Current Report Filing (8-k)
13 July 2021 - 6:17AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): July 7, 2021
MICROVISION, INC.
(Exact Name of Registrant as Specified in Charter)
|
|
|
|
|
Delaware
|
|
001-34170
|
|
91-1600822
|
(State or Other Jurisdiction
of Incorporation)
|
|
(Commission
File Number)
|
|
(IRS Employer
Identification No.)
|
6244 185th Avenue NE, Suite 100
Redmond, Washington 98052
(Address of Principal Executive Office) (Zip Code)
Registrants telephone number, including area code: (425) 936-6847
N/A
(Former name or
former address, if changed since last report)
Check the appropriate box below
if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐
|
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|
☐
|
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
☐
|
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
|
|
|
|
|
|
Title of each class
|
|
Trading
Symbol(s)
|
|
Name of each exchange
on which registered
|
Common Stock, $0.001 par value per share
|
|
MVIS
|
|
The Nasdaq Stock Market LLC
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of
1933 (§230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2).
Emerging growth company ☐
If an
emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange
Act. ☐
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of
Principal Officers.
On July 7, 2021, the Compensation Committee of the Board of Directors of MicroVision, Inc. (the Company) approved
certain compensation arrangements for its Chief Financial Officer, Stephen P. Holt. Specifically, the Compensation Committee approved an annual base salary of $280,000, effective January 1, 2021, payable in accordance with the Companys
standard payroll practices, a one-time cash bonus of $200,000, payable immediately, and a long-term equity award comprised of 90,000 restricted stock units, or RSUs, scheduled to vest in three equal
installments of each of the first, second, and third anniversaries of grant. The RSU award is to be granted pursuant to the 2020 MicroVision, Inc. Incentive Plan and subject to the terms and conditions of that plan and the award agreement
thereunder.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
|
|
|
MICROVISION, INC.
|
|
|
By:
|
|
/s/ Drew G. Markham
|
|
Drew G. Markham
|
VP, General Counsel, Corporate Secretary
|
Date: July 12, 2021
Microvision (NASDAQ:MVIS)
Historical Stock Chart
From Apr 2024 to May 2024
Microvision (NASDAQ:MVIS)
Historical Stock Chart
From May 2023 to May 2024