HOLLYFRONTIER CORPORATION (NYSE:HFC) 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.
its annual meeting of stockholders (Annual Meeting). A total of
159,229,847 shares of HollyFrontiers common stock were present in
person or by proxy at the Annual Meeting, representing
approximately 90% of HollyFrontiers 177,272,090 shares of common
stock outstanding as of the March 13, 2017 record date. The
matters submitted for a vote and the related results are set
forth below. A more detailed description of each proposal is set
forth in HollyFrontiers definitive proxy statement on Schedule
14A filed with the Securities and Exchange Commission on March
23, 2017 (the Proxy Statement).
|
Proposal 1>(Election of Directors):>The stockholders
elected all ten director nominees to serve until HollyFrontiers annual meeting of stockholders in 2018, or until their earlier resignation or removal. |
|
Nominee
|
For
|
Against
|
Abstain
|
Broker Non-Vote
|
|
Douglas Y. Bech
|
126,132,348
|
2,180,449
|
277,466
|
30,639,584
|
|
George J. Damiris
|
126,648,915
|
1,750,109
|
191,239
|
30,639,584
|
|
Leldon E. Echols
|
126,797,299
|
1,517,861
|
275,103
|
30,639,584
|
|
R. Kevin Hardage
|
127,330,327
|
1,051,225
|
208,711
|
30,639,584
|
|
Michael C. Jennings
|
127,141,316
|
1,252,571
|
196,376
|
30,639,584
|
|
Robert J. Kostelnik
|
127,476,901
|
847,181
|
266,181
|
30,639,584
|
|
James H. Lee
|
127,011,096
|
1,315,184
|
263,983
|
30,639,584
|
|
Franklin Myers
|
120,901,032
|
7,431,623
|
257,608
|
30,639,584
|
|
Michael E. Rose
|
127,085,934
|
1,305,523
|
198,806
|
30,639,584
|
|
Proposal 2 (Advisory Vote on Compensation of Named
Executive Officers): The stockholders approved on an advisory basis the compensation of HollyFrontiers named executive officers as disclosed in the Proxy Statement. |
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
||||
|
121,151,608
|
6,974,274
|
464,381
|
30,639,584
|
|
Proposal 3 (Advisory Vote on the Frequency of an Advisory
Vote on Compensation of Named Executive Officers): The stockholders voted to conduct an advisory vote on compensation of HollyFrontiers named executive officers every year. |
|
Every Year
|
Every 2 Years
|
Every 3 Years
|
Abstain
|
|
110,251,248
|
740,219
|
16,936,957
|
661,839
|
HollyFrontiers Board of Directors determined that an advisory
vote to approve the compensation of HollyFrontiers named
executive officers will be conducted every year until the next
stockholder advisory vote on the frequency of the advisory vote
on compensation of HollyFrontiers named executive officers.
|
Proposal 4>(Ratification of the Appointment of
Independent Auditor): The stockholders ratified the appointment of Ernst Young LLP as HollyFrontiers independent registered public accounting firm for the 2017 fiscal year. |
|
For
|
Against
|
Abstain
|
||||
|
156,248,141
|
1,743,939
|
1,237,767
|
About HOLLYFRONTIER CORPORATION (NYSE:HFC)
HollyFrontier Corporation (HollyFrontier) is an independent petroleum refiner. The Company produces various refined products, such as gasoline, diesel fuel, jet fuel, specialty lubricant products, and specialty and modified asphalt. The Company operates through two segments: Refining and Holly Energy Partners, L.P. (HEP). The Refining segment includes the operations of the Company’s El Dorado, Tulsa, Navajo, Cheyenne and Woods Cross Refineries and HollyFrontier Asphalt Company (HFC Asphalt). The Company’s refinery operations serve the Mid-Continent, Southwest and Rocky Mountain regions of the United States. The HEP segment involves all of the operations of HEP. HEP is a limited partnership, which owns and operates logistic assets consisting of petroleum product and crude oil pipelines, terminals, tankage, loading rack facilities and refinery processing units that principally support the Company’s refining and marketing operations. HOLLYFRONTIER CORPORATION (NYSE:HFC) Recent Trading Information
HOLLYFRONTIER CORPORATION (NYSE:HFC) closed its last trading session down -0.49 at 27.74 with 2,791,622 shares trading hands.
