Proxy Vote Update: Ocean Power Technologies (12/12/21)

Below are the resources for and the results of our recent Proxy Vote on behalf of our clients:

Proxy Materials:

rF Voting Results:

Vote for the election of of the following nominees:
1. Terence J. Cryan – FOR
2. Philipp Stratmann – Against – Non founder CEO also on the board
3. Clyde W. Hewlett – FOR
4. Diana G. Purcel – FOR
5. Peter E. Slaiby – FOR
6. Natalie Lorenz-Anderson – FOR
To approve an amendment to the 2015 Omnibus Incentive Plan (the “2015 Plan”) to increase the number of shares of our common stock available for grant under the 2015 Plan from 1,332,036 to 3,132,036 in order to ensure that adequate shares will be available under the 2015 Plan for future grants. – FOR
To consider and take action on the ratification of the selection of EisnerAmper LLP as our independent registered public accounting firm for fiscal year 2022. – FOR
To vote on an advisory resolution to approve our executive officer compensation. – FOR

Disclosures

This article was written for information purposes only and its content should not be construed by any consumer and/or prospective client as rebel Financial’s solicitation to affect, or attempt to affect transactions in securities, or the rendering of personalized investment advice for compensation. No client or prospective client should assume that any such discussion serves as the receipt of, or a substitute for, personalized advice from rebel Financial, or from any other investment professional. See our disclosures page for more information.

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Phil Ratcliff

Phil Ratcliff, President of rebel Financial, is a senior financial advisor that holds an AIF®, CFP®, ChFC®, and CLU® certifications. He started his career at American Express Financial Advisors in 2003, then moved to AXA Advisors for 7 years before founding rebel Financial LLC in 2013.