Plug Power Inc. (NASDAQ:PLUG) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
-
0

Plug Power Inc. (NASDAQ:PLUG) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders

Plug Power Inc. (the “Company”) held a special meeting of stockholders on October23, 2017 (the “Special Meeting”). At the Special Meeting, the Company’s stockholders voted upon the following five proposals, which are described in detail in the Company’s Definitive Proxy Statement filed with the Securities and Exchange Commission on September18, 2017:

1. A proposal to ratify the filing and effectiveness of the certificate of amendment to the Company’s amended and restated certificate of incorporation (the “Certificate of Incorporation”) filed with the Secretary of State of the State of Delaware (the “Secretary of State”) on June21, 2000 and the increase in the number of shares of the Company’s authorized common stock, par value $0.01 per share (the “Common Stock”), effected thereby (the “2000 Share Increase Amendment Ratification”).

2. A proposal to ratify the filing and effectiveness of the certificate of amendment to the Certificate of Incorporation filed with the Secretary of State on July25, 2014 and the increase in the number of shares of the Company’s authorized Common Stock effected thereby (the “2014 Share Increase Amendment Ratification”).

3. A proposal to ratify the filing and effectiveness of the certificate of amendment to the Certificate of Incorporation filed with the Secretary of State on June30, 2017 and the increase in the number of shares of the Company’s authorized Common Stock effected thereby (the “2017 Share Increase Amendment Ratification” and, together with the 2000 Share Increase Amendment Ratification and the 2014 Share increase Amendment Ratification, the “Share Increase Amendment Ratifications”).

4. A proposal to ratify the filing and effectiveness of the certificate of amendment to the Certificate of Incorporation filed with the Secretary of State on May19, 2011 and the 1-for-10 reverse stock split effected thereby (“Reverse Stock Split Amendment Ratification” and, together with the Share Increase Amendment Ratifications, the “Ratifications”).

5. A proposal to approve an adjournment of the Special Meeting, if necessary, to solicit additional proxies if there are not sufficient votes in favor of any of the Ratifications (the “Adjournment Proposal”).

The votes cast with respect to each of the proposals are set forth below. There were no broker non-votes with respect to any of the proposals.

1. Approval of 2000 Share Increase Amendment Ratification:

VotesFor

VotesAgainst

VotesAbstaining

150,993,609

12,207,389

3,812,491

2. Approval of the 2014 Share Increase Amendment Ratification:

VotesFor

VotesAgainst

VotesAbstaining

149,159,786

14,100,881

3,752,822

3. Approval of the 2017 Share Increase Amendment Ratification:

VotesFor

VotesAgainst

VotesAbstaining

146,552,052

17,028,878

3,432,559

4. Approval of the Reverse Stock Split Amendment Ratification:

VotesFor

VotesAgainst

VotesAbstaining

146,140,204

17,193,552

3,679,733

5. Approval of the Adjournment Proposal:

VotesFor

VotesAgainst

VotesAbstaining

144,537,933

18,501,735

3,973,821

The results reported above are the final voting results. No other matters were considered or voted upon at the Special Meeting.


About Plug Power Inc. (NASDAQ:PLUG)

Plug Power Inc. is a provider of alternative energy technology focused on the design, development, commercialization and manufacture of hydrogen fuel cell systems used for the industrial off-road market and the stationary power market. The Company’s product line includes GenKey, GenDrive, GenFuel, GenCare and ReliOn. GenKey offers solutions to customers transitioning their material handling vehicles to fuel cell power. GenDrive is a hydrogen fueled proton exchange membrane (PEM) fuel cell system. It provides power to material handling vehicles. GenFuel is a hydrogen fueling delivery system. It is designed to allow customers to refuel its GenDrive units for productivity. GenCare is an ongoing maintenance program for both the GenDrive fuel cells and GenFuel products. ReliOn is a stationary fuel cell solution. It provides scalable, modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation and utility sectors.