Lantronix stockholders approve amendments to equity plans, increase share reserves

LANTRONIX INC

Stockholders approved amendment to 2020 Performance Incentive Plan, increasing share reserve by 1.8M shares to 5,349,047 shares.
Stockholders approved amendment to 2013 ESPP, increasing share reserve by 500K shares to 1.8M shares and extending term to August 9, 2032.
All six director nominees elected (Paul Pickle, Jason Cohenour, Paul F. Folino, Phu Hoang, Heidi Nguyen, Hoshi Printer).
Ratification of Baker Tilly US, LLP as independent auditor for FY2023 approved.
Advisory vote on executive compensation approved (19,507,091 for, 84,159 against).

Key facts

Extracted from this filing and checked against the source text.

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

LANTRONIX INC shareholders approved Ratification of appointment of Baker Tilly US, LLP as independent registered public accountants for fiscal year ending June 30, 2023 at the 2022-11-08 meeting.

Proposal: auditor ratification
Outcome: passed
Meeting: 2022-11-08

Exact text from the filing

Auditor Ratification For Against Abstain 25,217,472 19,370 127,165

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

LANTRONIX INC shareholders approved Advisory vote to approve compensation of named executive officers at the 2022-11-08 meeting.

Proposal: say on pay
Outcome: passed
Meeting: 2022-11-08

Exact text from the filing

Advisory Compensation Vote For Against Abstain Broker Non-Votes 19,507,091 84,159 209,177 5,563,580

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

LANTRONIX INC shareholders approved Election of six nominees to the Board of Directors: Paul Pickle, Jason Cohenour, Paul F. Folino, Phu Hoang, Heidi Nguyen, Hoshi Printer at the 2022-11-08 meeting.

Proposal: director election
Outcome: passed
Meeting: 2022-11-08

Exact text from the filing

Set forth below are the final voting tallies for the Annual Meeting: Election of Directors For Against Abstain Broker Non-Votes Paul Pickle 19,717,122 74,828 8,477 5,563,580 Jason Cohenour 19,526,506 265,465 8,456 5,563,580 Paul F. Folino 19,629,464 162,307 8,656 5,563,580 Phu Hoang 19,734,889 56,595 8,943 5,563,580 Heidi Nguyen 19,590,746 201,303 8,378 5,563,580 Hoshi Printer 19,648,224 144,726 7,477 5,563,580

View on SEC.gov

Shareholder Votes SEC 8-K Item 5.07 confidence 1.0

LANTRONIX INC shareholders approved Approval of amendments to the Incentive Plan, including to increase number of shares reserved by 1,800,000 at the 2022-11-08 meeting.

Proposal: equity plan
Outcome: passed
Meeting: 2022-11-08

Exact text from the filing

Incentive Plan Approval For Against Abstain Broker Non-Votes 19,137,212 484,783 178,432 5,563,580

View on SEC.gov

Browse all shareholder votes →

LANTRONIX INC filing history →

Source: SEC EDGAR

accession 0001683168-22-007453

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.