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| | | | A-1 | | | |
| | | | B-1 | | |
Name
|
| |
Year First
Became Director |
| |
Position with Energous
|
|
Rahul Patel | | |
2019
|
| | Director | |
J. Michael Dodson | | |
2022
|
| | Director | |
David Roberson | | |
2022
|
| | Director; Chairman of the Board | |
| |
OUR BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE ELECTION OF EACH OF
THE DIRECTOR NOMINEES |
| |
Board Diversity Matrix (As of April 26, 2024)
|
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Total Number of Directors
|
| |
4
|
| ||||||||||||
| | |
Female
|
| |
Male
|
| |
Did Not
Disclose Gender |
| ||||||
Part I: Gender Identity
|
| |||||||||||||||
Directors
|
| | | | | | | 2 | | | | | | 2 | | |
Part II: Demographic Background
|
| |||||||||||||||
Asian
|
| | | | | | | 1 | | | | | | | | |
White
|
| | | | | | | 1 | | | | | | | | |
Did Not Disclose Demographic Background
|
| | | | | | | | | | | | | 2 | | |
Name
|
| |
Audit
|
| |
Compensation
|
| |
Corporate
Governance and Nominating |
|
Rahul Patel
|
| |
X
|
| |
Chair
|
| |
X
|
|
J. Michael Dodson
|
| |
Chair
|
| |
X
|
| |
X
|
|
David Roberson
|
| |
X
|
| |
X
|
| |
Chair
|
|
|
Chair of the Board
|
| | | $ | 25,000 | | |
|
Lead Independent Director (if applicable)
|
| | | $ | 25,000 | | |
|
Audit Committee Chair
|
| | | $ | 20,000 | | |
|
Audit Committee Member
|
| | | $ | 10,000 | | |
|
Compensation Committee Chair
|
| | | $ | 15,000 | | |
|
Compensation Committee Member
|
| | | $ | 5,000 | | |
|
Corporate Governance and Nominating Committee Chair
|
| | | $ | 10,000 | | |
|
Corporate Governance and Nominating Committee Member
|
| | | $ | 5,000 | | |
Name
|
| |
Fees Earned
or Paid in Cash |
| |
Stock
Awards(1) |
| |
Total
|
| |||||||||
Reynette Au(2)
|
| | | $ | 70,000 | | | | | $ | 37,350 | | | | | $ | 107,350 | | |
Rahul Patel
|
| | | $ | 60,000 | | | | | $ | 20,750 | | | | | $ | 80,750 | | |
Sheryl Wilkerson(3)
|
| | | $ | 25,000 | | | | | $ | 20,750 | | | | | $ | 45,750 | | |
J. Michael Dodson
|
| | | $ | 57,364 | | | | | $ | 8,084 | | | | | $ | 65,448 | | |
David Roberson
|
| | | $ | 52,364 | | | | | $ | 8,084 | | | | | $ | 60,448 | | |
Name
|
| |
Shares Subject to
Outstanding Stock Awards(1) |
| |
Shares Subject to
Outstanding Stock Option Awards |
| ||||||
Reynette Au(2)
|
| | | | 2,250 | | | | | | — | | |
Rahul Patel
|
| | | | 1,250 | | | | | | — | | |
Sheryl Wilkerson(3)
|
| | | | — | | | | | | — | | |
J. Michael Dodson
|
| | | | 2,154 | | | | | | — | | |
David Roberson
|
| | | | 2,154 | | | | | | — | | |
Fee Category
|
| |
2023
|
| |
2022
|
| ||||||
Audit Fees(1)
|
| | | $ | 283,168 | | | | | $ | 259,309 | | |
Audit-Related Fees
|
| | | | — | | | | | | — | | |
Tax Fees
|
| | | | — | | | | | | — | | |
All Other Fees
|
| | | | — | | | | | | — | | |
Total
|
| | | $ | 283,168 | | | | | $ | 259,309 | | |
| |
OUR BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THE RATIFICATION OF THE
APPOINTMENT OF BPM LLP AS OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM FOR THE YEAR ENDING DECEMBER 31, 2024. |
| |
| |
OUR BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” APPROVAL OF THE
ENERGOUS CORPORATION 2024 EQUITY INCENTIVE PLAN. |
| |
Name and Position
|
| |
Number of
Shares Purchased |
| |||
Named executive officers and current executive officers as a group
|
| | | | — | | |
Non-executive employees as a group
|
| | | | 20,366 | | |
| |
OUR BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” APPROVAL OF THE
AMENDMENT AND RESTATEMENT OF THE ENERGOUS CORPORATION EMPLOYEE STOCK PURCHASE PLAN |
| |
Plan Category
|
| |
Number of securities to be
issued upon exercise of outstanding options, warrants and rights |
| |
Weighted average exercise
price of outstanding options, warrants and rights |
| |
Number of securities
remaining available for future issuance under equity compensation plan (excluding securities outstanding) |
| |||||||||
Equity compensation plans
approved by security holders |
| | | | 38,025(1) | | | | | $ | 25.40(2) | | | | | | 256,911(3) | | |
Equity compensation plans not
approved by security holders |
| | | | 48,709(4) | | | | | $ | —(2) | | | | | | 51,084(5) | | |
Total
|
| | | | 86,734 | | | | | $ | 25.40(2) | | | | | | 307,995 | | |
Name and Address of Beneficial Owner
|
| |
Number of
Shares Beneficially Owned |
| |
Percentage
of Class |
| ||||||
Current Directors and Executive Officers
|
| | | | | | | | | | | | |
Rahul Patel
|
| | | | 3,659 | | | | | | * | | |
J. Michael Dodson
|
| | | | 4,236 | | | | | | * | | |
David Roberson
|
| | | | 4,236 | | | | | | * | | |
Cesar Johnston(1)
|
| | | | 94,668(4) | | | | | | 1.6% | | |
Mallorie Burak
|
| | | | — | | | | | | * | | |
Former Executive Officers | | | | | | | | | | | | | |
William Mannina(2)
|
| | | | 9,093 | | | | | | * | | |
Susan Kim-van Dongen(3)
|
| | | | — | | | | | | * | | |
All current directors and all executive officers as a group (5 persons)
|
| | | | 106,799 | | | | | | 1.8% | | |
Five Percent Stockholders | | | | | | | | | | | | | |
None
|
| | | | — | | | | | | — | | |
Name
|
| |
Age
|
| |
Position
|
|
Mallorie Burak | | |
53
|
| |
Chief Financial Officer and Interim Principal Executive Officer
|
|
Name and Principal Position
|
| |
Year
|
| |
Salary
|
| |
Bonus(1)
|
| |
Stock
Awards ($)(2) |
| |
Stock
Option Awards ($)(3) |
| |
All Other
Compensation(4) |
| |
TOTAL
|
| |||||||||||||||||||||
Cesar Johnston
Former Chief Executive Officer(4)
|
| | | | 2023 | | | | | $ | 400,000 | | | | | $ | 186,750 | | | | | $ | 15,500 | | | | | | — | | | | | $ | — | | | | | $ | 602,500 | | |
| | | 2022 | | | | | $ | 400,000 | | | | | $ | 480,000 | | | | | $ | 381,240 | | | | | $ | 308,460 | | | | | | — | | | | | $ | 1,569,700 | | | ||
William Mannina
Former Acting Chief Financial Officer(5)
|
| | | | 2023 | | | | | $ | 192,805 | | | | | $ | 69,580 | | | | | $ | — | | | | | | — | | | | | $ | 259,257 | | | | | $ | 521,642 | | |
| | | 2022 | | | | | $ | 253,267 | | | | | $ | 202,901 | | | | | $ | 92,700 | | | | | $ | — | | | | | | — | | | | | $ | 548,868 | | | ||
Susan Kim-van Dongen
Former Acting Chief Financial Officer(6)
|
| | | | 2023 | | | | | $ | 291,200 | | | | | $ | — | | | | | $ | — | | | | | | — | | | | | $ | — | | | | | $ | 291,200 | | |
| | | 2022 | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | $ | — | | | | | | — | | | | | $ | — | | |
| | |
Options Awards
|
| |
Stock Awards
|
| ||||||||||||||||||||||||||||||
Name
|
| |
Number of
Securities Underlying Unexercised Options (#) Exercisable |
| |
Number of
Securities Underlying Unexercised Options (#) Unexercisable |
| |
Option
Exercise Price ($) |
| |
Option
Expiration Date |
| |
Number of
Shares or Units of Stock that Have Not Vested (#) |
| |
Market
Value of Shares or Units of Stock that Have Not Vested ($)(1) |
| ||||||||||||||||||
Cesar Johnston
|
| | | | 7,500 | | | | | | 7,500(2) | | | | | $ | 25.40 | | | | | | 12/5/2031 | | | | | | 1,142(3) | | | | | $ | 2,090 | | |
| | | | | | | | | | | | | | | | | | | | | | | | | | | | | 1,875(4) | | | | | | 3,431 | | |
William Mannina
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Susan Kim-van Dongen
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
Year(1)
|
| |
Summary
Compensation Table Total for Cesar Johnston ($) |
| |
Summary
Compensation Table Total for Stephen R. Rizzone ($) |
| |
Compensation
Actually Paid for Cesar Johnston ($)(2) |
| |
Compensation
Actually Paid for Stephen R. Rizzone ($)(2) |
| |
Average
Summary Compensation Table Total for Non-PEO NEOs ($) |
| |
Average
Compensation Actually Paid to Non-PEO NEOs ($)(2) |
| |
Value of
Initial Fixed $100 Investment Based on Total Shareholder Return ($) |
| |
Net Loss
($) |
| ||||||||||||||||||||||||
2023
|
| | | | 565,500 | | | | | | — | | | | | | 583,450 | | | | | | — | | | | | | 812,842 | | | | | | 826,227 | | | | | | 5.08 | | | | | | (19,366,763) | | |
2022
|
| | | | 1,569,700 | | | | | | — | | | | | | 1,267,331 | | | | | | — | | | | | | 986,059 | | | | | | 873,418 | | | | | | 46.44 | | | | | | (26,275,260) | | |
2021
|
| | | | 1,154,639 | | | | | | 4,059,578 | | | | | | 807,465 | | | | | | 4,205,821 | | | | | | 2,085,394 | | | | | | 1,336,448 | | | | | | 69.44 | | | | | | (41,427,293) | | |
Year
|
| |
PEOs
|
| |
Non-PEO NEOs
|
|
2023 | | |
Cesar Johnston
|
| |
William Mannina, Susan Kim-van Dongen
|
|
2022 | | |
Cesar Johnston
|
| |
William Mannina, Neeraj Sahejpal
|
|
2021 | | |
Cesar Johnston, Stephen R. Rizzone
|
| |
William Mannina, Neeraj Sahejpal, Brian Sereda
|
|
Year
|
| |
Summary
compensation table total for Cesar Johnston ($) |
| |
Reported
value of equity awards for Cesar Johnston(1) ($) |
| |
Fair value
as of year- end for awards granted during the year ($) |
| |
Fair value
year-over- year increase or decrease in unvested awards granted in prior years ($) |
| |
Fair value
of awards granted and vested during the year ($) |
| |
Fair value
increase or decrease from prior year end for awards that vested during the year ($) |
| |
Fair value of
awards granted in prior years that are determined to fail to meet the applicable vesting conditions (forfeited awards) ($) |
| |
Compensation
actually paid to Cesar Johnston ($) |
| ||||||||||||||||||||||||
2023
|
| | | | 565,500 | | | | | | (15,500) | | | | | | — | | | | | | 10,113 | | | | | | 2,059 | | | | | | 21,278 | | | | | | — | | | | | | 583,450 | | |
2022
|
| | | | 1,569,700 | | | | | | (689,700) | | | | | | 278,600 | | | | | | (47,243) | | | | | | 162,341 | | | | | | 2,633 | | | | | | — | | | | | | 1,276,331 | | |
2021
|
| | | | 1,154,639 | | | | | | (805,746) | | | | | | 135,497 | | | | | | (11,178) | | | | | | 246,311 | | | | | | 87,942 | | | | | | — | | | | | | 807,465 | | |
Year
|
| |
Summary
compensation table total for Stephen R. Rizzone ($) |
| |
Reported
value of equity awards for Stephen R. Rizzone(1) ($) |
| |
Fair value as
of year-end for awards granted during the year ($) |
| |
Fair value
year-over- year increase or decrease in unvested awards granted in prior years ($) |
| |
Fair value of
awards granted and vested during the year ($) |
| |
Fair value
increase or decrease from prior year end for awards that vested during the year ($) |
| |
Compensation
actually paid to Stephen R. Rizzone ($) |
| |||||||||||||||||||||
2023
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
2022
|
| | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | |
2021
|
| | | | 4,059,578 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 146,243 | | | | | | 4,205,821 | | |
Year
|
| |
Average
summary compensation table total for Non-PEO NEOs ($) |
| |
Reported
value of equity awards for NEOs(1) ($) |
| |
Fair value
as of year- end for awards granted during the year ($) |
| |
Fair value
year-over- year increase or decrease in unvested awards granted in prior years ($) |
| |
Fair value
of awards granted and vested during the year ($) |
| |
Fair value
increase or decrease from prior year end for awards that vested during the year ($) |
| |
Fair value of
awards granted in prior years that are determined to fail to meet the applicable vesting conditions (forfeited awards) ($) |
| |
Average
compensation actually paid to NEOs ($) |
| ||||||||||||||||||||||||
2023
|
| | | | 812,842 | | | | | | — | | | | | | — | | | | | | — | | | | | | — | | | | | | 16,102 | | | | | | (2,717) | | | | | | 826,227 | | |
2022
|
| | | | 986,059 | | | | | | (69,525) | | | | | | 56,430 | | | | | | (20,959) | | | | | | — | | | | | | (78,587) | | | | | | — | | | | | | 873,418 | | |
2021
|
| | | | 2,085,394 | | | | | | (1,464,494) | | | | | | 198,364 | | | | | | (12,933) | | | | | | 415,205 | | | | | | 114,912 | | | | | | — | | | | | | 1,336,448 | | |
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