McDermott International, Inc. (NYSE:MDR) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
|
Submission of Matters to a Vote of Security Holders. |
Results of Annual Meeting of
Stockholders
We held our Annual Meeting of Stockholders (the Annual Meeting)
on Friday, May5, 2017, in Houston, Texas. Set forth below are the
final voting results on each matter submitted to a vote of
stockholders at the Annual Meeting. Each proposal is described in
more detail in our Proxy Statement for the Annual Meeting dated
March24, 2017.
Proposal 1: The stockholders elected each of the eight
director nominees to our Board of Directors for a one-year term,
with the voting results as follows:
|
Nominee |
VotesFor |
VotesWithheld |
BrokerNon-Votes |
|||
|
John F. Bookout, III |
172,787,083 | 3,260,994 | 44,673,898 | |||
|
David Dickson |
172,787,246 | 3,260,831 | 44,673,898 | |||
|
Stephen G. Hanks |
172,623,811 | 3,424,266 | 44,673,898 | |||
|
Erich Kaeser |
173,464,188 | 2,583,889 | 44,673,898 | |||
|
Gary P. Luquette |
173,441,763 | 2,606,314 | 44,673,898 | |||
|
William H. Schumann, III |
173,317,118 | 2,730,959 | 44,673,898 | |||
|
Mary L. Shafer-Malicki |
172,633,750 | 3,414,327 | 44,673,898 | |||
|
David A. Trice |
172,735,064 | 3,313,013 | 44,673,898 |
Proposal 2: The stockholders approved the advisory vote on
executive compensation, with the voting results as follows:
|
For |
Against |
Abstentions |
BrokerNon-Votes |
|||
|
169,819,574 |
5,706,556 | 521,947 | 44,673,898 |
Proposal 3: The stockholders approved, on an advisory
basis, the holding of the advisory vote on executive compensation
every year, with the voting results as follows:
|
1 Year |
2Years |
3Years |
Abstentions |
BrokerNon-Votes |
||||
|
152,971,603 |
428,699 | 21,774,031 | 873,744 | 44,673,898 |
Proposal 4: The stockholders ratified the appointment of
Deloitte Touche, LLP as our independent registered public
accounting firm for the year ending December31, 2017, with the
voting results as follows:
|
For |
Against |
Abstentions |
||
|
218,369,326 |
1,637,447 | 715,202 |
In light of the voting results with respect to the frequency of
stockholder votes on executive compensation, our Board of
Directors has determined that we will hold an annual advisory
vote on executive compensation until the next advisory vote on
the frequency of stockholder votes on executive compensation, or
until the Board of Directors determines it in the best interest
of McDermott to hold such vote with different frequency.
McDermott International, Inc. (NYSE:MDR) Recent Trading Information
McDermott International, Inc. (NYSE:MDR) closed its last trading session at with 2,510,764 shares trading hands.