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

ME Staff 8-k

7 years ago

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

Xplore Technologies Corp. (the “Company”) held its 2016 Annual
Meeting of Stockholders (the “Annual Meeting”) on March 21,
2017. At the Annual Meeting, the Company’s stockholders voted on
four matters. The Company’s stockholders (i) approved the
election of Donald F. Neville, Thomas B. Pickens III, Kent A.
Misemer, Brian E. Usher-Jones, Philip S. Sassower, and Andrea
Goren to the Company’s board of directors, (ii) ratified the
appointment of PMB Helin Donovan, LLP as the Company’s
independent registered public accounting firm for the fiscal year
ending March 31, 2017, (iii) ratified a stockholder rights plan
designed to protect the tax benefits of our net operating loss
carryforwards and certain other tax assets, and (iv) approved a
non-binding advisory proposal regarding the Company’s executive
compensation.

As of the close of business on January 20, 2017, the record date
for the Annual Meeting, there were 10,991,172 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 8,584,132 (78.10%) 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
Philip S. Sassower		4,564,449		1,229,410
Andrea Goren		4,786,268		1,007,591
Thomas B. Pickens III		5,300,149		493,710
Donald F. Neville		5,300,218		493,641
Kent A. Misemer		5,300,224		492,635
Brian E. Usher-Jones		5,105,225		688,634

Proposal 2: The voting tabulation for the ratification of
PMB Helin Donovan as the Company’s independent registered public
accounting firm for the fiscal year ending March 31, 2017 was as
follows:

Votes For			Votes Against			Abstentions			Broker Non-Votes
	8,532,979				11,766				39,387

Proposal 3: The voting tabulation for the ratification of
the Company’s stockholder’s rights plan, including a rights
agreement dated July 1, 2016 was as follows:

Votes For			Votes Against			Abstentions			Broker Non-Votes
	4,767,052				1,019,341				7,466				2,790,273

Proposal 4: The voting tabulation for the approval of a
non-binding advisory proposal regarding the Company’s executive
compensation was as follows:

Votes For			Votes Against			Abstentions			Broker Non-Votes
	4,756,324				1,032,612				4,923				2,790,273

Reference is made to the Company’s Schedule 14A, dated February
9, 2017, containing the definitive Proxy Statement, which the
Company distributed to its stockholders of record beginning on
February 9, 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.