COMSTOCK RESOURCES, INC. (NYSE:CRK) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
Submission of Matters to a Vote of Security Holders
COMSTOCK RESOURCES, INC. (NYSE:CRK) Files An 8-K Submission of Matters to a Vote of Security Holders
The Company held its 2018 Annual Meeting of Stockholders on August 10, 2018. The following proposals were submitted to the holders of the Company's common stock for a vote:
|
1. |
The approval of the issuance of up to 88,571,429 shares of the Company's common stock in exchange for acquiring certain assets; |
|
2. |
The adoption of the Second Amended and Restated Articles of Incorporation; |
|
3. |
The election of nine nominees to the Board of Directors; and |
|
4. |
The ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December31, 2018; |
14,536,601 shares of the Company's common stock were represented at the meeting or 89% of the Company's voting capital stock.5,697,703 of the shares were broker non-votes and were only included in the results on proposal 4.
The results of such votes were as follows:
|
1. |
The following votes were cast in the approval of the issuance of up to 88,571,429 shares of common stock in exchange for acquiring certain assets: |
|
Number of Votes Voted For |
Number of Votes Voted Against |
Number of Votes Abstaining |
Total |
|
8,781,967 |
29,941 |
26,990 |
8,838,898 |
|
2. |
The following votes were cast in the adoption of the Second Amended and Restated Articles of Incorporation: |
|
Number of Votes Voted For |
Number of Votes Voted Against |
Number of Votes Abstaining |
Total |
|
8,792,608 |
23,543 |
22,747 |
8,838,898 |
|
3. |
The following votes were cast in the election of the nine nominees to the Board of Directors: |
|
Name of Nominee |
Number of Votes Voted For |
Number of Votes Withheld |
Total |
|
M. Jay Allison |
8,638,760 |
200,138 |
8,838,898 |
|
Roland O. Burns |
8,623,698 |
215,200 |
8,838,898 |
|
Elizabeth B. Davis |
8,654,926 |
183,972 |
8,838,898 |
|
Morris E. Foster |
8,655,088 |
183,810 |
8,838,898 |
|
David K. Lockett |
8,623,590 |
215,308 |
8,838,898 |
|
Cecil E. Martin |
8,622,754 |
216,144 |
8,838,898 |
|
Frederic D. Sewell |
8,529,334 |
309,564 |
8,838,898 |
|
David W. Sledge |
8,623,084 |
215,814 |
8,838,898 |
|
Jim L. Turner |
8,653,709 |
185,189 |
8,838,898 |
|
4. |
The following votes were cast in the ratification of the appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December31, 2018: |
|
Number of Votes Voted For |
Number of Votes Voted Against |
Number of Votes Abstaining |
Total |
|
14,511,081 |
16,660 |
8,860 |
14,536,601 |
About COMSTOCK RESOURCES, INC. (NYSE:CRK)
Comstock Resources, Inc. is an energy company engaged in the acquisition, exploration, development and production of oil and natural gas in the United States. The Company operates in the segment of exploration and production of oil and natural gas. The Company’s oil and gas operations are concentrated in Texas and Louisiana. Its operations are focused in two operating areas: East Texas/North Louisiana and South Texas. The Company’s properties in the East Texas/North Louisiana region include approximately 80,660 acres in the Haynesville or Bossier shale formations. The Company’s Eagleville field includes approximately 30,220 acres located in the oil window of the Eagle Ford shale in South Texas. The Company owns interests in over 1,575 producing oil and natural gas wells, and operates over 950 of these wells. The Company owns interests in over 20 wells in the Rosita field, located in Duval County, Texas.