other material
confidence high
sentiment negative
materiality 0.15
Applied Optoelectronics shareholders reject proposal to increase equity plan shares by 2M
APPLIED OPTOELECTRONICS, INC.
- Proposal 5 (2021 Equity Incentive Plan amendment for 2M additional shares) failed with 6,739,828 for, 10,340,097 against.
- Proposal 6 (CEO PSU grant approval) passed: 15,067,633 for, 1,775,241 against.
- All director nominees elected: William Yeh (12,883,866 for, 4,397,128 withheld), Cynthia DeLaney (16,386,831 for, 894,163 withheld).
- Ratification of Grant Thornton LLP as auditor approved: 25,518,024 for, 159,790 against.
- Advisory say-on-pay passed (15,242,588 for); frequency set to one year (16,870,029 votes); company will hold annual advisory votes.