DORCHESTER MINERALS, L.P. (NASDAQ:DMLP) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k

8 years ago

DORCHESTER MINERALS, L.P. (NASDAQ:DMLP) Files An 8-K Submission of Matters to a Vote of Security Holders

Item 5.07Submission of Matters to a Vote of Security Holders

The Annual Meeting of Limited Partners of Dorchester Minerals,
L.P. (the Partnership) was held on May 16, 2017. The matters on
which the unitholders voted, in person or by proxy, as fully
described in the proxy statement for our Annual Meeting, were:

to elect three managers who will serve on the Board of
Managers and be appointed to the Advisory Committee until
the 2018 Annual Meeting of Limited Partners;

to approve the appointment of Grant Thornton LLP as our
independent registered public accounting firm for the year
ending December 31, 2017;

approval of, by a unitholder non-binding advisory vote, the
compensation paid to the Partnerships named executive
officers, as disclosed to Item 402 of Regulation S-K,
commonly referred to as a Say-on-Pay proposal; and

the establishment, by a unitholder non-binding advisory
vote, of the frequency of submission to unitholders of
advisory Say-on-Pay proposals.

Buford P. Berry, C.W. Russell and Ronald P. Trout were each
elected to our Board of Managers and appointed to the Advisory
Committee.

The results of the voting were as follows:

1.Election of Managers

Manager	Votes For	Votes Withheld	Broker Non-Votes

Buford P. Berry	11,260,773	1,281,849	11,326,090
C.W. Russell	11,608,357	934,265	11,326,090
Ronald P. Trout	11,610,215	932,407	11,326,090

2.Approval of the Appointment of Independent Registered Public
Accounting Firm

Votes For	Votes Against	Abstentions	Broker Non-Votes

23,125,153	90,873	652,686

3.Approval of the Compensation Paid the Named Executive
Officers

Votes For	Votes Against	Abstentions	Broker Non-Votes

11,837,948	487,935	216,739	11,326,090

4.Establishment of the Frequency of Say-On-Pay Proposals

1 Year	2 Years	3 Years	Abstentions

4,190,518	94,401	7,557,218	700,485

Based on the results of the unitholder vote on the establishment
of the frequency of Say-on-Pay proposals, and consistent with the
Board of Managers prior recommendation to the Partnerships
unitholders in connection with such vote, the Partnership has
determined that, until the next vote on the frequency of
Say-on-Pay proposals, the Partnership will hold an advisory
Say-on-Pay vote every three years.

About DORCHESTER MINERALS, L.P. (NASDAQ:DMLP)
Dorchester Minerals, L.P. is a limited partnership company. The Company is engaged in the acquisition, ownership and administration of Royalty Properties and net profits interests (NPIs). As of December 31, 2016, the Royalty Properties consisted of producing and nonproducing mineral, royalty, overriding royalty, net profits and leasehold interests located in 574 counties and parishes in 25 states. The NPIs represent net profits overriding royalty interests in various properties owned by the Company. As of December 31, 2016, the Company had completed 270 wells on its Royalty Properties in seven states, and 39 new wells completed on its Properties in three states. The Company owns both a royalty interest and a net profits interest. The Company’s general partner is Dorchester Minerals Management LP. DORCHESTER MINERALS, L.P. (NASDAQ:DMLP) Recent Trading Information
DORCHESTER MINERALS, L.P. (NASDAQ:DMLP) closed its last trading session down -0.35 at 16.45 with 83,565 shares trading hands.