--- schema_version: "secwatch.filing_event.v1" accession: "0001477932-23-004600" form_type: "8-K" ticker: "SOBR" cik: "0001425627" company_name: "SOBR Safe, Inc." filed_at: "2023-06-15T23:59:59+00:00" generated_at: "2026-06-14T00:00:50.017726+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.65 calibrated_materiality_score: 0.65 confidence: "high" source: SEC EDGAR --- # SOBR Safe shareholders approve equity plan amendment and warrant price reduction at annual meeting ## Summary - All six proposals approved at June 9, 2023 annual meeting. - 2019 Equity Incentive Plan amended: shares increased to 3.5M plus annual 5% evergreen. - Minimum exercise price of common stock purchase warrants reduced from $1.35 to $0.00001. - Directors elected: Steven Beabout, Noreen Butler, Ford Fay, David Gandini, Sandy Shoemaker. - Advisory say-on-pay approved; future frequency set to one year. ## SEC filing metadata - accession: 0001477932-23-004600 - form_type: 8-K - ticker: SOBR - cik: 0001425627 - company_name: SOBR Safe, Inc. - filed_at: 2023-06-15T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.65 - calibrated_materiality_score: 0.65 - confidence: high - sec_items: 1.01, 5.02, 5.07 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1425627/000147793223004600/0001477932-23-004600-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1425627/000147793223004600/sobr_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001477932-23-004600 - JSON: https://secwatch.observer/filing/0001477932-23-004600.json - Plain text: https://secwatch.observer/filing/0001477932-23-004600.txt ## Key facts - Shareholder Votes SOBR Safe, Inc. shareholders approved Approval of reduction of minimum exercise price of common stock purchase warrants at the 2023-06-09 meeting. - Outcome: passed - Meeting: 2023-06-09 source text: The stockholders approved, for purposes of complying with the provisions of that certain Securities Purchase Agreement dated September 28, 2022, the reduction of the minimum exercise price of common stock purchase warrants issued pursuant thereto from $1.35 to $0.00001, which is the par value of the Company’s Common Stock. Shares FOR Shares AGAINST ABSTAIN 6,145,176 573,401 201,372 evidence_url: https://www.sec.gov/Archives/edgar/data/1425627/000147793223004600/0001477932-23-004600-index.htm - Shareholder Votes SOBR Safe, Inc. shareholders approved Ratification of Indemnification Agreements with executive officers and directors at the 2023-06-09 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-06-09 source text: The stockholders approved the ratification of indemnification agreements entered into by the Company with each of the executive officers and directors of the Company, and further authorized the Company to enter into indemnification agreements in the same form with future executive officers and directors. Shares FOR Shares AGAINST ABSTAIN 6,153,600 203,042 563,307 evidence_url: https://www.sec.gov/Archives/edgar/data/1425627/000147793223004600/0001477932-23-004600-index.htm - Shareholder Votes SOBR Safe, Inc. shareholders approved Amendment of 2019 Equity Incentive Plan at the 2023-06-09 meeting. - Proposal: equity plan - Outcome: passed - Meeting: 2023-06-09 source text: The stockholders approved the amendment to the Company’s 2019 Equity Incentive Plan increasing the number of shares of common stock available for issuance thereunder to 3,500,000 shares plus an automatic increase on February 1 of each year equal to 5% of the total number of shares of common stock outstanding on December 31 of the preceding year. Shares FOR Shares AGAINST ABSTAIN 5,920,616 919,049 80,284 evidence_url: https://www.sec.gov/Archives/edgar/data/1425627/000147793223004600/0001477932-23-004600-index.htm - Shareholder Votes SOBR Safe, Inc. shareholders approved Election of directors at the 2023-06-09 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-06-09 source text: Name Shares FOR WITHHOLD Authority To Vote Steven Beabout 6,655,748 264,201 Noreen Butler 6,874,386 45,563 Ford Fay 6,654,779 265,170 David Gandini 6,867,497 52,452 Sandy Shoemaker 6,713,442 206,507 evidence_url: https://www.sec.gov/Archives/edgar/data/1425627/000147793223004600/0001477932-23-004600-index.htm - Shareholder Votes SOBR Safe, Inc. shareholders approved Say-on-Pay advisory vote on executive compensation at the 2023-06-09 meeting. - Proposal: say on pay - Outcome: passed - Meeting: 2023-06-09 source text: The stockholders approved, by a nonbinding “say-on-pay” advisory vote, the compensation of our named executive officers. Shares FOR Shares AGAINST ABSTAIN 6,455,223 390,708 74,018 evidence_url: https://www.sec.gov/Archives/edgar/data/1425627/000147793223004600/0001477932-23-004600-index.htm - Shareholder Votes SOBR Safe, Inc. shareholders approved Advisory vote on frequency of future say-on-pay votes at the 2023-06-09 meeting. - Proposal: say on pay frequency - Outcome: passed - Meeting: 2023-06-09 source text: The stockholders voted to conduct future advisory votes on the compensation of the Company’s named executive officers every one year. One Year Two Years Three Years ABSTAIN 4,427,761 62,032 2,413,238 16,918 evidence_url: https://www.sec.gov/Archives/edgar/data/1425627/000147793223004600/0001477932-23-004600-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.