SEMGROUP CORPORATION (NYSE:SEMG) 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.
were entitled to vote as of March 30, 2017, the record date for
the 2017 Annual Meeting. There were 63,248,509 shares present, in
person or by proxy, at the 2017 Annual Meeting (or 95.5% of the
outstanding shares), at which the stockholders were asked to vote
on five proposals. Set forth below are the matters acted upon by
the stockholders at the 2017 Annual Meeting, and the final voting
results of each such proposal.
one-year term expiring at the annual meeting of stockholders in
2018 and until their successors are duly elected and qualified.
The results of the vote were as follows:
|
For
|
Withheld
|
Broker Non-Votes
|
|||
|
Ronald A. Ballschmiede
|
56,424,337
|
3,717,799
|
3,106,373
|
||
|
Sarah M. Barpoulis
|
59,169,162
|
972,974
|
3,106,373
|
||
|
Carlin G. Conner
|
59,169,134
|
973,002
|
3,106,373
|
||
|
Karl F. Kurz
|
58,549,358
|
1,592,778
|
3,106,373
|
||
|
James H. Lytal
|
59,057,485
|
1,084,651
|
3,106,373
|
||
|
William J. McAdam
|
58,719,395
|
1,422,741
|
3,106,373
|
||
|
Thomas R. McDaniel
|
56,407,238
|
3,734,898
|
3,106,373
|
basis, named executive officer compensation. The results of the
vote were as follows:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|||
|
58,567,529
|
1,561,175
|
13,432
|
3,106,373
|
Vote on Executive Compensation
every year as the preferred frequency for the holding of future
advisory votes on compensation of named executive officers. The
results of the vote were as follows:
|
1 Year
|
2 Years
|
3 Years
|
Abstain
|
Broker Non-Votes
|
|
48,239,087
|
5,680,444
|
6,208,366
|
14,239
|
3,106,373
|
Thornton LLP as the Companys independent registered public
accounting firm for 2017. The results of the vote were as
follows:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|||
|
63,215,404
|
15,727
|
17,378
|
-0-
|
Restated Certificate of Incorporation to Authorize 4,000,000
Shares of Preferred Stock
Amended and Restated Certificate of Incorporation to authorize
4,000,000 shares of preferred stock:
|
For
|
Against
|
Abstain
|
Broker Non-Votes
|
|||
|
49,359,037
|
10,769,110
|
13,989
|
3,106,373
|
Executive Compensation
stockholders vote to conduct future advisory votes on executive
compensation every year. In light of the voting results and the
Boards recommendation, the Company has decided that it will
include a stockholder advisory vote on named executive officer
compensation in its proxy materials every year until the next
required vote on the frequency of stockholder votes on named
executive officer compensation.
About SEMGROUP CORPORATION (NYSE:SEMG)
SemGroup Corporation is a provider of gathering, transportation, storage, distribution, marketing and other midstream services. The Company’s segments include Crude Transportation, which operates crude oil pipelines and truck transportation businesses in the United States; Crude Facilities, which operates crude oil storage and terminal businesses in the United States; Crude Supply and Logistics, which operates a crude oil marketing business; SemLogistics, which owns an independent petroleum products storage facility in the United Kingdom; SemCAMS, which owns and operates over four natural gas processing and gathering facilities in Alberta, Canada; SemMexico, which provides a range of liquid asphalt cement products and product application services to the Mexican market; SemGas, which provides natural gas gathering and processing services, and SemStream, which owns interest in NGL Energy Partners LP and NGL Energy Holdings LLC. SEMGROUP CORPORATION (NYSE:SEMG) Recent Trading Information
SEMGROUP CORPORATION (NYSE:SEMG) closed its last trading session down -0.30 at 32.10 with 394,200 shares trading hands.