<SEC-DOCUMENT>0001387131-16-005473.txt : 20160513
<SEC-HEADER>0001387131-16-005473.hdr.sgml : 20160513
<ACCEPTANCE-DATETIME>20160513122734
ACCESSION NUMBER:		0001387131-16-005473
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20160512
ITEM INFORMATION:		Submission of Matters to a Vote of Security Holders
FILED AS OF DATE:		20160513
DATE AS OF CHANGE:		20160513

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			PIONEER POWER SOLUTIONS, INC.
		CENTRAL INDEX KEY:			0001449792
		STANDARD INDUSTRIAL CLASSIFICATION:	POWER, DISTRIBUTION & SPECIALTY TRANSFORMERS [3612]
		IRS NUMBER:				000000000
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-35212
		FILM NUMBER:		161647034

	BUSINESS ADDRESS:	
		STREET 1:		400 KELBY STREET, 9TH FLOOR
		STREET 2:		ONE PARKER PLAZA
		CITY:			FORT LEE
		STATE:			NJ
		ZIP:			07024
		BUSINESS PHONE:		212-867-0700

	MAIL ADDRESS:	
		STREET 1:		400 KELBY STREET, 9TH FLOOR
		STREET 2:		ONE PARKER PLAZA
		CITY:			FORT LEE
		STATE:			NJ
		ZIP:			07024

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SIERRA CONCEPTS, INC.
		DATE OF NAME CHANGE:	20081112

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	SIERRA CONCEPTS
		DATE OF NAME CHANGE:	20081112
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>ppsi-8k_051216.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
<HTML>
<HEAD>
     <TITLE></TITLE>
</HEAD>
<BODY STYLE="font: 10pt Times New Roman, Times, Serif">

<P STYLE="margin: 0"></P>

<!-- Field: Rule-Page --><DIV ALIGN="LEFT"><DIV STYLE="font-size: 1pt; border-top: Black 2pt solid; border-bottom: Black 1pt solid; width: 100%">&nbsp;</DIV></DIV><!-- Field: /Rule-Page -->

<P STYLE="margin: 0">&nbsp;</P>

<P STYLE="margin: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>UNITED STATES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SECURITIES AND EXCHANGE COMMISSION</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Washington, D.C. 20549</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center"></P>

<HR ALIGN="CENTER" NOSHADE SIZE="1" STYLE="color: Black; width: 20%">
<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 6pt 0; text-align: center"><B>FORM 8-K</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<HR ALIGN="CENTER" NOSHADE SIZE="1" STYLE="color: Black; width: 20%">
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt"><B>CURRENT
REPORT</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt"><B>Pursuant
to Section 13 or 15(d) of the </B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt"><B>Securities
Exchange Act of 1934</B></FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><FONT STYLE="letter-spacing: -0.15pt">Date of
Report (Date of earliest event reported): May 12, 2016</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<HR ALIGN="CENTER" NOSHADE SIZE="1" STYLE="color: Black; width: 20%">
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<P STYLE="font: 18pt Times New Roman, Times, Serif; margin: 9pt 0 0; text-align: center"><B>PIONEER POWER SOLUTIONS, INC.</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Exact name of registrant as specified in its
charter)</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<HR ALIGN="CENTER" NOSHADE SIZE="1" STYLE="color: Black; width: 20%">
<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"></P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%">
<TR>
    <TD STYLE="vertical-align: top; text-align: center; width: 49%"><FONT STYLE="font-size: 9pt"><B>Delaware</B></FONT></TD>
    <TD STYLE="vertical-align: bottom; width: 2%">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center; width: 49%"><FONT STYLE="font-size: 9pt"><B>27-1347616</B></FONT></TD></TR>
<TR>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 9pt">(State of incorporation)</FONT></TD>
    <TD STYLE="vertical-align: bottom">&nbsp;</TD>
    <TD STYLE="vertical-align: top; text-align: center"><FONT STYLE="font-size: 9pt">(I.R.S. Employer Identification No.)</FONT></TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>400 Kelby Street, 12th Floor</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>Fort Lee, New Jersey 07024</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">(Address of principal executive offices)</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center">&nbsp;</P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>(212) 867-0700</B></P>

<P STYLE="font: 9pt Times New Roman, Times, Serif; margin: 0 0 6pt; text-align: center">(Registrant&#8217;s telephone number, including
area code)</P>

<HR ALIGN="CENTER" NOSHADE SIZE="1" STYLE="color: Black; width: 20%">
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin-top: 0; text-align: center; margin-bottom: 0"></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 27pt"><FONT STYLE="letter-spacing: -0.1pt">Check the
appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.75in"><FONT STYLE="letter-spacing: -0.1pt">&#9744;&nbsp;Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.75in"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.75in">&#9744;<FONT STYLE="letter-spacing: -0.1pt">&nbsp;Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.75in; text-indent: -0.75in"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt">&#9744;<FONT STYLE="letter-spacing: -0.1pt">&nbsp;Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt">&#9744;<FONT STYLE="letter-spacing: -0.1pt">&nbsp;Pre-commencement
communications pursuant to Rule 13e-4 (c) under the Exchange Act (17 CFR 240.13e-4(c))</FONT></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 13.5pt; text-indent: -13.5pt"><FONT STYLE="letter-spacing: -0.1pt">&nbsp;</FONT></P>


<!-- Field: Page; Sequence: 1 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 12pt Times New Roman, Times, Serif; margin: 0 0 0 1in; text-indent: -1in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"><B>Item 5.07&#9;Submission of Matters to a Vote of Security Holders.
&nbsp;</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">At the Annual Meeting of Stockholders of Pioneer
Power Solutions, Inc. (the &#8220;Company&#8221;) held on May 12, 2016 (the &#8220;Annual Meeting&#8221;), the following two proposals
were submitted to a vote of the Company&#8217;s stockholders:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in">(1)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Election of seven directors to serve on the Company&#8217;s board of directors for a term of one year or until their successors
are elected and qualified, for which the following were nominees: Nathan J. Mazurek, Thomas Klink, Yossi Cohn, David J. Landes,
Ian Ross, David Tesler and Jonathan Tulkoff.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in">(2)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Ratification of the appointment of BDO USA, LLP as the Company&#8217;s independent registered public accounting firm for
the fiscal year ending December 31, 2016.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">For more information about the foregoing proposals,
see the Company&#8217;s definitive proxy statement for the Annual Meeting, filed with the Securities and Exchange Commission on
April 18, 2016, the relevant portions of which are incorporated herein by reference. Holders of the Company&#8217;s common stock
were entitled to one vote per share. The number of votes cast for and against and the number of abstentions and broker non-votes
with respect to each matter voted upon are set forth below.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp; &nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in">(1)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>Each of the following nominees for director received the number of votes set forth opposite his name, constituting in each
case a plurality of the votes cast at the Annual Meeting for the election of such director to serve for a term of one year or until
his successor is duly elected and qualified:</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 26%; padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD STYLE="width: 23%; padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD STYLE="width: 3%; padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD STYLE="width: 21%; padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 6.5pt; padding-left: 6.5pt; text-align: center"><B>Nominee</B></TD>
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 6.5pt; padding-left: 6.5pt; text-align: center"><B>Votes For</B></TD>
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 6.5pt; padding-left: 6.5pt; text-align: center"><B>Votes Withheld</B></TD>
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 6.5pt; padding-left: 6.5pt; text-align: center"><B>Broker Non-Votes</B></TD></TR>
<TR STYLE="background-color: #CCECFF">
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">Nathan J. Mazurek</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">6,130,671</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">207,169</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">1,462,376</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">Thomas Klink</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">6,130,539</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">207,301</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">1,462,376</TD></TR>
<TR STYLE="background-color: #CCECFF">
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">Yossi Cohn</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">5,648,121</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">689,719</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">1,462,376</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">David J. Landes</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">6,130,671</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">207,169</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">1,462,376</TD></TR>
<TR STYLE="background-color: #CCECFF">
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">Ian Ross</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">5,648,121</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">689,719</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">1,462,376</TD></TR>
<TR>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">David Tesler</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">6,158,563</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">179,277</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">1,462,376</TD></TR>
<TR STYLE="background-color: #CCECFF">
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">Jonathan Tulkoff</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">5,648,121</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">689,719</TD>
    <TD STYLE="vertical-align: top; padding-right: 6.5pt; padding-left: 6.5pt; text-align: left">&nbsp;</TD>
    <TD NOWRAP STYLE="vertical-align: bottom; text-align: center">1,462,376</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0 0 0 0.5in; text-indent: -0.25in">(2)<FONT STYLE="font-family: Times New Roman, Times, Serif; font-size: 7pt">&nbsp;&nbsp;&nbsp;&nbsp;
</FONT>The vote, based on votes cast in person or by proxy, for the proposal to ratify the appointment of BDO USA, LLP as the Company&#8217;s
independent registered public accounting firm for the fiscal year ending December 31, 2016 was as follows:&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="font: 10pt Times New Roman, Times, Serif; width: 100%; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 6.5pt; padding-left: 6.5pt; text-align: center"><B>Votes For</B></TD>
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt; text-align: center">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="border-bottom: black 1pt solid; padding-right: 6.5pt; padding-left: 6.5pt; text-align: center"><B>Votes Against</B></TD>
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt; text-align: center">&nbsp;</TD>
    <TD STYLE="border-bottom: black 1pt solid; padding-right: 6.5pt; padding-left: 6.5pt; text-align: center"><B>Votes Abstaining</B></TD></TR>
<TR STYLE="vertical-align: top; background-color: #CCECFF">
    <TD NOWRAP COLSPAN="3" STYLE="text-align: center">6,919,540</TD>
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD COLSPAN="3" STYLE="padding-right: 6.5pt; padding-left: 6.5pt; text-align: center">726,704</TD>
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt">&nbsp;</TD>
    <TD STYLE="padding-right: 6.5pt; padding-left: 6.5pt; text-align: center">153,972</TD></TR>
<TR>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 52px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 77px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD STYLE="width: 120px">&nbsp;</TD>
    <TD>&nbsp;</TD>
    <TD>&nbsp;</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">The results reported above are final voting
results. No other matters were considered or voted upon at the meeting.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-indent: 0.5in">&nbsp;</P>


<!-- Field: Page; Sequence: 2 -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <DIV STYLE="page-break-before: always; margin-top: 6pt"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: center"><B>SIGNATURES</B></P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify; text-indent: 0.5in">Pursuant to the requirements
of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<TABLE CELLSPACING="0" CELLPADDING="0" STYLE="width: 100%; font: 10pt Times New Roman, Times, Serif; border-collapse: collapse">
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt">&nbsp;</TD>
    <TD COLSPAN="2" STYLE="padding-right: 5.75pt; text-align: justify"><FONT STYLE="text-transform: uppercase"><B>PIONEER POWER SOLUTIONS, inc.</B></FONT></TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="width: 45%; padding-right: 5.75pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="width: 8%; padding-right: 5.75pt">&nbsp;</TD>
    <TD STYLE="width: 47%; padding-right: 5.75pt; text-align: justify">&nbsp;</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; text-align: justify">Date: May 13, 2016</TD>
    <TD STYLE="padding-right: 5.75pt">By:</TD>
    <TD STYLE="border-bottom: Black 1pt solid; padding-right: 5.75pt; text-align: justify">/s/ Thomas Klink</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt">Name:</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: justify">Thomas Klink</TD></TR>
<TR STYLE="vertical-align: top">
    <TD STYLE="padding-right: 5.75pt; text-align: justify">&nbsp;</TD>
    <TD STYLE="padding-right: 5.75pt">Title:</TD>
    <TD STYLE="padding-right: 5.75pt; text-align: justify">Chief Financial Officer</TD></TR>
</TABLE>
<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0; text-align: justify">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0"></P>

<!-- Field: Page; Sequence: 3; Options: Last -->
    <DIV STYLE="margin-bottom: 6pt; border-bottom: Black 1pt solid"><TABLE CELLPADDING="0" CELLSPACING="0" STYLE="width: 100%"><TR><TD STYLE="text-align: center; width: 100%">&nbsp;</TD></TR></TABLE></DIV>
    <!-- Field: /Page -->

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>

<P STYLE="font: 10pt Times New Roman, Times, Serif; margin: 0">&nbsp;</P>



<P STYLE="margin: 0">&nbsp;</P>

</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
