Workhorse shareholders approve 2023 LTIP (4.5M shares) and re-elect eight directors

Workhorse Group Inc.

Stockholders approved the 2023 Long-Term Incentive Plan; plan reduced from 5M to 4.5M shares on April 21, 2023.
All eight director nominees re-elected, including first-term directors Jean Botti and Brandon Declet.
Grant Thornton LLP ratified as independent auditor for fiscal 2023 with 89.96M votes for.
Annual meeting held May 2, 2023; quorum of ~54% of 170.8M outstanding shares present.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Workhorse Group Inc. shareholders approved Election of eight nominees to serve on the Board of Directors at the 2023-05-02 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-05-02

Exact text from the filing

Proposal 1 - Election of eight nominees to serve on the Board of Directors until the next annual meeting or until their respective successors are duly elected and qualified. Nominee Votes For Votes Against Abstentions Broker Non-Votes Raymond J. Chess 36,819,995 6,831,508 724,325 48,137,260 Richard F. Dauch 38,900,575 4,815,436 659,817 48,137,260 Jacqueline A. Dedo 32,200,192 11,495,465 680,171 48,137,260 Pamela S. Mader 30,678,226 12,916,304 781,298 48,137,260 William G. Quigley III 38,498,790 4,996,150 880,888 48,137,260 Austin S. Miller 32,583,054 10,992,497 800,277 48,137,260 Brandon Torres Declet 38,607,157 4,948,145 820,526 48,137,260 Dr. Jean Botti 38,686,320 4,931,897 757,611 48,137,260 The shareholders elected all eight of the nominees as directors.

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Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Workhorse Group Inc. shareholders approved Ratification of Grant Thornton LLP as independent registered public accounting firm for fiscal year 2023 at the 2023-05-02 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-05-02

Exact text from the filing

Proposal 2 - Ratification of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2023. Votes For Votes Against Abstentions Votes Cast 89,961,314 1,651,359 900,415 The shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2023.

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Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

Workhorse Group Inc. shareholders approved Approval of the Workhorse Group Inc. 2023 Long-Term Incentive Plan at the 2023-05-02 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2023-05-02

Exact text from the filing

Proposal 3 – Approval of the Workhorse Group Inc. 2023 Long-Term Incentive Plan. Votes For Votes Against Abstentions Broker Non-Votes Votes Cast 34,389,868 9,169,566 816,394 48,137,260 The shareholders approved the Workhorse Group Inc. 2023 Long-Term Incentive Plan.

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63 shareholder votes filed in the last 30 days. Browse all shareholder votes →

Workhorse Group Inc. filing history →

Source: SEC EDGAR

accession 0001213900-23-036875

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