--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-23-149298" form_type: "8-K" ticker: "MVIS" cik: "0000065770" company_name: "MICROVISION, INC." filed_at: "2023-05-19T23:59:59+00:00" generated_at: "2026-06-14T20:13:05.559847+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.6 calibrated_materiality_score: 0.6 confidence: "high" source: SEC EDGAR --- # MicroVision shareholders approve authorized share increase to 310M common shares ## Summary - Shareholders approved amendment increasing authorized shares: 310M common (from 200M) and 25M preferred (from 10M). - CEO Sumit Sharma's base salary set at $530,000 effective April 1, 2023. - CFO Anubhav Verma and GC Drew Markham received 40% bonuses: $160,000 and $148,800 respectively. - All seven director nominees elected; Moss Adams ratified as auditor for FY2023. - Advisory say-on-pay approved; board will hold annual votes until next frequency vote in 2029. ## SEC filing metadata - accession: 0001193125-23-149298 - form_type: 8-K - ticker: MVIS - cik: 0000065770 - company_name: MICROVISION, INC. - filed_at: 2023-05-19T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.6 - calibrated_materiality_score: 0.6 - confidence: high - sec_items: 5.02, 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/65770/000119312523149298/0001193125-23-149298-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/65770/000119312523149298/d476840d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-23-149298 - JSON: https://secwatch.observer/filing/0001193125-23-149298.json - Plain text: https://secwatch.observer/filing/0001193125-23-149298.txt ## Key facts - Governance Changes MICROVISION, INC.: Certificate of Amendment to Amended and Restated Certificate of Incorporation to increase authorized capital stock to 335,000,000 shares (310,000,000 common, 25,000,000 preferred) (effective 2023-05-18). - Change: charter amendment - Effective: 2023-05-18 source text: On May 18, 2023, the Company filed a Certificate of Amendment (the “Certificate of Amendment”) to its Amended and Restated Certificate of Incorporation (the “Certificate of Incorporation”) with the Secretary of State of the State of Delaware to increase the authorized number of shares of the Company’s capital stock to 335,000,000 shares, consisting of (i) 310,000,000 shares of common stock, $.001 par value (“Common Stock”) and (ii) 25,000,000 shares of preferred stock, $.001 par value. evidence_url: https://www.sec.gov/Archives/edgar/data/65770/000119312523149298/0001193125-23-149298-index.htm - Shareholder Votes MICROVISION, INC. shareholders approved Advisory approval of named executive officer compensation at the 2023-05-17 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-05-17 source text: Proposal 3. Shareholders approved, on an advisory basis, the named executive officer compensation. For: 70,229,839 Against: 5,563,326 Abstain: 2,930,472 Broker Non-Votes: 38,166,852 evidence_url: https://www.sec.gov/Archives/edgar/data/65770/000119312523149298/0001193125-23-149298-index.htm - Shareholder Votes MICROVISION, INC. shareholders approved Election of seven nominees for director at the 2023-05-17 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-05-17 source text: Proposal 1. All seven of the Company’s nominees for director were elected to hold office until the next annual meeting of shareholders. Nominee For Withheld Broker Non-Votes Simon Biddiscombe 76,280,747 2,442,890 38,166,852 Robert P. Carlile 74,490,107 4,233,530 38,166,852 Judith M. Curran 73,239,362 5,484,275 38,166,852 Jeffrey A. Herbst 76,852,593 1,871,044 38,166,852 Sumit Sharma 76,699,346 2,024,291 38,166,852 Mark B. Spitzer 76,670,410 2,053,227 38,166,852 Brian V. Turner 72,589,491 6,134,146 38,166,852 evidence_url: https://www.sec.gov/Archives/edgar/data/65770/000119312523149298/0001193125-23-149298-index.htm - Shareholder Votes MICROVISION, INC. shareholders approved Approval of amendment to Amended and Restated Certificate of Incorporation to increase authorized number of shares of Common Stock at the 2023-05-17 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-05-17 source text: Proposal 2. Shareholders approved an amendment to the Company’s Amended and Restated Certificate of Incorporation to increase the authorized number of shares of Common Stock, which required a majority of outstanding shares of Common Stock for approval. For: 109,671,119 Against: 6,718,430 Abstain: 500,940 Broker Non-Votes: 0 evidence_url: https://www.sec.gov/Archives/edgar/data/65770/000119312523149298/0001193125-23-149298-index.htm - Shareholder Votes MICROVISION, INC. shareholders approved Ratification of appointment of Moss Adams LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-05-17 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-05-17 source text: Proposal 4. Shareholders ratified the appointment of Moss Adams LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. For: 114,891,659 Against: 913,940 Abstain: 1,084,890 evidence_url: https://www.sec.gov/Archives/edgar/data/65770/000119312523149298/0001193125-23-149298-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.