8-K
filed June 29, 2023, 7:59 PM ET
ticker PLUG
CIK 0001093691
other material
confidence high
sentiment neutral
materiality 0.50
Plug Power shareholders approve 11.37M share increase in equity plan, adopt ESPP, re-elect directors
PLUG POWER INC
- Amendment to 2021 Incentive Plan approved: shares available increase from 40.03M to 51.4M; double-trigger acceleration added.
- 2023 Employee Stock Purchase Plan approved by shareholders.
- Re-elected directors Jonathan M. Silver (161.5M for) and Kyungyeol Song (177.0M for) as Class III directors.
- Advisory say-on-pay passed with 190.8M for (76% of votes cast); one-year frequency selected for future votes.
- Deloitte & Touche ratified as auditor for FY2023 with 332.4M votes for.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PLUG POWER INC shareholders approved Approval of an amendment to the Plug Power Inc. 2021 Stock Option and Incentive Plan to increase shares and adjust counting ratio at the 2023-06-27 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
Proposal 2 - Approval of an Amendment to the Plug Power Inc. 2021 Stock Option and Incentive Plan For Against Abstain Broker Non-Votes 176,243,798 33,212,809 25,264,261 102,535,217
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PLUG POWER INC shareholders approved Ratification of Deloitte & Touche LLP as the Company's independent registered public accounting firm for fiscal year ending December 31, 2023 at the 2023-06-27 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
Proposal 6 - Ratification of Appointment of Deloitte For Against Abstain Broker Non-Votes 332,366,392 3,117,458 1,772,235 0
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PLUG POWER INC shareholders approved Non-binding, advisory vote on the frequency of future non-binding, advisory votes to approve the compensation of the Company's named executive officers at the 2023-06-27 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
Proposal 5 - Non-binding, Advisory Vote on the Frequency of Future Non-binding, Advisory Votes to Approve Named Executive Officer Compensation One Year Two Years Three Years Abstain Broker Non-Votes 224,938,832 2,555,292 3,923,099 3,303,645 102,535,217
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PLUG POWER INC shareholders approved Election of Jonathan M. Silver and Kyungyeol Song as Class III Directors at the 2023-06-27 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
Proposal 1 - Election of Class II Directors Director For Withheld Broker Non-Votes Jonathan M. Silver 161,529,049 73,191,819 102,535,217 Kyungyeol Song 177,007,125 57,713,743 102,535,217
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PLUG POWER INC shareholders approved Non-binding, advisory resolution regarding the compensation of the Company's named executive officers at the 2023-06-27 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
Proposal 4 - Non-binding, Advisory Vote on Named Executive Officer Compensation For Against Abstain Broker Non-Votes 190,792,010 41,874,194 2,054,664 102,535,217
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
PLUG POWER INC shareholders approved Approval of the Plug Power Inc. 2023 Employee Stock Purchase Plan at the 2023-06-27 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-06-27
Exact text from the filing
Proposal 3 - Approval of the Plug Power Inc. 2023 Employee Stock Purchase Plan For Against Abstain Broker Non-Votes 225,661,414 7,839,832 1,219,622 102,535,217
View on SEC.gov
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