and services sector, focusing on prepackaged software solutions.
Regulatory Implications
This filing is made under the Securities Exchange Act of 1934, specifically Schedule 14A, which governs proxy solicitations.
What Investors Should Do
- Review the proxy statement for agenda items and proposals.
- Ensure you have the necessary credentials to access the virtual meeting.
- Vote your shares via the provided methods before the meeting date.
Key Dates
- 2024-05-21: 2024 Annual Meeting of Stockholders — Key date for shareholder participation and voting.
Year-Over-Year Comparison
This is the initial filing for the 2024 proxy statement, providing details for the upcoming annual meeting.
Filing Stats: 4,645 words · 19 min read · ~15 pages · Grade level 13.7 · Accepted 2024-04-10 06:15:50
Filing Documents
- tm242785d6_def14a.htm (DEF 14A) — 1856KB
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- 0001104659-24-045501.txt ( ) — 5641KB
- cert-20231231.xsd (EX-101.SCH) — 8KB
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Executive Compensation
Executive Compensation 34 Accomplishments Achieved by Executive Team During Fiscal Year 2023 34 Executive Summary 34
Executive Compensation Objectives and Philosophy
Executive Compensation Objectives and Philosophy 35 Compensation Determination Process 36 Additional Information About our Executive Compensation Program 43 Compensation Committee Interlocks and Insider Participation 43 Compensation Committee Report 44
Executive Compensation
Executive Compensation 45 Summary Compensation Table 45 Narrative Disclosure to Summary Compensation Table and Grants of Plan Based Awards Table 48 Outstanding Equity Awards at 2023 Year End 51 Option Exercises and Stock Vested 53 Employment Agreements 54 CEO Pay Ratio 56 Termination and Severance 57 Termination Provisions in Employment Agreements 61 Treatment of Equity Awards 62 Pay Versus Performance 64 Proposal 4 — Advisory to Approve the 2023 Compensation of Our Named Executive Officers 71 Our Executive Officers 71 Certain Relationships and Related Party Transactions 73 Registration Rights Agreement 73 Stockholders Agreement 73 Indemnification of Directors and Officers 74 Related Persons Transaction Policy 74 Delinquent Section 16(A) Reports 74 Stock Ownership Table 75 Other Matters 79 Stockholder Recommendations and Nominations of Director Candidates 79 Submission of Stockholder Proposals and Board Nominees for 2025 79 Stockholder Proposals for Inclusion in the 2025 Proxy Statement 79 Other Stockholder Proposals or Nominations for Presentation at the 2025 Annual Meeting 79 Availability of 2023 Form 10-K 80 TABLE OF CONTENTS PROXY STATEMENT SUMMARY This summary highlights selected information in the proxy statement. Please review the entire proxy statement and our Annual Report on Form 10-K for the fiscal year ended December 31, 2023, before voting. VOTING MATTERS AND BOARD RECOMMENDATIONS Voting Matters — 2024 Proposals Board Recommends: Proposal 1: Election of Class I directors. FOR each nominee Proposals 2a and 2b: To approve two separate proposals to amend our Amended and Restated Certificate of Incorporation (our "Certificate of Incorporation") : a. Amend our Certificate of Incorporation to limit the liability of certain officers of Certara as permitted pursuant to the Delaware General Corporation Law; and b. Amend our Certific