Beam Global Files Definitive Proxy Statement
Ticker: BEEM · Form: DEF 14A · Filed: Aug 9, 2024 · CIK: 1398805
| Field | Detail |
|---|---|
| Company | Beam Global (BEEM) |
| Form Type | DEF 14A |
| Filed Date | Aug 9, 2024 |
| Risk Level | low |
| Pages | 16 |
| Reading Time | 19 min |
| Key Dollar Amounts | $500 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: proxy-statement, governance, shareholder-meeting
TL;DR
Beam Global's proxy statement is out, shareholders vote soon on exec pay & board.
AI Summary
Beam Global filed its definitive proxy statement on August 9, 2024, for its annual meeting of stockholders. The filing covers the period ending September 23, 2024, and includes information about the company's governance, executive compensation, and proposals to be voted on by shareholders. The company, formerly known as Envision Solar International, Inc., is based in San Diego, California.
Why It Matters
This filing provides shareholders with crucial information needed to make informed voting decisions on company matters, including director elections and executive compensation, impacting corporate governance.
Risk Assessment
Risk Level: low — This is a routine regulatory filing (DEF 14A) providing information to shareholders, not an event that inherently increases risk.
Key Players & Entities
- Beam Global (company) — Registrant
- Envision Solar International, Inc. (company) — Former company name
- 20240809 (date) — Filing date
- 20240923 (date) — Period of report
- San Diego, California (location) — Company headquarters
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or Definitive Proxy Statement, is used by companies to solicit proxies from shareholders for an upcoming shareholder meeting, providing details on matters to be voted upon.
When was this specific DEF 14A filing made by Beam Global?
Beam Global filed this definitive proxy statement on August 9, 2024.
What is the reporting period for this filing?
The conformed period of report for this filing is September 23, 2024.
Has Beam Global operated under any previous names?
Yes, Beam Global was formerly known as Envision Solar International, Inc. and Casita Enterprises, Inc.
Where is Beam Global headquartered?
Beam Global is headquartered in San Diego, California.
Filing Stats: 4,745 words · 19 min read · ~16 pages · Grade level 13.2 · Accepted 2024-08-09 16:01:24
Key Financial Figures
- $500 million — due diligence and raised commitments of $500 million in debt and equity. Lisa Potok has ser
Filing Documents
- beam_def14a.htm (DEF 14A) — 356KB
- image_001.jpg (GRAPHIC) — 24KB
- image_002.jpg (GRAPHIC) — 51KB
- image_003.jpg (GRAPHIC) — 65KB
- image_004.jpg (GRAPHIC) — 26KB
- image_005.jpg (GRAPHIC) — 20KB
- image_006.jpg (GRAPHIC) — 29KB
- 0001683168-24-005421.txt ( ) — 652KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 15
EXECUTIVE COMPENSATION
EXECUTIVE COMPENSATION 17 Compensation Discussion and Analysis 17 Processes and Procedures for Compensation Decisions 17 Compensation Program Objectives and Rewards 17 Benchmarking 18 The Elements of Our Compensation Program 18 2023 Summary Compensation Table 19 Executive Employment Arrangements 20 Outstanding Equity Awards at Fiscal Year-End 21 PAY VERSUS PERFORMANCE 22 EQUITY BENEFIT AND STOCK PLANS 26 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 27 Policies and Procedures for Related Party Transactions 27 COMMUNICATIONS WITH OUR BOARD OF DIRECTORS 28 AUDIT COMMITTEE REPORT 29 PROPOSAL ONE: ELECTION OF DIRECTORS 30 PROPOSAL TWO: ADVISORY VOTE ON EXECUTIVE COMPENSATION 31 PROPOSAL THREE: RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTANTS 32 ANNUAL REPORTS 34 OTHER MATTERS 34 BEAM GLOBAL PROXY STATEMENT FOR 2024 ANNUAL MEETING OF STOCKHOLDERS To Be Held at 9:00 a.m. Pacific Time on Monday, September 23, 2024 This proxy statement and the enclosed form of proxy are furnished in connection with the solicitation of proxies by our Board of Directors (the “Board” or “Board of Directors”) for use at the 2024 annual meeting of stockholders of Beam Global, a Nevada corporation, and any postponements, adjournments or continuations thereof (the “Annual Meeting”). The Annual Meeting will be held on Monday, September 23, 2024 at 9:00 a.m. Pacific Time at 5660 Eastgate Drive, San Diego, California 92121. References in this Proxy Statement to “we,” “us,” “our,” the “Company” or “Beam” refer to Beam Global. The Notice of Internet Availability of Proxy Materials (the “Notice”) containing instructions on how to access this Proxy Statement and our Annual Report is first being mailed on or about August 9, 2024 to all stockholders entitled to vote at the Annual Meet