Axon Enterprise, Inc. (NASDAQ:AAXN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Axon Enterprise, Inc. (NASDAQ:AAXN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

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Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers

On May 24, 2017, a mutual decision was made to transition Marcus
Womack, currently EVP and General Manager of the Software and
Sensors business unit, to an advisory role on international
matters. As such, Mr. Womack will no longer serve as an executive
officer of the Company. The Company is currently negotiating, and
anticipates entering into, an employment agreement with Mr. Womack
to define the terms, conditions, duration and parameters of his
employment relationship with the Company going forward.
Item 5.07 Submission of Matters to a Vote of Security Holders
On May 25, 2017, the Company held its Annual Meeting of
Shareholders (the “Meeting”). The total number of shares of the
Companys common stock, par value of $0.00001 per share, voted in
person or by proxy at the Meeting was 47,361,389 representing
approximately 90% of the 52,593,389 shares outstanding as of the
March 27, 2017 record date and entitled to vote at the Meeting. The
number of votes cast for, against or withheld, as well as
abstentions and broker non-votes, if applicable, with respect to
each matter considered at the Meeting is set out below. For more
information regarding these matters, please refer to the Companys
Definitive Proxy Statement relating to the Meeting, which was filed
with the Securities and Exchange Commission on April 14, 2017.
Proposal 1 Election of Directors
The following nominees were elected as Class B directors for a term
of three years (and until their successors are elected and
qualified) by the votes indicated below.
FOR
WITHHELD
BROKER
NON-VOTES
Patrick Smith
28,579,973
297,787
18,483,629
Mark Kroll
26,208,047
2,669,713
18,483,629
Matthew McBrady
28,647,968
229,792
18,483,629
Proposal 2 Advisory Vote on the Compensation of Executive Officers
(“Say-on-Pay”)
The non-binding advisory vote to approve the compensation of the
Companys named executive officers was approved as follows:
FOR
AGAINST
ABSTAIN
BROKER NON-VOTES
27,731,338
950,245
196,177
18,483,629
Proposal 3 Advisory Vote to Recommend the Frequency of the
Shareholder Vote to Approve the Compensation of the Company’s
Named Executive Officers (“Say-on-Frequency”)
A majority of shareholders voted for “1 YEAR” as indicated below.
1 YEAR
2 YEARS
3 YEARS
ABSTAIN
BROKER NON-VOTES
23,646,776
1,389,909
3,733,744
107,331
18,483,629
Based on these results, and consistent with the Company’s
recommendation, the Board has determined that Axon will hold an
advisory vote on compensation of executive officers every year.
Proposal 4 Ratification of Appointment of Independent Registered
Public Accounting Firm
The proposal to ratify the appointment of Grant Thornton LLP as the
Companys independent registered public accountant for fiscal year
2017 was approved by the votes indicated below. There were no
broker non-votes on this proposal.
FOR
AGAINST
ABSTAIN
46,482,037
722,982
156,370


About Axon Enterprise, Inc. (NASDAQ:AAXN)

Axon Enterprise, Inc., formerly TASER International, Inc., is engaged in development, manufacture and sale of conducted electrical weapons (CEWs) for use by law enforcement, military, corrections and private security personnel, and by private individuals for personal defense. It is also engaged in development of connected wearable on-officer cameras. It operates through two segments: the sale of CEWs, accessories, and other related products and services (the TASER Weapons segment), and the Axon business, focused on devices, wearables, applications, cloud and mobile products (the Axon segment). Its TASER Weapons product line includes TASER X26P, TASER X2, TASER C2, TASER Pulse and Replacement Cartridges. Its hardware products include Axon Body 2, Axon Flex, Axon Fleet, Axon Interview, Axon Signal and Axon Dock. Its Axon software and mobile technologies include Evidence.com, Evidence.com for Prosecutors, Evidence Sync, Axon Capture, Axon View, Axon Five, Axon Convert and Axon Detect.

Axon Enterprise, Inc. (NASDAQ:AAXN) Recent Trading Information

Axon Enterprise, Inc. (NASDAQ:AAXN) closed its last trading session down -0.09 at 24.90 with 554,212 shares trading hands.

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