Business Context and Reporting Period
This Form 8-K reports on the 2020 Annual Meeting of Stockholders for Oil States International, Inc., held on May 12, 2020. The filing details the outcomes of three specific 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 report focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
The following proposals were voted upon at the Annual Meeting:
- Election of Class I Directors: Stockholders elected three Class I members to the Board of Directors.
- Lawrence R. Dickerson: 53,096,869 For; 1,873,144 Withheld.
- Christopher T. Seaver: 53,174,146 For; 1,795,867 Withheld.
- Cindy B. Taylor: 53,848,123 For; 1,121,890 Withheld.
- Executive Compensation (Say-on-Pay): Stockholders approved, on an advisory basis, the compensation of named executive officers.
- For: 47,599,751
- Against: 7,317,358
- Abstain: 52,904
- Ratification of Auditors: Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm for the year ending December 31, 2020.
- For: 56,162,861
- Against: 1,483,467
- Abstain: 3,908
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 final composition of the Board of Directors following the election of the three Class I members.
- Review the proxy statement for details on the specific executive compensation packages approved by shareholders.
- Confirm the engagement letter and scope of work with Ernst & Young LLP for the 2020 fiscal year.