secwatch.observer — SEC 8-K summary
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Issuer:     Ocean Power Technologies, Inc. (OPTT)
CIK:        0001378140
Form:       8-K
Filed at:   2023-01-17T23:59:59+00:00
Accession:  0001493152-23-001619
Event type: other_material
Sentiment:  neutral
Materiality: 0.15
Item codes: 5.07
LLM model:  deepseek-v4-flash:cloud@v2

Ocean Power Tech shareholders approve 1.25M share increase in 2015 Omnibus Incentive Plan and re-elect directors
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- Amendment to 2015 Plan approved: shares available increased from 3,132,036 to 4,382,036; 12,955,071 for, 4,355,471 against.
- All six director nominees re-elected with between 16.0M and 16.7M votes for; broker non-votes 9,765,491 each.
- Ratification of EisnerAmper LLP as independent auditor for FY2023 approved: 25,919,610 for, 859,998 against, 1,316,858 abstain.
- Advisory vote on executive compensation approved: 12,874,650 for, 3,948,633 against, 1,507,691 abstain.
- Advisory vote on frequency of future say-on-pay: one year preferred with 14,833,483 votes, two years 957,477, three years 1,530,386.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1378140/000149315223001619/0001493152-23-001619-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1378140/000149315223001619/form8-k.htm
  HTML page:      https://secwatch.observer/filing/0001493152-23-001619

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