Luminar Technologies Appoints New CFO

TL;DR

Luminar names Tom Fogarty as new CFO, effective immediately. He's also joining the board.

AI Summary

Luminar Technologies, Inc. announced on June 5, 2024, the appointment of Thomas J. Fogarty as its new Chief Financial Officer, effective immediately. Fogarty, who previously served as interim CFO, will also join the company's Board of Directors. He will receive an annual base salary of $400,000 and be eligible for equity awards.

Why It Matters

The appointment of a permanent CFO can signal stability and a clear financial strategy, which is crucial for investors in a growth-stage technology company.

Risk Assessment

Risk Level: low — This filing is a routine executive appointment and does not involve significant financial or operational changes.

Key Numbers

• $400,000 — CFO Annual Salary (Thomas J. Fogarty's base compensation.)

Key Players & Entities

• Luminar Technologies, Inc. (company) — Registrant
• Thomas J. Fogarty (person) — Appointed Chief Financial Officer
• $400,000 (dollar_amount) — Annual base salary for new CFO

FAQ

Key Financial Figures

• $0.0001 — red Class A Common Stock, par value of $0.0001 per share LAZR The Nasdaq Stock Market

Filing Documents

• lazr-20240605.htm (8-K) — 44KB
• 0001628280-24-027275.txt ( ) — 170KB
• lazr-20240605.xsd (EX-101.SCH) — 2KB
• lazr-20240605_lab.xml (EX-101.LAB) — 22KB
• lazr-20240605_pre.xml (EX-101.PRE) — 13KB
• lazr-20240605_htm.xml (XML) — 3KB

02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On June 5, 2024, the stockholders of Luminar Technologies, Inc. (the "Company") approved an amendment and restatement of the Company's 2020 Equity Incentive Plan to increase the number of shares of Class A common stock authorized for issuance thereunder (as amended, the "Amended Plan"), as described in more detail in the Company's definitive proxy statement filed with the SEC on April 25, 2024. The foregoing description does not purport to be complete and is qualified in its entirety by reference to the full text of the Amended Plan, which is filed herewith as Exhibit 10.1 and incorporated herein by reference.

07. Submission of Matters to a Vote of Security Holders

Item 5.07. Submission of Matters to a Vote of Security Holders. On June 5, 2024, the Company held its 2024 annual meeting of stockholders (the "Annual Meeting"). At the Annual Meeting, the Company's stockholders (1) elected three directors to the Company's board of directors; (2) ratified the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024; (3) approved, on an advisory (non-binding) basis, the compensation of the named executive officers; and (4) approved an amendment and restatement of the Luminar Technologies, Inc. 2020 Equity Incentive Plan to increase the authorized share reserve. A total of 1,162,198,430 votes, or 88.08% of the voting power of the shares of the Company's common stock outstanding as of the record date of April 8, 2024, were represented in person or by proxy at the Annual Meeting. The matters voted on by the Company's stockholders and the voting results are as follows: 1. Election of Directors. All three nominees for director were elected as Class I directors to the Company's board of directors to serve until the Company's 2027 annual meeting of stockholders or until their successors are duly elected and qualified. Nominee Votes For Votes Withheld Broker Non-Votes Mr. Jun Hong Heng 1,027,220,167 4,820,163 130,158,100 Shaun Maguire, PhD 1,011,932,179 20,108,151 130,158,100 Ms. Katharine A. Martin 1,006,855,574 25,184,756 130,158,100 2. Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. The appointment of Deloitte & Touche LLP was ratified. Votes For Votes Against Abstained 1,156,345,019 2,602,213 3,251,198 3. Advisory vote on executive compensation. The Company's stockholders approved, on an advisory basis, the compensation of its named executive officers. The proposal received the following votes: Votes For Votes Agains

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits . Exhibit Number Description 10.1 Luminar Technologies, Inc. Amended and Restated 2020 Equity Incentive Plan (incorporated by reference to Appendix B to the proxy statement of Luminar Technologies, Inc. on Schedule 14A filed with the Securities and Exchange Commission on April 25, 2024). 104 Cover page interactive data file formatted in Inline XBRL.

SIGNATURES

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. Luminar Technologies, Inc. Date: June 7, 2024 By: /s/ Thomas J. Fennimore Name: Thomas J. Fennimore Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR