Xplore Technologies Corp. (NASDAQ:XPLR) Files An 8-K Submission of Matters to a Vote of Security Holders

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Xplore Technologies Corp. (NASDAQ:XPLR) 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

At the Company’s Annual Meeting of Stockholders held on November 30, 2017, the Company’s stockholders voted on three matters. The Company’s stockholders (i) approved the election of Thomas B. Pickens III, Donald F. Neville, Kent A. Misemer, Robert N. McFarland and Andrea Goren to the Company’s board of directors, (ii) ratified the appointment of GBH CPAs, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2018, and (iii) approved an amendment to the Company’s 2009 Stock Incentive Plan to (a) increase the maximum number of shares of its common stock issuable under that plan from 3,000,000 to 4,000,000, and (b) extend the termination date of that plan from June 9, 2019 to June 9, 2024.

As of the close of business on October 23, 2017, the record date for the Annual Meeting, there were 11,020,905 shares of the Company’s common stock issued and outstanding and entitled to vote at the Annual Meeting. The presence, in person or by proxy, of the holders of record of capital stock representing a majority of the votes entitled to be cast at the Annual Meeting constitutes a quorum. At the Annual Meeting, holders of a total of 8,156,299 (74.00%) shares of the Company’s common stock were present, in person or by proxy. The tables below set forth information regarding the results of the voting at the Annual Meeting.

Proposal 1: Voting tabulations for the election of the following individuals as directors for a one year term were as follows:

Name

Votes For

Votes Withheld

Thomas B, Pickens III

3,545,617

891,187

Donald F. Neville

3,843,714

593,090

Kent A. Misemer

3,544,010

892,794

Robert N. McFarland

3,841,113

595,691

Andrea Goren

3,636,037

800,767

Proposal 2: The voting tabulation for the ratification of GBH CPAs, PLLC as the Company’s independent registered public accounting firm for the fiscal year ending March 31, 2018 was as follows:

Votes For

Votes Against

Abstentions

Broker

Non-Votes

6,579,525

1,573,412

3,362

Proposal 3: The voting tabulation for the approval of an amendment to the Company’s 2009 Stock Incentive Plan to (a) increase the maximum number of shares of its common stock issuable under that plan from 3,000,000 to 4,000,000, and (b) extend the termination date of that plan from June 9, 2019 to June 9, 2024:

Votes For

Votes Against

Abstentions

Broker

Non-Votes

2,653,106

1,780,997

2,701

3,718,495

Reference is made to the Company’s Schedule 14A, dated November 7, 2017, containing the definitive Proxy Statement, which the Company distributed to its stockholders of record beginning on November 7, 2017.


About Xplore Technologies Corp. (NASDAQ:XPLR)

Xplore Technologies Corp. (Xplore) is engaged in the development, integration and marketing of rugged mobile personal computers (PCs). The Company’s rugged tablet PCs are designed to withstand various conditions, such as extreme temperatures, driving rain, repeated vibrations, dirt, dust and concussive shocks. Xplore’s products are used by a range of field personnel, including energy pipeline inspectors, public safety responders, warehouse workers and pharmaceutical scientists. Its tablets are fitted with a range of accessories, including various docking solutions, wireless connectivity alternatives, global positioning system modules, biometric and smartcard options, as well as traditional peripherals, such as keyboards and cases. Xplore’s tablets also include long-term evolution (LTE) and wireless fidelity (Wi-Fi) connectivity options for real-time data access. Its products include the iX104 product family, Xslate B10, Motion R12, Motion F5m/C5m, Bobcat and Xslate D10.

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