Business Context and Reporting Period
This Form 8-K reports on the 2018 Annual Meeting of Stockholders held by NCS Multistage Holdings, Inc. on May 23, 2018. The company is incorporated in Delaware and is classified as an emerging growth company.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance and voting results.
Material Changes and Voting Results
Three proposals were acted upon by stockholders. Total votes eligible to be cast were 45,958,036, with 42,245,810 votes cast (approximately 92% participation).
- Proposal 1: Election of Directors
- Michael McShane: 37,616,267 For; 4,016,349 Withheld.
- Gurinder Grewal: 39,646,839 For; 1,985,777 Withheld.
- Franklin Myers: 38,532,002 For; 3,100,614 Withheld.
- Proposal 2: Ratification of Auditor
- PricewaterhouseCoopers LLP was ratified with 42,241,956 votes For, 3,663 Against, and 191 Abstentions.
- Proposal 3: Employee Stock Purchase Plans
- Approved with 41,375,462 votes For, 2,592 Against, and 254,562 Abstentions.
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Investor Verification Checklist
- Verify the tenure of the newly elected Class I directors (serving until the 2021 annual meeting).
- Confirm the appointment of PricewaterhouseCoopers LLP as the independent auditor for the fiscal year ending December 31, 2018.
- Review the specific terms of the approved Employee Stock Purchase Plans.
- Note the high level of shareholder participation (92%) at the annual meeting.