Aehr Test Systems annual meeting results: all four proposals passed, including 2023 equity plan (1.5M shares)

AEHR TEST SYSTEMS

Six directors re-elected; Rhea Posedel received 9,001,500 for, 5,779,054 withheld; others had higher tallies.
2023 Equity Incentive Plan approved (12,542,957 for, 996,473 against, 1,241,124 abstain, 6,177,835 broker non-votes).
BPM LLP ratified as independent auditor for FY2024 (20,882,701 for, 51,499 against, 24,189 abstain).
Advisory vote on executive compensation approved (13,520,292 for, 1,172,122 against, 88,140 abstain, 6,177,835 broker non-votes).

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AEHR TEST SYSTEMS shareholders approved Approve the adoption of the Company's 2023 Equity Incentive Plan to replace the Company's 2016 Equity Incentive Plan and provide a reserve for issuance of 1,500,000 shares of common stock of the Company at the 2023-10-23 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2023-10-23

Exact text from the filing

Proposal Two: Approve the adoption of the Company’s 2023 Equity Incentive Plan to replace the Company’s 2016 Equity Incentive Plan and provide a reserve for issuance of 1,500,000 shares of common stock of the Company. VOTES VOTES VOTES BROKER PROPOSAL FOR AGAINST ABSTAIN NON-VOTES TWO 12,542,957 996,473 1,241,124 6,177,835 The foregoing proposal was approved.

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AEHR TEST SYSTEMS shareholders approved Approve, on an advisory basis, the compensation of the Company's named executive officers at the 2023-10-23 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2023-10-23

Exact text from the filing

Proposal Four: Approve, on an advisory basis, the compensation of the Company’s named executive officers. VOTES VOTES VOTES BROKER PROPOSAL FOR AGAINST ABSTAIN NON-VOTES FOUR 13,520,292 1,172,122 88,140 6,177,835 The foregoing proposal was approved.

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AEHR TEST SYSTEMS shareholders approved Election of Directors at the 2023-10-23 meeting.

Proposal: director election
Outcome: passed
Meeting: 2023-10-23

Exact text from the filing

Proposal One: Election of Directors of the Company. VOTES VOTES BROKER NOMINEE FOR WITHHELD NON-VOTES Rhea J. Posedel 9,001,500 5,779,054 6,177,835 Gayn Erickson 14,713,089 67,465 6,177,835 Fariba Danesh 14,554,341 226,213 6,177,835 Laura Oliphant 13,636,198 1,144,356 6,177,835 Geoffrey G. Scott 14,179,262 601,292 6,177,835 Howard T. Slayen 14,259,600 520,954 6,177,835 Each of the six nominees was elected to serve as a director until the next Annual Meeting or until his or her successor is elected and qualified.

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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

AEHR TEST SYSTEMS shareholders approved Ratify the selection of BPM LLP as the Company's independent registered public accounting firm for the fiscal year ending May 31, 2024 at the 2023-10-23 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2023-10-23

Exact text from the filing

Proposal Three: Ratify the selection of BPM LLP as the Company’s independent registered public accounting firm for the fiscal year ending May 31, 2024. VOTES VOTES VOTES BROKER PROPOSAL FOR AGAINST ABSTAIN NON-VOTES THREE 20,882,701 51,499 24,189 - The foregoing proposal was accordingly ratified.

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1500 shareholder votes filed in the last 30 days. Browse all shareholder votes →

AEHR TEST SYSTEMS filing history →

Source: SEC EDGAR

accession 0001654954-23-013387

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