Item 5.07 Submission of Matters to a Vote of Security Holders.

The Company's annual meeting of stockholders was held on June 8, 2021 to consider and vote on the following: (1) election of directors ("Proposal 1"), (2) ratification of the appointment of the Company's independent registered public accounting firm for the fiscal year ending June 30, 2021 ("Proposal 2"), (3) approval of an amendment to our Certificate of Incorporation to effect an increase in authorized common stock from 300,000,000 shares to 400,000,000 shares ("Proposal 3"), and (4) advise the Company whether stockholders approve the compensation of the Company's named executive officers ("Proposal 4").

Common stock and Series A convertible preferred stock voted as a single class on all matters. There were present in person or by proxy 124,820,173 votes, representing a majority of the total outstanding eligible votes as of the record date for the meeting.

Proposal 1. Election of Directors. The stockholders elected the following eight directors to serve until the next annual meeting, or until their successors are elected and qualified, by the votes set forth below:



           Nominee                 FOR        WITHHELD
01) Carl Spana, Ph.D.           40,224,918    14,325,733
02) John K.A. Prendergast       33,680,892    20,869,759
03) Robert K. deVeer, Jr.       42,571,434    11,979,217
04) J. Stanley Hull             42,324,003    12,226,648
05) Alan W. Dunton, M.D.        42,974,111    11,576,540
06) Arlene M. Morris            41,173,191    13,377,460
07) Anthony M. Manning, Ph.D.   38,816,903    15,733,748

Broker Non-Votes: 70,269,522 for each director

Proposal 2. Ratification of Appointment of Independent Registered Public Accounting Firm. The stockholders ratified the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending June 30, 2021, by the votes set forth below:



    For        Against      Abstain
109,952,561   11,578,337   3,289,275

Broker Non-Votes: not applicable

Proposal 3. Amendment to Certificate of Incorporation to Increase Authorized Common from 300,000,000 Shares to 400,000,000 Shares. As disclosed below under Item 8.01, incorporated herein by reference, upon motion the Annual Meeting was adjourned on Proposal 3.

Proposal 4. Say-on-Pay. The stockholders voted to advise the Company that they do approve the compensation of the Company's named executive officers by the votes set forth below:



   For        Against      Abstain
35,028,843   18,065,507   1,456,301



Broker Non-Votes: 70,269,522


Item 8.01 Other Events.

At the time of the Annual Meeting, there were insufficient votes to pass Proposal 3, which sought an amendment to the Company's Certificate of Incorporation to effect an increase in authorized common stock from 300,000,000 shares to 400,000,000 shares. Upon motion, the Annual Meeting was adjourned on Proposal 3, and as announced at the Annual Meeting, such meeting will reconvene at 9:00 a.m. Eastern Daylight Time on July 8, 2021 virtually at http://www.virtualshareholdermeeting.com/PTN2021. During the period of adjournment, the Company will continue to accept stockholder votes on Proposal 3.

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