EQT CORPORATION (NYSE:EQT) Files An 8-K Submission of Matters to a Vote of Security Holders

0

EQT CORPORATION (NYSE:EQT) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders.

On November9, 2017, EQT Corporation (the Company) held a special meeting of shareholders (the Special Meeting) to consider certain proposals related to the Agreement and Plan of Merger, dated as of June19, 2017 (as amended by Amendment No.1 dated October26, 2017, and as may be further amended from time to time, the Merger Agreement), by and among the Company, Eagle Merger Sub I,Inc., an indirect wholly owned subsidiary of the Company, and Rice Energy Inc. (Rice).

As of September25, 2017, the record date for the Special Meeting, there were approximately 173,832,392 shares of the Company’s common stock, no par value (Common Stock), outstanding, each of which was entitled to one vote for each proposal at the Special Meeting. At the Special Meeting, a total of 141,406,117 shares of Common Stock, representing approximately 81.3% of the outstanding shares of Common Stock entitled to vote at the Special Meeting, were present in person or by proxy, constituting a quorum to conduct business.

At the Special Meeting, the Company’s shareholders considered and voted upon the following proposals:

1. to approve the issuance of shares of Common Stock to stockholders of Rice in connection with the Merger Agreement (the Share Issuance Proposal);

2. to approve an amendment and restatement of the Company’s Restated Articles of Incorporation to provide that the number of members of the board of directors of the Company be not less than five nor more than fifteen (the Charter Amendment Proposal); and

3. to approve the adjournment of the Special Meeting, if necessary or appropriate, to solicit additional proxies if there were not sufficient votes to approve the Share Issuance Proposal (the Adjournment Proposal).

Each proposal was approved by the requisite vote of the Company’s shareholders. The final voting results are described below. For more information regarding the matters voted upon at the Special Meeting, see the Company’s definitive proxy statement filed with the Securities and Exchange Commission on October12, 2017.

Proposal1*

SharesFor

%Cast For

Shares Against

%Cast Against

Shares Abstained

Share Issuance Proposal

118,410,283

83.74

%

22,572,582

15.96

%

423,252

Proposal2*

Shares For

%Cast For

Shares Against

%Cast Against

Shares Abstained

Charter Amendment Proposal

118,487,728

83.79

%

22,549,169

15.95

%

369,220

Proposal3*

Shares For

%Cast For

Shares Against

%Cast Against

Shares Abstained

Adjournment Proposal

110,140,364

77.89

%

30,862,836

21.83

%

402,917

* For purposes of the Share Issuance Proposal, any abstention will have the same effect as a vote against the proposal, and broker non-votes and the failure to vote are not votes cast and, accordingly, have no effect on the outcome of the proposal. For purposes of the Charter Amendment Proposal and the Adjournment Proposal, abstentions, broker non-votes and the failure to vote are not votes cast and, accordingly, have no effect on the outcome of such proposals.

Item 8.01. Other Events.

On November9, 2017, the Company issued a news release announcing the results of the Special Meeting. A copy of the news release is attached hereto as Exhibit99.1 and is incorporated in this Item 8.01 by reference.

Cautionary Statement Regarding Forward-Looking Information

This communication may contain certain forward-looking statements, including certain plans, expectations, goals, projections, and statements about the benefits of the proposed transaction, EQT’s and Rice’s plans, objectives, expectations and intentions, the expected timing of completion of the transaction, and other statements that are not historical facts. Such statements are subject to numerous assumptions, risks, and uncertainties. Statements that do not describe historical or current facts, including statements about beliefs and expectations, are forward-looking statements. Forward-looking statements may be identified by words such as expect, anticipate, believe, intend, estimate, plan, target, goal, or similar expressions, or future or conditional verbs such as will, may, might, should, would, could, or similar variations. The forward-looking statements are intended to be subject to the safe harbor provided by Section27A of the Securities Act of 1933, Section21E of the Securities Exchange Act of 1934, and the Private Securities Litigation Reform Act of 1995.

While there is no assurance that any list of risks and uncertainties or risk factors is complete, below are certain factors which could cause actual results to differ materially from those contained or implied in the forward-looking statements including: risks related to EQT’s acquisition and integration of acquired businesses and assets; the cost of defending EQT’s intellectual property; technological changes and other trends affecting the oil and gas industry; the possibility that the proposed transaction does not close when expected or at all because conditions to the closing are not satisfied on a timely basis or at all; potential adverse reactions or changes to business or employee relationships, including those resulting from the announcement or completion of the transaction; uncertainties as to the timing of the transaction; competitive responses to the transaction; the possibility that the anticipated benefits of the transaction are not realized when expected or at all, including as a result of the impact of, or problems arising from, the integration of the two companies; the possibility that the transaction may be more expensive to complete than anticipated, including as a result of unexpected factors or events; diversion of management’s attention from ongoing business operations and opportunities; EQT’s ability to complete the acquisition and integration of Rice successfully; the possibility of litigation relating to the transaction; and other factors that may affect future results of EQT and Rice. Additional factors that could cause results to differ materially from those described above can be found in EQT’s Annual Report on Form10-K for the year ended December31, 2016 and in its subsequent Quarterly Reports on Form10-Q for the quarters ended March31, 2017, June30, 2017 or September30, 2017, each of which is on file with the SEC and available in the “Investors” section of EQT’s website, https://www.eqt.com/, under the heading “SEC Filings” and in other documents EQT files with the SEC, and in Rice’s Annual Report on Form10-K for the year ended December31, 2016 and in its subsequent Quarterly Reports on Form10-Q for the quarters ended March31, 2017, June30, 2017 or September30, 2017, each of which is on file with the SEC and available in the “Investor Relations” section of Rice’s website, https://www.riceenergy.com/, under the subsection “Financial Information” and then under the heading “SEC Filings” and in other documents Rice files with the SEC.

All forward-looking statements speak only as of the date they are made and are based on information available at that time. Neither EQT nor Rice assumes any obligation to update forward-looking statements to reflect circumstances or events that occur after the date the forward-looking statements

were made or to reflect the occurrence of unanticipated events except as required by federal securities laws. As forward-looking statements involve significant risks and uncertainties, caution should be exercised against placing undue reliance on such statements.

Important Additional Information

In connection with the proposed transaction, EQT has filed with the SEC a registration statement on FormS-4 that contains a joint proxy statement of EQT and Rice and also constitutes a prospectus of EQT.

The registration statement was declared effective by the SEC on October12, 2017 and EQT and Rice commenced mailing the definitive joint proxy statement/prospectus to their respective shareholders on or about October12, 2017. This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities or a solicitation of any vote or approval. SHAREHOLDERS OF EQT AND STOCKHOLDERS OF RICE ARE URGED TO READ THE DEFINITIVE JOINT PROXY STATEMENT/PROSPECTUS REGARDING THE TRANSACTION AND ANY OTHER RELEVANT DOCUMENTS FILED OR THAT WILL BE FILED WITH THE SEC, AS WELL AS ANY AMENDMENTS OR SUPPLEMENTS TO THOSE DOCUMENTS, BECAUSE THEY CONTAIN OR WILL CONTAIN IMPORTANT INFORMATION. Investors may obtain a free copy of the registration statement and the joint proxy statement/prospectus, as well as other filings containing information about EQT and Rice, without charge, at the SEC’s website (http://www.sec.gov). Copies of the documents filed with the SEC by EQT can be obtained, without charge, by directing a request to Investor Relations, EQT Corporation, EQT Plaza, 625 Liberty Avenue, Pittsburgh, Pennsylvania 15222-3111, Tel. No.(412) 553-5700. Copies of the documents filed with the SEC by Rice can be obtained, without charge, by directing a request to Investor Relations, Rice Energy Inc., 2200 Rice Drive, Canonsburg, Pennsylvania 15317, Tel. No.(724) 271-7200.

Item 9.01 Financial Statements and Exhibits.

ExhibitNo.

DescriptionofExhibit

99.1

News Release, dated November9, 2017.


EQT Corp Exhibit
EX-99.1 2 a17-18383_28ex99d1.htm EX-99.1 Exhibit 99.1   NEWS RELEASE   EQT SHAREHOLDERS APPROVE RICE ENERGY ACQUISITION   PITTSBURGH — November 9,…
To view the full exhibit click here

About EQT CORPORATION (NYSE:EQT)

EQT Corporation (EQT) is an energy company. The Company operates through two business segments: EQT Production and EQT Midstream. EQT Production is a natural gas producer in the Appalachian Basin with over 10 trillion cubic feet equivalent (Tcfe) of natural gas, natural gas liquid (NGL) and crude oil reserves across approximately 3.4 million acres, including approximately 630,000 gross acres in the Marcellus play. EQT Midstream provides gathering, transmission and storage services for the Company’s produced gas and for the independent third parties across the Appalachian Basin. Its EQT Production segment conducts lateral horizontal and completion drilling in the Appalachian Basin. EQT Production’s properties are located in Pennsylvania, West Virginia, Kentucky and Virginia. EQT Midstream owns or operates approximately 8,250 miles of gathering lines and approximately 180 compressor units, as well as other general property and equipment.