Establishment Labs Holdings Inc. Files Definitive Proxy Statement

TL;DR

<b>Establishment Labs Holdings Inc. has filed its Definitive Proxy Statement for the period ending May 24, 2024, detailing executive compensation and equity awards.</b>

AI Summary

ESTABLISHMENT LABS HOLDINGS INC. (ESTA) filed a Proxy Statement (DEF 14A) with the SEC on April 12, 2024. Establishment Labs Holdings Inc. filed a Definitive Proxy Statement (DEF 14A) on April 12, 2024. The filing covers the period ending May 24, 2024. The company's fiscal year ends on December 31. Establishment Labs Holdings Inc. is in the Orthopedic, Prosthetic & Surgical Appliances & Supplies industry. The filing details equity awards granted, outstanding, vested, and those that failed to meet vesting conditions for PEO and Non-PEO members across 2021, 2022, and 2023.

Why It Matters

For investors and stakeholders tracking ESTABLISHMENT LABS HOLDINGS INC., this filing contains several important signals. This DEF 14A filing provides crucial information for shareholders regarding executive compensation, equity awards, and matters to be voted on at the upcoming shareholder meeting. Understanding the details of equity awards granted and vested is important for assessing management's alignment with shareholder interests and the company's long-term incentive structure.

Risk Assessment

Risk Level: — ESTABLISHMENT LABS HOLDINGS INC. shows moderate risk based on this filing. The filing is a routine DEF 14A, which is standard for public companies and does not contain new financial performance data or significant operational changes.

Analyst Insight

Shareholders should review the detailed breakdown of equity awards and executive compensation to understand management incentives and vote accordingly on relevant proposals.

Key Numbers

• 2023-12-31 — Fiscal Year End (Company fiscal year end date)
• 2021-01-01 to 2023-12-31 — Equity Award Reporting Period (Periods covered for equity award details)

Key Players & Entities

• ESTABLISHMENT LABS HOLDINGS INC. (company) — Filer name
• DEF 14A (filing) — Form type
• 2024-04-12 (date) — Filing date
• 2024-05-24 (date) — Period of report
• 0001688757-24-000049 (filing) — Accession number
• 3842 (industry) — Standard Industrial Classification

FAQ

Industry Context

Establishment Labs Holdings Inc. operates in the medical device sector, specifically focusing on orthopedic, prosthetic, and surgical appliances and supplies.

Regulatory Implications

As a publicly traded company, Establishment Labs Holdings Inc. is subject to SEC regulations, including the requirement to file Definitive Proxy Statements (DEF 14A) for shareholder information.

What Investors Should Do

1. Review the detailed breakdown of equity awards granted, vested, and outstanding for PEO and Non-PEO members for the fiscal years 2021-2023.
2. Analyze the executive compensation structure and any proposed changes or approvals related to it.
3. Understand the proposals to be voted on at the shareholder meeting as outlined in the proxy statement.

Key Dates

• 2024-04-12: Filing of DEF 14A — Indicates the company is providing updated proxy information to shareholders.

Year-Over-Year Comparison

This filing is a DEF 14A, which is a routine disclosure. No specific comparative data from a prior filing was immediately apparent in the provided text.

Filing Documents

• esta-20240412.htm (DEF 14A) — 772KB
• esta-20240412_g1.jpg (GRAPHIC) — 449KB
• esta-20240412_g2.jpg (GRAPHIC) — 335KB
• esta-20240412_g3.jpg (GRAPHIC) — 310KB
• esta-20240412_g4.jpg (GRAPHIC) — 412KB
• esta-20240412_g5.jpg (GRAPHIC) — 185KB
• 0001688757-24-000049.txt (&nbsp;) — 4996KB
• esta-20240412.xsd (EX-101.SCH) — 3KB
• esta-20240412_def.xml (EX-101.DEF) — 4KB
• esta-20240412_lab.xml (EX-101.LAB) — 5KB
• esta-20240412_pre.xml (EX-101.PRE) — 3KB
• esta-20240412_htm.xml (XML) — 162KB

EXECUTIVE COMPENSATION 23

EXECUTIVE COMPENSATION 23 Compensation Discussion and Analysis 23 Report of the Compensation Committee 30 Compensation Committee Interlocks and Insider Participation 30

Executive Compensation Tables and Other Information 31

Executive Compensation Tables and Other Information 31 PROPOSAL 3—RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 44 REPORT OF THE AUDIT COMMITTEE 46

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 47

SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 47 DELINQUENT SECTION 16(a) REPORTS 50 EQUITY COMPENSATION PLAN INFORMATION 51 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 52 OTHER MATTERS 54 ESTABLISHMENT LABS HOLDINGS INC. PROXY STATEMENT FOR 2024 ANNUAL MEETING OF SHAREHOLDERS To Be Held at 1:00 pm Eastern Time on Friday, May 24, 2024 This proxy statement is being furnished in connection with the solicitation of proxies by our board of directors ("Board") for use at the 2024 Annual Meeting of Shareholders (the "Annual Meeting") of Establishment Labs Holdings Inc., incorporated in the British Virgin Islands, and any postponements or adjournments thereof. The Annual Meeting will be held on Friday, May 24, 2024 at 1:00 pm Eastern Time, via live audio webcast at www.virtualshareholdermeeting.com/ESTA2024 , where you will be able to listen to the meeting live, submit questions and vote online. These proxy materials are first being sent or made available to all shareholders entitled to vote at the Annual Meeting on or about April 12, 2024. The information provided under "Questions and Answers About These Proxy Materials and Voting" below is for your convenience only. You should read this entire proxy statement carefully. Information contained on, or that can be accessed through, our website is not intended to be incorporated by reference into this proxy statement and references to our website address in this proxy statement are inactive textual references only. Important Notice Regarding Internet Availability of Proxy Materials This proxy statement and our annual report can be accessed by visiting: www.proxyvote.com . These materials are also available in the Investors section of our website at www.establishmentlabs.com . Questions and Answers About These Proxy Materials and Voting Q: Why did I receive a Notice of Internet Availability of Proxy Materials instead of a full set of proxy materials? A: In accordance with the rule

View Full Filing

View this DEF 14A filing on SEC EDGAR