8-KShareholder Matters

AXON ENTERPRISE, INC. 8-K Report, Shareholder Vote Results (May 24, 2013)

Filed May 24, 2013For Securities:AXON

Summary

This 8-K filing from TASER International, Inc. (now Axon Enterprise, Inc.) reports on the outcome of its Annual Meeting of Stockholders held on May 23, 2013. The meeting saw strong participation, with approximately 89% of outstanding shares voting. Key outcomes include the election of three Class A directors: John S. Caldwell, Michael Garnreiter, and Hadi Partovi, all of whom secured a significant majority of votes. Additionally, the stockholders provided advisory approval for the executive compensation ('Say on Pay') and ratified the appointment of Grant Thornton LLP as the independent registered public accounting firm for fiscal year 2013. The company also received approval for the adoption of its 2013 Stock Incentive Plan, indicating continued support for employee and executive equity incentives.

Key Highlights

  • 1Strong shareholder turnout at the Annual Meeting, with 89% of outstanding shares represented.
  • 2John S. Caldwell, Michael Garnreiter, and Hadi Partovi were elected as Class A directors with substantial shareholder support.
  • 3The non-binding 'Say on Pay' advisory vote on executive compensation received a majority 'FOR' vote.
  • 4Grant Thornton LLP was ratified as the independent registered public accounting firm for fiscal year 2013.
  • 5The 2013 Stock Incentive Plan was approved by shareholders, allowing the company to continue offering equity-based compensation.

Frequently Asked Questions

The main outcomes were the election of directors, advisory approval of executive compensation ('Say on Pay'), ratification of the independent auditor, and approval of the 2013 Stock Incentive Plan. Shareholders demonstrated strong participation and support for these proposals.

Yes, the three Class A director nominees – John S. Caldwell, Michael Garnreiter, and Hadi Partovi – were all elected to serve three-year terms, receiving significant 'FOR' votes from shareholders.

Shareholders provided advisory approval for the company's executive compensation ('Say on Pay') with a majority of votes cast in favor of the proposal.

Yes, the appointment of Grant Thornton LLP as the company's independent registered public accounting firm for fiscal year 2013 was ratified by shareholders with an overwhelming majority of votes.