Oil States International, Inc. (NYSE:OIS) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Directors.
On February 6, 2018, Gary L. Rosenthal notified Oil States International, Inc. (the “Company”) of his resignation from the Company’s board of directors (the “Board”) and the Board’s compensation committee, effective immediately. Mr. Rosenthal’s resignation was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. In connection with Mr. Rosenthal’s resignation, the Board approved the acceleration of Mr. Rosenthal’s previously reported award of 4,318 shares of Company common stock which were previously scheduled to vest on the day preceding the Company’s 2018 annual meeting of stockholders.
About Oil States International, Inc. (NYSE:OIS)
Oil States International, Inc., through its subsidiaries, is a provider of specialty products and services to oil and natural gas companies throughout the world. The Company’s segments include offshore products and well site services. It designs and manufactures a number of products for the offshore energy industry through Offshore Products segments. The well site services segment includes a range of products and services that are used to drill for, establish and maintain the flow of oil and natural gas from a well throughout its life cycle. It operates in active oil and natural gas producing regions, including onshore and offshore United States, Canada, West Africa, the North Sea, South America and Southeast and Central Asia. Its customers include national oil companies, independent oil and natural gas companies, onshore and offshore drilling companies, and other oilfield service companies. It serves over two primary markets with its drilling services business.
