FLOTEK INDUSTRIES INC - 8-K Summary
Business Context and Reporting Period
This Form 8-K Current Report was filed by Flotek Industries, Inc. on June 30, 2005. The filing reports on corporate governance events that occurred at the Annual Shareholders' Meeting held on May 24, 2005.
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 matters.
Material Changes
No material financial changes versus the prior comparable period are disclosed in this filing.
Corporate Governance and Other Events
- Board of Directors: The following nominees were re-elected: Jerry D. Dumas, Sr., Glenn S. Penny, Gary M. Pittman, William R. Ziegler, John W. Chisholm, Barry E. Stewart, and Richard O. Wilson.
- Committee Composition:
- Compensation Committee: Gary Pittman, William Ziegler, and John Chisholm.
- Audit Committee: Barry Stewart, Gary Pittman, and Richard Wilson.
- Shareholder Approval: Shareholders approved the adoption of the 2005 Long-term Incentive Plan, as detailed in the 2005 Proxy materials.
Key Facts for Investor Verification
- Verify the specific terms and share allocation of the newly adopted 2005 Long-term Incentive Plan in the 2005 Proxy Statement.
- Confirm the tenure and independence status of the re-elected Board members and committee chairs.
- Note that this filing contains no financial performance data; refer to the most recent 10-Q or 10-K for financial metrics.