NuStar GP Holdings, LLC (NYSE:NSH) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
-
0

NuStar GP Holdings, LLC (NYSE:NSH) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders.

The 2017 Annual Meeting of Unitholders (the Annual Meeting) of
NuStar GP Holdings, LLC (the Company) was held on April 26, 2017.
A total of 39,631,423 of the Companys common units were present
or represented by proxy at the Annual Meeting, representing
approximately 92.3% of all the votes entitled to be cast at the
Annual Meeting. The matters submitted for a vote and the related
results are as follows:
Proposal No. 1>- Election of two Class II directors to serve
until the 2020 annual meeting of unitholders or until his
successor is elected and has been qualified. The results were as
follows:
Class I Nominees
Votes For
Votes Withheld
Broker Non-Votes
Bradley C. Barron
30,167,725
583,073
8,880,625
William B. Burnett
30,574,526
176,270
8,880,625
Proposal No. 2>- Ratification of the appointment of KPMG LLP
as the Companys independent registered public accounting firm for
2017. The results were as follows:
Votes For
Votes Against
Abstentions
Broker Non-Votes
39,539,769
65,027
26,627
Proposal No. 3>- Approval of an advisory resolution on
executive compensation. The results were as follows:
Votes For
Votes Against
Abstentions
Broker Non-Votes
27,012,708
3,549,262
188,828
8,880,625
Proposal No. 4>- Recommendation, by advisory vote, on the
frequency of future advisory votes on executive compensation. The
results were as follows:
Three Years
Two Years
One Year
Abstentions
Broker Non-Votes
24,070,420
162,163
6,438,871
79,344
8,880,625
to the foregoing votes: (1) each of Bradley C. Barron and William
B. Burnett has been elected as a Class II director to serve on
the Companys Board of Directors until the 2020 annual meeting of
unitholders or until his successor is elected and has been
qualified; (2) the appointment of KPMG LLP to serve as the
Companys independent registered public accounting firm for 2017
has been ratified; (3) the advisory resolution approving the
Companys executive compensation has been approved; and (4) the
Company has determined that the frequency of future advisory
votes on executive compensation shall be every three years.


About NuStar GP Holdings, LLC (NYSE:NSH)

NuStar GP Holdings, LLC holds interests in NuStar Energy L.P. (NuStar Energy). NuStar Energy is engaged in the transportation of petroleum products and anhydrous ammonia, the terminalling and storage of petroleum products, and the marketing of petroleum products. NuStar Energy has terminal and storage facilities in the United States, Canada, Mexico, the Netherlands, including St. Eustatius in the Caribbean, and the United Kingdom. The Company’s subsidiary, NuStar GP, LLC, provides administrative services to it. The Company, through NuStar Energy, holds interests in approximately 80 terminal and storage facilities with over 90 million barrels of storage capacity, and approximately 8,700 miles of crude oil and refined product pipelines.

NuStar GP Holdings, LLC (NYSE:NSH) Recent Trading Information

NuStar GP Holdings, LLC (NYSE:NSH) closed its last trading session up +0.10 at 27.75 with 80,091 shares trading hands.