MicroVision adopts new severance plan, boosts CFO salary, annual meeting elects directors

MICROVISION, INC.

New Key Executive Severance & CIC Plan replaces prior plan, providing up to 18 months salary + 150% bonus on change-in-control termination.
CFO Anubhav Verma salary raised 6.25% to $425k, eligible for 40% bonus, granted 450k RSUs vesting over 3 years.
General Counsel Drew Markham salary raised ~7.5% to $400k, 40% bonus target, granted 360k RSUs vesting over 3 years.
2023 short-term incentive bonuses paid in fully vested RSUs: 200k to Verma, 186,250 to Markham.
Annual meeting elected all 8 director nominees; say-on-pay passed; Moss Adams ratified as auditor for 2024.

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