Business Context and Reporting Period
This Form 8-K reports on the 2012 Annual Meeting of Shareholders for Oil States International, Inc., held on May 15, 2012. The filing details the outcomes of shareholder votes regarding board elections, auditor ratification, and executive compensation.
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
Shareholders approved three key proposals at the Annual Meeting:
- Board of Directors Election: Three Class II nominees were elected.
- S. James Nelson: 44,643,755 For; 264,445 Withheld.
- Gary L. Rosenthal: 43,425,931 For; 1,482,269 Withheld.
- William T. Van Kleef: 44,761,201 For; 146,999 Withheld.
- Auditor Ratification: Shareholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm (46,643,801 For; 342,918 Against).
- Executive Compensation: Shareholders voted in favor of the compensation of named executive officers (47,977,976 For; 1,625,715 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 final composition of the Board of Directors following the election of the three Class II nominees.
- Confirm the engagement of Ernst & Young LLP for the upcoming fiscal year audit.
- Review the specific compensation details for named executive officers referenced in the advisory vote.
- Note the presence of 2,103,420 broker non-votes on the director election and executive compensation proposals.