Lonestar Resources US Inc. (NASDAQ:LONE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Lonestar Resources US Inc. (NASDAQ:LONE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.

On April 3, 2017, the Board of Directors (the Board) of Lonestar
Resources US Inc. (the Company) approved the amendment (the Plan
Amendment) of the Companys Amended and Restated 2016 Incentive
Plan (the Plan), subject to and effective upon stockholder
approval. At the Companys 2017 Annual Meeting of Stockholders,
held on May 24, 2017 (the 2017 Annual Meeting), stockholders
approved the Plan Amendment. The Plan Amendment increases the
number of shares of common stock available for issuance under the
Plan by 700,000 shares, from 1,500,000 shares to 2,200,000
shares.

The foregoing description of the Plan Amendment does not purport
to be complete and is qualified in its entirety by reference to
the full text of the Plan, as amended, which is filed as Exhibit
10.1 to this Current Report on Form 8-K and is incorporated
herein by reference.

Item 5.03. Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year.

At the 2017 Annual Meeting, the Companys stockholders voted to
approve an amendment (the Charter Amendment) to the Companys
Certificate of Incorporation, as amended (the Certificate)
authorizing the Board to issue by resolution, from time to time,
up to 10,000,000 shares of a new class of blank check preferred
stock in one or more series. This Charter Amendment allows our
Board to prescribe the number of the shares of each series of
preferred stock and the voting powers, designations, preferences,
limitations, restrictions and relative rights of the shares of
each series of preferred stock.

The Board previously approved the Charter Amendment and, on May
24, 2017, the Company filed a Certificate of Amendment to the
Certificate with the Secretary of State of the State of Delaware.

The foregoing description of the Charter Amendment does not
purport to be complete and is qualified in its entirety by
reference to the full text of the Certificate of Amendment, which
is filed as Exhibit 3.1 to this Current Report on Form 8-K and is
incorporated herein by reference.

Item 5.07. Submission of Matters to a Vote of Security Holders.

At the 2017 Annual Meeting held on May 24, 2017, a total of
18,998,556 shares of the Companys Class A Voting Common Stock
were present in person or represented by proxy, representing
approximately 87.1 percent of the Companys outstanding Class A
Voting Common Stock as of the March 31, 2017 record date. There
were also 2,500 shares of Class B Non-Voting Common Stock
represented at the meeting, representing 100 percent of the
Companys outstanding Class B Non-Voting Common Stock as of the
record date, voting as a separate class on Proposal 3 only. The
following are the voting results for the proposals considered and
voted upon at the meeting, all of which were described in the
Companys Amended and Restated Definitive Proxy Statement filed
with the Securities and Exchange Commission on April 17, 2017.

Proposal 1 Election of the Companys directors to serve until the
2018 Annual Meeting of Stockholders, and until their respective
successors shall have been duly elected and qualified.

Proposal 2 Ratification of the appointment of BDO USA, LLP as the
Companys independent registered public accounting firm for the
year ending December 31, 2017.

Proposal 3 Amendment of the Companys Certificate of Incorporation
authorizing the Board of Directors of the Company to issue up to
10,000,000 shares of blank check preferred stock.

Proposal 4 Amendment of the Companys Amended and Restated 2016
Incentive Plan to increase the number of shares available for
issuance under such plan.

Based on the foregoing votes, Frank D. Bracken, III, Henry B.
Ellis, Daniel R. Lockwood, John H. Murray, Stephen H. Oglesby,
John H. Pinkerton, Dr. Christopher Rowland, and Randy L. Wolsey
were elected as directors, and Proposals 2, 3, and 4 were
approved.

Item 9.01. Financial Statements and Exhibits

(d) Exhibits

3.1.Certificate of Amendment to Certificate of Incorporation of
Lonestar Resources US Inc., dated May 24, 2017.

10.1Lonestar Resources US Inc. Amended and Restated 2016
Incentive Plan, as amended as of May 24, 2017.

Lonestar Resources US Inc. (NASDAQ:LONE) Recent Trading Information
Lonestar Resources US Inc. (NASDAQ:LONE) closed its last trading session 00.00 at 4.40 with 37,621 shares trading hands.