Item 5.07. Submission of Matters to a Vote of Security Holders.
On Wednesday, November 20, 2024, Global Clean Energy Holdings, Inc. ("we," "us," "our" and the "Company") held its 2024 Annual Meeting of Stockholders (the "Annual Meeting"). A total of 28,976,148 shares of the Company's common stock were represented in person or by proxy at the Annual Meeting, representing approximately 58% of the 50,182,233 shares that were outstanding and entitled to vote as of the record date. At the Annual Meeting, the Company's stockholders voted on the following proposals, and the finalvoting results for each proposal are set forth below.
Proposal 1: The five director nominees were elected to serve on the Board of Directors of the Company until the 2025 Annual Meeting, as follows:
|
Director Nominee
|
For
|
Withhold
|
Broker Non-Votes
|
Susan Anhalt
|
24,111,788
|
229,121
|
4,635,239
|
Phyllis E. Currie
|
24,001,580
|
339,329
|
4,635,239
|
Richard Palmer
|
23,152,803
|
1,188,106
|
4,635,239
|
Noah Verleun
|
23,657,907
|
683,002
|
4,635,239
|
David R. Walker
|
23,998,548
|
342,361
|
4,635,239
|
Proposal 2: The proposal to amend the Company's Certificate of Incorporation to eliminate personal liability of officers for monetary damages for breach of fiduciary duty as an officer did not receive the required stockholder vote, and was not approved. The stockholders voted as follows:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
17,743,961
|
6,579,017
|
17,931
|
4,635,239
|
Proposal 3: By the following vote, stockholders approved amendments to outstanding non-plan option grants:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
22,543,451
|
1,777,870
|
19,588
|
4,635,239
|
Proposal 4: By the following vote, stockholders approved, on a non-binding advisory basis, the compensation of our named executive officers:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
22,699,530
|
1,611,166
|
30,213
|
4,635,239
|
Proposal 5: The appointment of Grant Thornton LLP as our independent registered public accounting firm for the Company's fiscal year ending December 31, 2024, was ratified by stockholders as follows:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
28,898,389
|
51,654
|
26,105
|
0
|