Business Context and Reporting Period
This Form 8-K reports on the Annual Meeting of Shareholders held by Matador Resources Company on June 4, 2021. The filing details the voting results for three proposals submitted to security holders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document focuses exclusively on corporate governance voting outcomes.
Material Changes and Voting Results
On the record date of April 8, 2021, there were 116,781,445 shares of common stock outstanding. A total of 104,271,621 shares were represented at the meeting. The voting results were as follows:
- Proposal 1 (Election of Directors): Shareholders elected James M. Howard (Class II) and William M. Byerley, Monika U. Ehrman, Julia P. Forrester Rogers, and Kenneth L. Stewart (Class I). All nominees received significant majority support, with votes against ranging from approximately 333,000 to 2.7 million per nominee.
- Proposal 2 (Advisory Vote on Executive Compensation): The non-binding resolution approving 2020 executive compensation was approved with 92,295,294 votes for and 1,695,970 votes against.
- Proposal 3 (Ratification of Auditors): Shareholders ratified the appointment of KPMG LLP as the independent registered public accounting firm for the year ending December 31, 2021, with 104,171,800 votes for and 19,432 votes against.
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 specific terms of office for the newly elected directors (Class I vs. Class II).
- Confirm the total number of shares outstanding and the percentage of shares represented at the meeting.
- Review the full proxy statement for details on the executive compensation package approved in Proposal 2.
- Check subsequent filings for the official appointment letter or engagement terms with KPMG LLP.