Current Report Filing (8-k)
May 22 2020 - 8:01AM
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 18, 2020
Battalion
Oil Corporation
(Exact name of registrant as specified in
its charter)
Delaware
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001-35467
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20-0700684
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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1000 Louisiana St., Suite 6600
Houston, Texas
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77002
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including
area code: (832) 538-0300
(Former name or former address, if changed
since last report)
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
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Trading Symbol
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Name of each exchange on which registered
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Common Stock, par value $0.0001
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BATL
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NYSE American
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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):
¨ Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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.¨
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Item 5.07
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Submission of Matters to a Vote of Security Holders.
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Battalion Oil Corporation
(the “Company”) held its annual meeting of stockholders on May 18, 2020 and the Company’s stockholders
voted on four proposals.
The first proposal
was the election of four individuals to serve as Group I directors of the Company until the 2021 annual meeting of stockholders,
and until their successors are elected and qualified or until their earlier death, resignation or removal. The election of the
four directors was approved as follows:
Proposal 1 —
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Nominees for Directors
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Votes For
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Withheld
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Broker Non-Votes
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Scott H. Germann
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13,946,026
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629,944
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682,689
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Gregory S. Hinds
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13,946,029
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629,941
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682,689
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Richard H. Little
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14,564,820
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11,150
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682,689
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William L. Transier
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13,942,266
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633,704
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682,689
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The Company’s
board of directors after the meeting include Jonathan D. Barrett, David Chang, Scott H. Germann, Gregory S. Hinds, Allen Li, Richard
H. Little and William L. Transier.
The second proposal
was the approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers. The compensation
of the Company’s named executive officers was approved as follows:
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Broker Non-
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Proposal 2
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Votes For
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Votes Against
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Votes
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Abstentions
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Advisory vote on executive compensation
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14,460,336
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11,119
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682,689
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104,515
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The third proposal
was a non-binding advisory vote on the stockholders’ preference as to how frequently the Company should seek future advisory
votes on the compensation of the Company’s named executive officers. The frequency on which the Company should seek future
advisory votes on the compensation of the Company’s named executive officers was approved as follows:
Proposal 3
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1 Year
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2 Years
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3 Years
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Abstentions
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Frequency of advisory vote on executive compensation
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14,336,203
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1,038
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135,860
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102,869
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Based upon the results
of the stockholder vote on Proposal 3, the Company intends to submit to its stockholders a non-binding advisory vote on executive
compensation at its annual meeting every year until the next advisory vote on the frequency of stockholder voting on executive
compensation.
The fourth proposal
was the ratification of the appointment of Deloitte & Touche LLP, an independent registered public accounting firm, as
the Company’s independent registered public accountants for the fiscal year ending December 31, 2020. The ratification
of the appointment of Deloitte & Touche LLP was approved as follows:
Proposal 4
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Votes For
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Votes Against
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Abstentions
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Ratification of Deloitte & Touche LLP
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8,388,207
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5,391,694
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1,478,758
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SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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Battalion Oil Corporation
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May 22, 2020
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By:
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/s/ Richard H. Little
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Name:
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Richard H. Little
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Title:
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Chief Executive Officer
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