Vuzix Corporation filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 17, 2025, Vuzix Corporation (the “Company”) held its annual meeting of stockholders. At the annual meeting, (i) Paul Travers, Grant Russell, Edward Kay, Timothy Harned, and Paula Whitten-Doolin were each elected as directors of the Company to serve until the next annual meeting of stockholders or until their successors have been elected and qualified, (ii) stockholders ratified the board of directors’ appointment of Freed Maxick P.C. as the Company’s independent registered public accounting firm for 2025, (iii) stockholders approved, on an advisory basis, the compensation disclosed in the Company’s proxy statement of the Company’s named executive officers, (iv) stockholders recommended, on an advisory basis, that the Company hold an advisory vote on executive compensation every year, (v) stockholders approved an amendment to the Company’s certificate of incorporation to increase the Company’s authorized shares of common stock to 200,000,000, and (vi) stockholders approved the grant of 594,056 restricted stock units (or RSUs) to executive officers and other employees of the Company under the Company’s 2023 Equity Incentive Plan, and concurrent cancellation of 5,089,500 options previously granted to such officers and others.
The final voting results on these matters were as follows:
1. Election of Directors:
| Name | Votes For | Votes Against | Votes Abstained | Broker Non-Votes | ||||||||||||
| Paul Travers | 28,286,936 | 1,260,306 | 588,286 | 16,432,259 | ||||||||||||
| Grant Russell | 26,426,250 | 3,262,368 | 446,892 | 16,432,259 | ||||||||||||
| Edward Kay | 26,964,973 | 2,545,379 | 625,158 | 16,432,259 | ||||||||||||
| Timothy Harned | 27,229,531 | 2,383,844 | 522,135 | 16,432,259 | ||||||||||||
| Paula Whitten-Doolin | 26,875,975 | 2,672,041 | 587,494 | 16,432,259 | ||||||||||||
2. Ratification of appointment of Freed Maxick P.C. as the Company’s independent registered public accounting firm for 2025:
| Votes For | Votes Against | Votes Abstained | ||||||||
| 43,667,778 | 1,690,887 | 1,209,104 | ||||||||
3. Approval, on an advisory basis, of the compensation disclosed in the Company’s proxy statement of the Company’s named executive officers:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes | |||||||||||
| 27,594,294 | 2,367,583 | 173,633 | 16,432,259 | |||||||||||
4. Frequency of advisory votes on executive compensation:
| One Year | Two Years | Three Years | Votes Abstained | |||||||||||
| 25,562,942 | 3,021,570 | 866,610 | 684,388 | |||||||||||
5. Amendment to certificate of incorporation to increase authorized shares of common stock:
| Votes For | Votes Against | Votes Abstained | ||||||||
| 39,898,935 | 4,840,670 | 1,828,164 | ||||||||
6. Approval of grant of RSUs to executive officers and concurrent cancellation of previously granted options:
| Votes For | Votes Against | Votes Abstained | Broker Non-Votes | |||||||||||
| 25,004,419 | 4,865,828 | 265,263 | 16,432,259 | |||||||||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Date: June 20, 2025 | VUZIX CORPORATION | |
| By: | /s/ Grant Russell | |
|
Grant Russell Chief Financial Officer | ||