NORTHWEST NATURAL GAS COMPANY (NYSE:NWN) Files An 8-K Submission of Matters to a Vote of Security Holders

BROKER

NON-VOTES

ME Staff 8-k

7 years ago

NORTHWEST NATURAL GAS COMPANY (NYSE:NWN) 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.

The Annual Meeting of Shareholders of Northwest Natural Gas Company
(the Company) was held on May 25, 2017. At the meeting,
shareholders voted on the following items:

Proposal 1:>>>The following Class III nominees were
elected to serve on the Board of Directors until the 2020 Annual
Meeting, or until their successors have been duly qualified and
elected:



NOMINEE Class III	FOR	WITHHELD	BROKER NON-VOTES
David H. Anderson	19,923,341	210,821	5,271,938
Martha L. “Stormy” Byorum	19,719,197	414,965	5,271,938
John D. Carter	19,807,393	326,769	5,271,938
C. Scott Gibson	19,786,937	347,225	5,271,938

Proposal 2: Reapproval and amendment of the Long Term Incentive
Plan was approved.

Proposal 3: The non-binding advisory vote on compensation of the
Named Executive Officers was approved.

Proposal 4: The vote on an advisory basis, on the frequency of
future votes on executive compensation, was approved for a 1-year
frequency.



1-YEAR	2-YEAR	3-YEAR	ABSTAIN	BROKER NON-VOTES
15,680,523	175,613	4,077,072	200,954	5,271,938

Proposal 5: The appointment of PricewaterhouseCoopers LLP as the
Companys independent registered public accounting firm for fiscal
year 2017 was ratified.

Item 8.01 Other Events.

On May 25, 2017, the Companys Board of Directors approved an
extension to the Companys share repurchase program for our common
stock, under which the Company purchases shares on the open market
or through privately negotiated transactions. The Company now has
Board authorization through May 31, 2018 to repurchase up to an
aggregate of 2.8 million shares or up to an aggregate of $100
million. Since the programs inception in 2000, the Company has
repurchased 2.1 million shares of common stock at a total cost of
$83.3 million.

Forward-Looking Statements

This report, and other presentations made by NW Natural from time
to time, may contain forward-looking statements within the meaning
of the U.S. Private Securities Litigation Reform Act of 1995.
Forward-looking statements can be identified by words such as
“anticipates,” “intends,” “plans,” “seeks,” “believes,”
“estimates,” “expects” and similar references to future
periods. Examples of forward-looking statements include, but are
not limited to, statements regarding the following: plans,
objectives, goals, strategies, or future events, and other
statements that are other than statements of historical facts.

Forward-looking statements are based on our current expectations
and assumptions regarding our business, the economy and other
future conditions. Because forward-looking statements relate to the
future, they are subject to inherent uncertainties, risks and
changes in circumstances that are difficult to predict. Our actual
results may differ materially from those contemplated by the
forward-looking statements. We caution you therefore against
relying on any of these forward-looking statements. They are
neither statements of historical fact nor guarantees or assurances
of future performance. Important factors that could cause actual
results to differ materially from those in the forward-looking
statements are discussed by reference to the factors described in
Part I, Item 1A “Risk Factors,” and Part II, Item 7 and Item 7A
“Management’s Discussion and Analysis of Financial Condition and
Results of Operations” and “Quantitative and Qualitative
Disclosure about Market Risk” in the company’s most recent Annual
Report on Form 10-K and in Part I, Items 2 and 3 “Management’s
Discussion and Analysis of Financial Condition and Results of
Operations” and “Quantitative and Qualitative Disclosures About
Market Risk,” and Part II, Item 1A, “Risk Factors,” in the
company’s quarterly reports filed thereafter.

All forward-looking statements made in this report and all
subsequent forward-looking statements, whether written or oral and
whether made by or on behalf of the company, are expressly
qualified by these cautionary statements. Any forward-looking
statement speaks only as of the date on which such statement is
made, and we undertake no obligation to publicly update any
forward-looking statement, whether as a result of new information,
future developments or otherwise, except as may be required by law.

New factors emerge from time to time and it is not possible for the
company to predict all such factors, nor can it assess the impact
of each such factor or the extent to which any factor, or
combination of factors, may cause results to differ materially from
those contained in any forward-looking statements.

About NORTHWEST NATURAL GAS COMPANY (NYSE:NWN)
Northwest Natural Gas Company is engaged in the distribution of natural gas. The Company’s segments include Local Gas Distribution, Gas Storage and other. The Company maintains operations in Oregon, Washington and California and conducts businesses through NW Natural and its subsidiaries. The local gas distribution business, referred to as the utility segment, serves residential, commercial, and industrial customers in Oregon and southwest Washington. The Company gas storage business, referred to as the gas storage segment, provides storage services for utilities, gas marketers, electric generators and industrial users from storage facilities located in Oregon and California. The Company’s other segment is referred to as non-utility and consists of non-utility investments and other business activities. The other segment consists of an equity method investment in Trail West Holdings, LLC (TWH) and other pipeline assets in NNG Financial Corporation. NORTHWEST NATURAL GAS COMPANY (NYSE:NWN) Recent Trading Information
NORTHWEST NATURAL GAS COMPANY (NYSE:NWN) closed its last trading session up +0.85 at 62.10 with 94,387 shares trading hands.