“possible sanctions” against the actor — who will, as it turns out, be allowed to keep his trophy.In a subsequent statement released Friday afternoon, the Board stated it has “decided, for a period of 10 years from April 8, 2022, Mr. Smith shall not be permitted to attend any Academy events or programs, in person or virtually, including but not limited to the Academy Awards.”The virtual meeting was “contentious,” sources told Deadline.In the official statement, Board President David Rubin described Smith’s behavior as “unacceptable and harmful.” He also admitted that the Academy did not “adequately address the situation” during the live telecast.Rubin continued: “We want to express our deep gratitude to Mr.