Company: VUZI
Filing Date: 2025-04-28
Form Type: DEF 14A
Source: 0001104659-25-040266
Chunk: 26

Company: Vuzix Corp
Filing Date: 2025-04-28
Form: DEF 14A
Chunk 26
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 OTHER INFORMATION CONCERNING NAMED EXECUTIVE OFFICERS AND DIRECTORS Named Executive Officers This proxy statement contains information about the compensation paid to our Named Executive Officers (“NEOs”) during 2024. For 2024, we determined that the following officers were our named executive officers for purposes of this proxy statement:

| ● | Paul Travers - Chief Executive Officer and President                 |
| ● | Grant Russell - Chief Financial Officer and Executive Vice President |
| ● | Peter Jameson - Chief Operating Officer                              |

Biographical information regarding Mr. Travers and Mr. Russell is provided under Proposal No. 1 above. Peter Jameson was named Chief Operating Officer (COO) of Vuzix in January 2022, having served as General Manager since joining the Company in January 2021. Mr. Jameson resigned as our chief operating officer in March 2025 for health reasons. Clawback Policy In 2022, we adopted a more comprehensive Clawback policy, which builds upon the policy that we had established in 2018. In 2023, we updated the policy to comply with the Dodd-Frank Wall Street Reform and Consumer Protection Act and the related listing standards of the NASDAQ stock exchange. The updated Clawback policy meets the current SEC and NASDAQ mandatory requirements and provides additional discretionary protections against fraud and misconduct that can result in financial or significant reputational harm to the Company regardless of whether it is in conjunction with a restatement. This enhanced section of the policy applies to all current and former Section 16 Officers and includes potential recovery of any incentive compensation paid or awarded to or earned by such Officers (including annual incentive cash, stock options, restricted stock units, and any other equity awards). Hedging and Pledging Policy In 2022, we expanded elements of our Hedging/Pledging policy to ensure all components meet industry best practices. Under the terms of our revised insider trading policy, Reporting Insiders (defined below) of the Company may not engage in hedging transactions involving Vuzix securities, such as forward sale or purchase contracts, equity swaps, collars or exchange funds. Such activities may put the personal gain of an insider in conflict with the interests of the Company and its stockholders. Insiders include Company directors, officers, employees, consultants, distributors, salespersons, agents or other people who receive or have access to Material Nonpublic Information regarding the Company and members of their immediate families or households (“Reporting Insiders”). Similarly, no Reporting Insider may hold Company securities in