Current Report Filing (8-k)
May 16 2017 - 4:08PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (date of earliest event reported): May 12, 2017
DRIL-QUIP, INC.
(Exact
name of registrant as specified in its charter)
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Delaware
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001-13439
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74-2162088
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(I.R.S. Employer
Identification No.)
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6401 N. Eldridge Parkway
Houston, Texas
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77041
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code: (713)
939-7711
Check the
appropriate box below if the Form
8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (
see
General Instruction A.2):
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☐
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17 CFR
240.14a-12)
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☐
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Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
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☐
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Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
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Indicate by check mark whether the registrant is an emerging growth
company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of
this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07
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Submission of Matters to a Vote of Security Holders.
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At the annual meeting of
stockholders of Dril-Quip, Inc. (Dril-Quip) held on May 12, 2017, the matters voted upon and the number of votes cast for or against, as well as the number of abstentions and broker
non-votes
as to such matters, were as stated below. The proposals related to each matter are described in detail in Dril-Quips definitive proxy statement for the annual meeting, which was filed with the SEC on March 31, 2017.
Proposal 1Election of Directors
The following nominees for director were elected to serve three-year terms expiring at the 2020 annual meeting of stockholders by a majority of
the votes cast at the annual meeting:
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For
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Against
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Abstentions
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Broker Non-Votes
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Blake T. DeBerry
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33,865,195
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640,450
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29,114
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1,830,234
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John V. Lovoi
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32,525,951
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1,979,789
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29,019
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1,830,234
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Proposal 2Approval of Appointment of Independent Registered Public Accounting Firm
The appointment of PricewaterhouseCoopers LLP as independent registered public accountants for Dril-Quip for 2017 was approved by the majority
of the votes cast for or against the proposal at the meeting:
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For
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Against
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Abstentions
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Broker Non-Votes
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36,309,082
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27,593
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28,318
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Proposal 3Advisory Vote to Approve Executive Compensation
The advisory vote on the compensation of Dril-Quips named executive officers received the affirmative vote of a majority of the votes
cast for or against the proposal at the meeting:
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For
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Against
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Abstentions
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Broker Non-Votes
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33,100,916
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1,398,667
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35,176
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1,830,234
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Proposal 4Advisory Vote on the Frequency of Advisory Votes to Approve Executive Compensation
With respect to the advisory vote on the frequency with which to hold future advisory votes on the compensation of Dril-Quips named
executive officers, One Year received the highest number of affirmative votes cast for the proposal at the meeting:
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One Year
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Two Years
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Three Years
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Abstentions
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Broker Non-Votes
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32,049,559
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6,101
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2,450,458
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28,641
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1,830,234
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In accordance with the results of this advisory vote, Dril-Quip has determined that it will hold
a
non-binding
advisory vote to approve executive compensation every year, until the next required
non-binding
advisory vote on the frequency of future
non-binding
advisory votes to approve executive compensation.
Proposal 5Approval of the 2017 Omnibus Incentive
Plan of Dril-Quip
The 2017 Omnibus Incentive Plan of Dril Quip was approved by the majority of the votes cast for or
against the proposal at the meeting:
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For
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Against
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Abstentions
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Broker Non-Votes
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22,757,690
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11,768,039
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9,030
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1,830,234
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
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DRIL-QUIP, INC.
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By:
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/s/ James C. Webster
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James C. Webster
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Vice President General Counsel and Secretary
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Date: May 16, 2017
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