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Ecoark (ZEST)

Employees
Data from SEC filings
Employee count
ESG framework mentions
In last year of SEC filings
Sustainability Accounting Standards Board (SASB)
No mentions
Global Reporting Initiative (GRI)
No mentions
Task Force on Climate-related Financial Disclosures (TCFD)
No mentions
UN Sustainable Development Goals (SDGs)
No mentions
Shareholder alignment
Proxy contests and exempt solicitations in last 3 years

No recent proxy contest or exempt solicitation filings from shareholders.

Vote support at last AGM

On October 6, 2021, the Special Meeting was held. The following proposals were submitted to a vote by the Company’s stockholders at the Special Meeting: (i) approve an amendment to the Articles of Incorporation to increase the number of shares of common stock the Company is authorized to issue from 30,000,000 shares to 40,000,000 shares (Proposal 1); (ii) approve an amendment to the 2017 Plan to increase the number of shares of common stock authorized for issuance under the 2017 Plan from 800,000 shares to 1,300,000 shares (Proposal 2); (iii) ratify and approve the issuance of 272,254 restricted stock units and approve the issuance of an additional 63,996 restricted stock units to the President and director of the Company under the 2017 Plan, in exchange for the cancellation of 672,499 previously issued stock options (Proposal 3); and (iv) approval of an adjournment of the Special Meeting to a later date or time, if necessary, to permit further solicitation and vote of proxies if, based upon the tabulated vote at the time of the Special Meeting, there are not sufficient votes to approve any of the other proposals before the Special Meeting (Proposal 4). All of these proposals were described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on August 26, 2021. The Company had 26,349,099 shares of common stock issued and outstanding and entitled to be voted at the Special Meeting. Of the 26,349,099 shares of common stock issued and outstanding and entitled to be voted at the Special Meeting, 20,570,534 shares (or 78%), constituting a quorum, were represented in person or by proxy at the Special Meeting.

Set forth below are the voting results on Proposal 1, Proposal 2, and Proposal 3 submitted to the stockholders for approval at the Special Meeting.

Proposal 1. The Company’s stockholders voted to approve an amendment to the Articles of Incorporation to increase the number of shares of common stock the Company is authorized to issue from 30,000,000 shares to 40,000,000 shares.

Votes ForVotes AgainstAbstentions
19,053,3471,199,532317,655

Proposal 2. The Company’s stockholders voted to approve an amendment to the 2017 Plan to increase the number of shares of common stock authorized for issuance under the 2017 Plan from 800,000 shares to 1,300,000 shares.

Votes ForVotes AgainstAbstentionsBroker Non-Vote
8,966,9751,079,054320,34410,204,161

Proposal 3. The Company’s stockholders voted to ratify and approve the issuance of 272,254 restricted stock units and approve the issuance of an additional 63,996 restricted stock units to the President and director of the Company under the 2017 Plan, in exchange for the cancellation of 672,499 previously issued stock options.

Votes ForVotes AgainstAbstentionsBroker Non-Vote
8,989,852897,327479,19410,204,161

Proposal 4. The proposal to approve an adjournment of the Special Meeting, if necessary, to permit further solicitation and vote of proxies if there are not sufficient votes in favor of any of the three proposals above was withdrawn because the Company’s stockholders approved and adopted the three proposals as noted above.