MRC GLOBAL INC. (NYSE:MRC) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
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Submission of Matters to a Vote of Security Holders. |
MRC Global Inc. (MRC Global) held its Annual Meeting of
Stockholders on May2, 2017 (the Annual Meeting) to: (i)elect ten
members to the Board of Directors to serve for a one-year term;
(ii)approve a non-binding advisory resolution approving MRC
Globals named executive officer compensation; and (iii)ratify
Ernst Young LLP as MRC Globals independent registered public
accounting firm for 2017. All of MRC Globals directors were
re-elected by a majority of the votes cast, and each of the other
matters voted upon at the Annual Meeting was approved.
As of March8, 2017, the record date (the Record Date) for the
Annual Meeting, there were 95,035,080 shares of MRC Global common
stock issued and outstanding and 94,725,406 shares entitled to
vote at the Annual Meeting. On the Record Date, there were
363,000 shares of preferred stock outstanding entitled to
20,302,009 votes at the Annual Meeting, which number is equal to
the number of shares of common stock into which the shares of
preferred stock could be converted on the Record Date, rounded to
the nearest share. Holdings of the common stock and the preferred
stock vote together on all matters as a single class. 86,331,514
shares of MRC Global common stock were represented in person or
by proxy at the Annual Meeting, constituting a quorum. The
information below reflects the number of votes cast by the
holders of MRC Global common stock and preferred stock.
The number of votes for, votes withheld and non-votes for the
election of each director was as follows:
|
Name |
Number of Votes FOR | Number of Votes Withheld | Number of Non-Votes | |||
|
Rhys J. Best |
76,013,372 | 4,491,412 | 5,826,730 | |||
|
Leonard M. Anthony |
79,162,735 | 1,342,049 | 5,826,730 | |||
|
Barbara J. Duganier |
80,203,218 | 301,566 | 5,826,730 | |||
|
Craig Ketchum |
79,116,072 | 1,388,712 | 5,826,730 | |||
|
Gerard P. Krans |
79,183,827 | 1,320,957 | 5,826,730 | |||
|
Andrew R. Lane |
79,123,017 | 1,381,767 | 5,826,730 | |||
|
Dr. Cornelis A. Linse |
76,464,093 | 4,040,691 | 5,826,730 | |||
|
John A. Perkins |
76,471,796 | 4,032,988 | 5,826,730 | |||
|
H.B. Wehrle, III |
79,129,157 | 1,375,627 | 5,826,730 | |||
|
Robert L. Wood |
76,442,393 | 4,062,391 | 5,826,730 |
The number of votes for, the number of votes against, the number
of abstentions and the number of broker non-votes with respect to
the non-binding advisory resolution approving MRC Globals named
executive officer compensation was as follows:
|
Number of Votes FOR |
Number of Votes Against |
Abstentions |
Number of Non-Votes |
|||
|
60,994,611 |
19,464,046 | 46,127 | 5,826,730 |
2
The number of votes for, the number of votes against, the number
of abstentions and the number of broker non-votes with respect to
the ratification of Ernst Young LLP as MRC Globals independent
registered public accounting firm for 2017 was as follows:
|
Number of Votes FOR |
Number of Votes Against |
Abstentions |
Number of Non-Votes |
|||
|
85,857,441 |
459,835 | 14,238 |
3
About MRC GLOBAL INC. (NYSE:MRC)
MRC Global Inc. is an industrial distributor of pipe, valves and fittings (PVF) and related products and services to the energy industry. The Company operates through three segments: the United States of America, Canada and International. It has branches in principal industrial, hydrocarbon producing and refining areas throughout the United States, Canada, Europe, Asia, Australasia, the Middle East and Kazakhstan. Its product types include valves, automation and instrumentation; carbon steel fittings and flanges and stainless steel and alloy pipe and fittings; line pipe, and oil country tubular goods (OCTG). Its valves, automation and instrumentation product offering includes ball, butterfly, gate, check, needle and plug valves, which are manufactured from cast steel, stainless/alloy steel, forged steel, carbon steel or cast and ductile iron. Its carbon steel fittings and flanges include carbon weld fittings, flanges and piping components used to connect piping and valve systems. MRC GLOBAL INC. (NYSE:MRC) Recent Trading Information
MRC GLOBAL INC. (NYSE:MRC) closed its last trading session down -0.17 at 18.22 with 655,637 shares trading hands.