8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

The Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): June 4, 2014

 

 

MICROVISION, INC.

(Exact name of registrant as specified in its charter)

 

 

 

DELAWARE   001-34170   91-1600822

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

6244 185th Avenue NE, Suite 100

Redmond, Washington 98052

(Address of principal executive offices) (Zip Code)

(425) 936-6847

Registrant’s telephone number, including area code

N/A

(Former name or former address, if changed since last report)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.07. Submission of Matters to a Vote of Security Holders.

The annual meeting of stockholders of the Company was held on June 3, 2014, pursuant to notice duly given. The stockholders voted on five proposals, which are described in detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission April 21, 2014.

The results are as follows:

 

Proposal 1.

   All of the Company’s nominees for director were elected by the votes set forth in the table below:

 

Nominee

   For      Withheld      Broker Non-Votes  

Richard A. Cowell

     5,677,137         324,547         22,912,000   

Slade Gorton

     5,627,359         374,325         22,912,000   

Jeanette Horan

     5,685,148         316,536         22,912,000   

Perry Mulligan

     5,672,607         329,077         22,912,000   

Alexander Tokman

     5,542,460         459,224         22,912,000   

Brian Turner

     5,683,510         318,174         22,912,000   

Thomas M. Walker

     5,705,898         295,786         22,912,000   

 

Proposal 2.

   The stockholders approved the proposed amendment to the 2013 MicroVision, Inc. Incentive Plan by the votes set forth in the table below:

 

For:

     5,036,333   

Against:

     784,470   

Abstain:

     180,881   

Broker Non-Votes:

     22,912,000   

 

Proposal 3.

   The stockholders ratified the appointment of Moss Adams LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2014, by the votes set forth in the table below:

 

For:

     27,753,626   

Against:

     711,653   

Abstain:

     448,405   

 

  The proposal to ratify the appointment of Moss Adams LLP was a routine matter and, therefore, there were no broker non-votes relating to that matter.


Proposal 4.

   The stockholders approved on an advisory basis, the compensation for the Company’s named executive officers by the votes set forth in the table below:

 

For:

     5,105,059   

Against:

     718,557   

Abstain:

     178,068   

Broker Non-Votes:

     22,912,000   

 

Proposal 5

   The stockholders did not approve the underwritten offering of common stock and warrants to purchase common stock that the Company completed on March 18, 2014 by the number of shares required. Such proposal required approval by a majority of the votes cast at the meeting, provided (i) the number of votes cast in favor of the proposal must exceed the number of votes cast against the proposal by at least 7,160,000 shares, which is the number of shares of common stock issued pursuant to such offering, including shares issued on exercise of the warrants since the completion of such offering, as of the record date. The votes are set forth in the table below:

 

For:

     5,505,577   

Against:

     395,161   

Abstain:

     100,946   

Broker Non-Votes:

     22,912,000   


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.

 

MICROVISION, INC.

/s/ David J. Westgor

David J. Westgor
Vice President, General Counsel

Dated: June 4, 2014