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Actionable news in SMCI: Super Micro Computer, Inc.,

Departure of Directors or Certain

Super Micro Computer, Inc. 2016 Equity Incentive Plan

The Board of Directors (the Board) of Super Micro Computer, Inc. (the Company) previously adopted, subject to stockholder approval, the Companys 2016 Equity Incentive Plan (the 2016 Plan). The Companys stockholders approved the 2016 Plan at the Annual Meeting of Stockholders held on March 8, 2016 (the Annual Meeting). The 2016 Plan became effective on March 8, 2016, and no further awards will be granted under the Companys 2006 Equity Incentive Plan (the Predecessor Plan), which was terminated upon the effectiveness of the 2016 Plan.

The maximum aggregate number of shares authorized for issuance under the 2016 Plan is the sum of 4,700,000 shares plus up to 2,800,000 shares subject to options and other awards currently outstand ing under the Companys Predecessor Plan to the extent that such awards expire or are forfeited for any reason after the date of the Annual Meeting.

Additional details of the 2016 Plan are included in the Companys 2016 proxy statement, which was filed with the...