Callon Petroleum Company (NYSE:CPE) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07Submission of Matters to a Vote of Security Holders.
Callon Petroleum Company (the “Company”) held its 2018Annual Meeting of Shareholders (the “Annual Meeting”) on May 10, 2018. At theAnnual Meeting, shareholders:
|
(a) |
Elected three Class III directors to serve on the Board of Directors, each for three years (Proposal #1); |
|
(b) |
Approved, on an advisory (non-binding) basis, the compensation of our named executive officers (Proposal #2); |
|
(c) |
Approved the Company’s 2018 Omnibus Incentive Plan (Proposal #3); and |
|
(d) |
Ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2018 (Proposal #4). |
For additional information on these proposals, please see the Company’s definitive proxy statement filed with the Securities and ExchangeCommission onMarch 23, 2018.
Proposal 1 – Election ofClass IIIDirectors.
|
Nominee |
Votes Cast For |
Votes Withheld |
Broker Non-Votes |
|
Barbara J. Faulkenberry |
176,601,664 |
1,143,786 |
9,776,734 |
|
L. Richard Flury |
174,590,756 |
3,154,694 |
9,776,734 |
|
Joseph C. Gatto, Jr. |
176,738,658 |
1,006,792 |
9,776,734 |
Proposal 2 – Approval, in an advisory (non-binding)vote, of the Company’s Compensation for Named ExecutiveOfficers.
|
Votes Cast For |
Votes Cast Against |
Votes Abstained |
Broker Non-Votes |
|
170,751,209 |
6,952,470 |
141,771 |
9,776,734 |
Proposal 3 – Approval of the 2018 Omnibus Incentive Plan.
|
Votes Cast For |
Votes Cast Against |
Votes Abstained |
Broker Non-Votes |
|
167,935,646 |
9,700,225 |
109,578 |
9,776,735 |
Proposal 4 – Ratification of Appointment of Grant Thornton LLP as the Company’s Independent Registered Public Accounting Firm for the Year Ending December 31, 2018.
|
Votes Cast For |
Votes Cast Against |
Votes Abstained |
Broker Non-Votes |
|
187,389,232 |
39,690 |
93,262 |
Item 8.01Other Events.
On May 14, 2018, the Company issued a press release announcing the election of directors voting results from the Annual Meeting. A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(c) Exhibits
|
Exhibit Number |
Title of Document |
|
99.1 |
Press release dated May 14, 2018.
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CALLON PETROLEUM CO ExhibitEX-99.1 2 exhibit991announcementofne.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Callon Petroleum Company Announces Election of New Directors to the Board NATCHEZ,…To view the full exhibit click here
About Callon Petroleum Company (NYSE:CPE)
Callon Petroleum Company is an independent oil and natural gas company. The Company is engaged in the exploration, development, acquisition and production of oil and natural gas properties. It focuses on unconventional, onshore, oil and natural gas reserves in the Permian Basin in West Texas and the Midland Basin. Its asset base is concentrated in the Midland Basin located within the broader Permian Basin. Its operations are focused on horizontal drilling of several prospective intervals, including multiple levels of the Wolfcamp formation. It has drilled approximately 40 gross (over 27.1 net) horizontal, while completing approximately 30 gross (over 25.8 net) horizontal and over 1 gross (approximately 0.4 net) vertical wells. It owns leaseholds over 17,670 net acres in the Permian Basin. Its Southern Midland Basin area consists of fields located in Upton, Reagan and Crockett Counties, Texas. Its Central Midland Basin area encompasses Midland, Ector, Andrews and Martin Counties.