ONE Gas, Inc. (NYSE:OGS) 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.
approved the material terms of our annual officer incentive plan
for purposes of Section 162(m) of the Internal Revenue Code at
the Companys 2017 annual meeting of shareholders, as detailed
below under Item 5.07. The annual officer incentive plan was
approved by the Companys Board of Directors on November 18, 2016,
subject to shareholder approval at the 2017 annual meeting of the
material terms of the plan for purposes of Section 162(m) of the
Internal Revenue Code. The material terms of the annual officer
incentive plan are described in Proposal 3-Approval of the Annual
Officer Incentive Plan in the Companys Proxy Statement on
Schedule 14A filed with the Securities and Exchange Commission on
April 5, 2017, which description is incorporated by reference
herein.
2017. The matters voted upon at the meeting and the results of
such voting are set forth below:
|
1.
|
The individuals set forth below were elected to the Board
of Directors of the Company as Class III directors to serve three-year terms expiring at our 2020 annual meeting of shareholders by a majority of the votes cast by the shareholders present in person or by proxy and entitled to vote as follows: |
|
Director
|
Votes For
|
Votes Against
|
Abstain
|
Broker Non-Votes
|
||||
|
Robert B. Evans
|
42,016,475.554
|
956,267.164
|
141,893.712
|
5,796,505.000
|
||||
|
Michael G. Hutchinson
|
42,258,088.828
|
705,685.579
|
150,862.023
|
5,796,505.000
|
||||
|
2.
|
The appointment of PricewaterhouseCoopers LLP as
independent auditor for the Company for the fiscal year ending December 31, 2017, was ratified by a majority of the voting power of the shareholders present in person or by proxy and entitled to vote as follows: |
|
Votes For
|
Votes Against
|
Abstain
|
|||
|
48,427,690.244
|
320,399.881
|
163,051.305
|
|||
|
3.
|
The advisory vote on compensation paid to our named
executive officers as disclosed in our Proxy Statement for the 2017 annual meeting, including the Compensation Discussion and Analysis, compensation tables and narrative discussion, was approved by a majority of the voting power of the shareholders present in person or by proxy and entitled to vote as follows: |
|
Votes For
|
Votes Against
|
Abstain
|
Broker Non-Votes
|
||||
|
41,726,706.300
|
991,267.400
|
396,662.730
|
5,796,505.000
|
||||
|
4.
|
The approval of the material terms of our annual officer
incentive plan for purposes of Section 162(m) of the Internal Revenue Code was approved by a majority of the voting power of the shareholders present in person or by proxy and entitled to the vote as follows: |
|
Votes For
|
Votes Against
|
Abstain
|
Broker Non-Votes
|
||||
|
41,732,467.343
|
940,611.300
|
441,557.787
|
5,796,505.000
|
||||
About ONE Gas, Inc. (NYSE:OGS)
ONE Gas, Inc. is an independent natural gas utility in the United States. The Company is a natural gas distributor in Oklahoma, Kansas and Texas. The Company operates in one segment: regulated public utilities that deliver natural gas to residential, commercial, industrial and transportation customers. The Company provides natural gas distribution services to approximately two million customers through its divisions in Oklahoma, Kansas and Texas. The Company’s distribution markets in terms of customers are Oklahoma City and Tulsa, Oklahoma; Kansas City, Wichita and Topeka, Kansas, and Austin and El Paso, Texas. The Company’s divisions include Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service. Its divisions, Oklahoma Natural Gas, Kansas Gas Service and Texas Gas Service distribute natural gas as public utilities. It caters to residential, commercial and industrial, transportation, and wholesale and public authority customers in over three states. ONE Gas, Inc. (NYSE:OGS) Recent Trading Information
ONE Gas, Inc. (NYSE:OGS) closed its last trading session down -0.19 at 70.47 with 111,665 shares trading hands.
