TARGA RESOURCES CORP. (NYSE:TRGP) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07
Targa Resources Corp. (the “Company”) held its annual meeting of stockholders (the “Annual Meeting”) on May24, 2018. At the Annual Meeting, the Company’s stockholders were requested to: (1)elect three ClassII Directors to serve on the Company’s Board of Directors for a term of office expiring at the Company’s 2021 Annual Meeting of Stockholders; (2)ratify the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for 2018; and (3)approve, on an advisory basis, the compensation of the Company’s named executive officers. The following are the final voting results on proposals considered and voted upon at the Annual Meeting, each of which is more fully described in the Company’s definitive proxy statement on Schedule 14A filed with the Securities and Exchange Commission on March29, 2018:
| 1. | Each of the three ClassII directors that was up for re-election was elected for a term of three years. Votes regarding the election of these directors were as follows: |
|
NOMINEE |
VOTES FOR | VOTES AGAINST | VOTES ABSTAINED | BROKER NON-VOTES |
|
Robert B. Evans |
172,924,379 | 2,858,127 | 174,484 | 26,399,499 |
|
Joe Bob Perkins |
171,853,869 | 4,031,303 | 71,819 | 26,399,498 |
|
Ershel C. Redd Jr. |
174,065,153 | 1,712,898 | 178,937 | 26,399,501 |
| 2. | PricewaterhouseCoopers LLP was ratified as the Company’s independent registered public accounting firm for 2018. The voting results were as follows: |
|
VOTES FOR |
VOTES AGAINST |
VOTES ABSTAINED |
| 201,098,198 | 1,119,092 | 139,199 |
| 3. | The Board proposal seeking approval, on an advisory basis, of the compensation of the Company’s named executive officers was approved. The voting results were as follows: |
|
VOTES FOR |
VOTES AGAINST |
VOTES ABSTAINED |
BROKER NON-VOTES |
| 164,423,848 | 10,950,329 | 582,807 | 26,399,505 |
About TARGA RESOURCES CORP. (NYSE:TRGP)
Targa Resources Corp., through its general and limited partner interests in Targa Resources Partners LP (the Partnership), is a provider of midstream natural gas and natural gas liquid (NGL) services in the United States. The Partnership is engaged in the business of gathering, compressing, treating, processing and selling natural gas and storing, fractionating, treating, transporting, terminaling and selling NGLs, NGL products, and gathering, storing and terminaling crude oil and refined petroleum products. The Partnership operates in two divisions: Gathering and Processing, and Logistics and Marketing. The Gathering and Processing division consists of two segments: Field Gathering and Processing, and Coastal Gathering and Processing. The Logistics and Marketing division consists of two segments: Logistics Assets, and Marketing and Distribution.