GEOSPACE TECHNOLOGIES CORPORATION (NASDAQ:GEOS) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07. Submission of Matters to a Vote of Security Holders
The Annual Meeting of Stockholders (Annual Meeting) of Geospace
Technologies Corporation (the Company) was held on February9,
2017 in Houston, Texas. At the Annual Meeting, the stockholders
voted on the following four proposals and cast their votes as
follows:
Proposal 1:
Mr.ThomasL. Davis, Ph.D., Mr.RichardF. Miles and Mr.WalterR.
Wheeler were elected as directors to serve for a three-year term
expiring in 2020. The voting details are as follows:
| For | WithheldAuthority | Non Vote | ||||||||||
|
Thomas L. Davis, Ph.D. |
9,490,409 | 149,201 | 1,690,574 | |||||||||
|
Richard F. Miles |
8,616,926 | 1,022,684 | 1,690,574 | |||||||||
|
Walter R. Wheeler |
9,539,195 | 100,415 | 1,690,574 |
Proposal 2:
Proposal 2 was a proposal to ratify the appointment by the audit
committee of the board of directors of BDO USA, LLP, independent
public accountants, as auditors for the year ending September30,
2017. This proposal was approved and the voting details are as
follows:
| For | Against | Abstain | ||
|
11,299,966 |
25,893 | 4,325 |
Proposal 3:
Proposal 3 was a proposal to hold an advisory vote on executive
compensation, as described in the proxy materials. This proposal
was approved and the voting details are as follows:
| For | Against | Abstain | NonVote | |||
|
9,386,311 |
243,437 | 9,862 | 1,690,574 |
Proposal 4:
Proposal 4 was a proposal on the frequency of the advisory vote
on the executive compensation, as described in the proxy
materials. The frequency of 1 Year received the highest number of
votes and voting details are as follows:
| 1 Year | 2Years | 3 Years | Abstain | NonVote | Uncast | |||||
|
8,675,355 |
11,040 | 940,804 | 7,161 | 1,690,574 | 5,250 |
About GEOSPACE TECHNOLOGIES CORPORATION (NASDAQ:GEOS)
Geospace Technologies Corporation designs and manufactures instruments and equipment used by the oil and gas industry to acquire seismic data in order to locate, characterize and monitor hydrocarbon producing reservoirs. The Company also designs and manufactures non-seismic products, including industrial products, offshore cables and imaging equipment. The Company operates through two segments: Seismic and Non-Seismic. The Company’s Seismic product segments include traditional exploration products, wireless exploration products and reservoir products. Its seismic product lines consist of land and marine nodal data acquisition systems, permanent land and seabed reservoir monitoring products and services, geophones and geophone strings, hydrophones, leader wire, connectors, telemetry cables, marine streamer retrieval and steering devices and various other products. The Company’s Non-Seismic product segments include imaging and industrial products. GEOSPACE TECHNOLOGIES CORPORATION (NASDAQ:GEOS) Recent Trading Information
GEOSPACE TECHNOLOGIES CORPORATION (NASDAQ:GEOS) closed its last trading session up +0.41 at 19.94 with 122,974 shares trading hands.
