Proposals | | | Vote Required | | | Broker Discretionary Vote | | | Effect of Abstentions on the Proposal | |
(1) To approve an amendment to the Certificate of Incorporation to effect a reverse stock split of our issued and outstanding shares of Common Stock at a ratio and effective upon a date to be determined by | | | Majority of the outstanding voting shares | | | Yes | | | Vote | |
(2) | ||||||||||
To authorize an adjournment of the Special Meeting, if necessary, if a quorum is present, to solicit additional proxies if there are not sufficient votes in favor of the Reverse Stock Split | | | Majority of the vote cast | | | Yes | | | No effect | |
Name of Beneficial Owner | | | Number of Common Share Equivalents Beneficially Owned(1) | | | Percentage of Common Share Equivalents Beneficially Owned | | ||||||
Named Executive Officers and Directors: | | | | ||||||||||
Jeffrey Holman(2) | | | | | 232,221 | | | | | | 2.23% | | |
Kevin Frija(3) | | | | | 10,875 | | | | | | * | | |
Harlan Press(4) | | | | | 27,399 | | | | | | * | | |
Christopher Santi(5) | | | | | 23,000 | | | | | | * | | |
Gregory Brauser(6) | | | | | 207,719 | | | | | | 2.00% | | |
James Martin(7) | | | | | 41,543 | | | | | | * | | |
Gina Hicks(8) | | | | | 0 | | | | | | 0% | | |
William Conway III(9) | | | | | 0 | | | | | | 0% | | |
Daniel MacLachlan(10) | | | | | 0 | | | | | | 0% | | |
Nikhil Raman(11) | | | | | 0 | | | | | | 0% | | |
All Executive Officers and Directors as a Group (10 Persons)(12) | | | | | 542,757 | | | | | | 5.22% | | |
Other Five Percent Stockholder: | | | | ||||||||||
Sabby Healthcare Master Fund, Ltd | | | | | 893,114 | | | | | | 8.61% | | |
Name of Beneficial Owner | | | Number of Common Share Equivalents Beneficially Owned(1) | | | Percentage of Common Share Equivalents Beneficially Owned(1) | | ||||||
Name of Executive Officers and Directors: | | | | ||||||||||
Jeffrey Holman(2) | | | | | 232,221 | | | | | | * | | |
Christopher Santi(3) | | | | | 23,000 | | | | | | * | | |
Gregory Brauser(4) | | | | | 207,719 | | | | | | * | | |
Gina Hicks(5) | | | | | 0 | | | | | | 0% | | |
William Conway III(6) | | | | | 0 | | | | | | 0% | | |
Daniel MacLachlan(7) | | | | | 0 | | | | | | 0% | | |
Nikhil Raman(8) | | | | | 0 | | | | | | 0% | | |
All Executive Officers and Directors as a Group (7 Persons) | | | | | 542,757 | | | | | | * | | |
Other Five Percent Stockholder: | | | | ||||||||||
None | | | | | — | | | | | | — | | |
| | Common Stock and Equivalents Outstanding Prior to Reverse Stock Split | | Common Stock and Equivalents Outstanding Assuming Certain Reverse Stock Split Ratios | | | Common Stock and Equivalents Outstanding Prior to Reverse Stock Split | | Common Stock and Equivalents Outstanding Assuming Certain Reverse Stock Split Ratios | | ||||||||||||||||||||||||||||||||||||||||||||||||||||
| | Shares | | Percent of Total | | 1-for-10 | | 1-for-40 | | 1-for-70 | | | Shares | | Percent of Total | | 1-for-10,000 | | 1-for-15,000 | | 1-for-20,000 | | ||||||||||||||||||||||||||||||||||||||||
Common Stock outstanding | | | | 10,373,935 | | | | | 3.12% | | | | | 1,037,394 | | | | | 259,348 | | | | | 148,199 | | | | | | 938,386,644 | | | | | 1.63% | | | | | 93,839 | | | | | 62,559 | | | | | 46,919 | | | ||||||||||
Common Stock subject to Vesting | | | | 25,733 | | | | | 0.01% | | | | | 2,573 | | | | | 643 | | | | | 367 | | | | | | 10,000 | | | | | 0.00% | | | | | 1 | | | | | 1 | | | | | 1 | | | ||||||||||
Common Stock underlying warrants(1) | | | | 312,425,792 | | | | | 94.03% | | | | | 31,242,580 | | | | | 7,810,645 | | | | | 4,463,226 | | | | | | 56,626,747,092 | | | | | 98.37% | | | | | 5,662,675 | | | | | 3,775,117 | | | | | 2,831,337 | | | ||||||||||
Common Stock underlying options | | | | 39,206 | | | | | 0.01% | | | | | 3,921 | | | | | 980 | | | | | 560 | | | | | | 38,246 | | | | | 0.00% | | | | | 4 | | | | | 3 | | | | | 2 | | | ||||||||||
Common Stock reserved for conversion of Series A Convertible Preferred Stock | | | | 9,404,143 | | | | | 2.83% | | | | | 940,414 | | | | | 235,104 | | | | | 134,345 | | | | | | 2,355,360 | | | | | 0.00% | | | | | 236 | | | | | 157 | | | | | 118 | | | ||||||||||
Total Common Stock and equivalents | | | | | | | | | 100% | | | | | | | | | | | | | | | | | | | | | | | | | | 100% | | | | ||||||||||||||||||||||||
Common Stock available for future issuance(2) | | | | 167,731,191 | | | | | | | | | | 4,516,773,118 | | | | | 4,504,193,280 | | | | | 4,502,396,160 | | | | | | (52,567,537,342) | | | | | | | | | | 4,994,243,245 | | | | | 4,996,162,164 | | | | | 4,997,121,623 | | |
| | | Common Stock and Equivalents Outstanding Prior to Reverse Stock Split | | | Common Stock and Equivalents Outstanding Assuming Certain Reverse Stock Split Ratios | | ||||||||||||||||||||||||
| | | Shares | | | Percent of Total | | | 1-for-10,000 | | | 1-for-15,000 | | | 1-for-20,000 | | |||||||||||||||
Common Stock outstanding | | | | | 13,405,524 | | | | | | 1.63% | | | | | | 1,341 | | | | | | 894 | | | | | | 670 | | |
Common Stock subject to Vesting | | | | | 143 | | | | | | 0.00% | | | | | | 0 | | | | | | 0 | | | | | | 0 | | |
Common Stock underlying warrants(1) | | | | | 808,953,686 | | | | | | 98.37% | | | | | | 80,895 | | | | | | 53,930 | | | | | | 40,448 | | |
Common Stock underlying options | | | | | 547 | | | | | | 0.00% | | | | | | 0 | | | | | | 0 | | | | | | 0 | | |
Common Stock reserved for conversion of Series A Convertible Preferred Stock | | | | | 33,643 | | | | | | 0.00% | | | | | | 3 | | | | | | 2 | | | | | | 2 | | |
Total Common Stock and equivalents | | | | | | | | | | | 100% | | | | | | |||||||||||||||
Common Stock available for future issuance(2) | | | | | 4,177,606,457 | | | | | | | | | | | | 4,999,917,761 | | | | | | 4,999,945,174 | | | | | | 4,999,958,880 | | |
| | | | By Order of the Board of Directors, | | |||
| | | | /s/ Jeffrey Holman | | |||
Chairman and Chief Executive Officer | |
| MAIL: | | | Please mark, sign, date, and return this Proxy Card promptly using the enclosed envelope. | |
| PHONE: | | | Call 1 (800) 690-6903 | |
| INTERNET: | | | https://www.proxyvote.com | |
| | | | FOR | | | AGAINST | | | ABSTAIN | | |||||||||
| (1) | To approve an amendment to the Company’s | | | | ☐ | | | ☐ | | | ☐ | | |||||||
| (2) | |||||||||||||||||||
To authorize an adjournment of the Special Meeting, if necessary, if a quorum is present, to solicit additional proxies if there are not sufficient votes in favor of the Reverse Stock Split | | | | ☐ | | | ☐ | | | ☐ | | |||||||||
| NOTE: In their discretion, the proxies are authorized to vote upon such other business as may properly come before the meeting or any adjournment thereof. | | | | | |||||||||||||||
| | | | | | | |
| | | | VAPOR CORP. | | |||
| | | | | | /s/ Jeffrey Holman | | |
| | | | | | | Jeffrey Holman Chief Executive Officer | |