Business Context and Reporting Period
This Form 8-K Current Report from Oil States International, Inc. covers the 2010 Annual Meeting of Shareholders held on May 13, 2010. The filing details the submission of matters to a vote of security holders, specifically the election of directors and the ratification of the independent auditor.
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 voting results rather than financial performance.
Material Changes
No material financial changes or operational updates are reported in this document. The primary event is the completion of shareholder voting procedures.
Guidance, Outlook, and Management Commentary
The filing contains no guidance, outlook, or management commentary regarding future business prospects. It strictly reports the outcomes of two shareholder proposals:
- Election of Directors: Three Class III nominees were elected to the Board of Directors.
- Auditor Ratification: Shareholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm.
Shareholder Voting Results
| Proposal | For | Against/Withheld | Abstain/Non-Vote |
|---|---|---|---|
| Election of Martin A. Lambert | 45,183,961 | 205,477 | 1,558,735 |
| Election of Mark G. Papa | 39,361,507 | 6,027,931 | 1,558,735 |
| Election of Stephen A. Wells | 44,846,508 | 542,930 | 1,558,735 |
| Ratify Ernst & Young LLP | 46,519,818 | 417,436 | 10,919 |
Important Facts for Investors to Verify
- Confirm the successful election of the three Class III director nominees, noting that Mark G. Papa received a significantly higher number of withheld votes compared to the other nominees.
- Verify the ratification of Ernst & Young LLP as the independent auditor, which received overwhelming support.
- Note that this filing contains no financial data; investors should refer to the company's 10-K or 10-Q filings for financial performance metrics.