Polar Power board adopts triennial say-on-pay frequency after shareholder vote

Polar Power, Inc.

Annual meeting shareholders indicated preference for say-on-pay vote every three years on non-binding basis.
Board of Directors determined future say-on-pay vote will be held every three years until next frequency vote.
Decision consistent with board's prior recommendation and stockholder voting results from Dec 21, 2022 meeting.

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

Polar Power, Inc. shareholders approved Non-binding advisory vote on the frequency of future advisory votes on executive compensation at the 2022-12-21 meeting.

Proposal: say on pay frequency
Outcome: passed
Meeting: 2022-12-21

Exact text from the filing

a majority of the Company’s stockholders that voted on the matter indicated a preference to hold, on a non-binding advisory basis, the Company’s future non-binding advisory votes on executive compensation, or say on pay votes, every three years.

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

Polar Power, Inc. filing history →

Source: SEC EDGAR

accession 0001493152-23-001182

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