Trecora Resources (NYSE:TREC) 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.
Stockholders on June 15, 2017, at which the items set forth in
response to Item 5.07(b) were submitted to a vote of security
holders. For more information on the following proposals, see the
Company’s 2017 Proxy Statement, the relevant portions of which
are incorporated herein by reference. Below are the final voting
results.
director nominees for terms as set forth below:
|
Nominees
|
Term
|
For
|
% For
|
Withheld
|
Non-Votes
|
|
Nicholas N. Carter
|
3 years
|
15,121,522
|
96.66
|
523,011
|
2,003,644
|
|
Joseph P. Palm
|
3 years
|
14,605,850
|
93.36
|
1,038,683
|
2,003,644
|
|
Pamela R. Butcher
|
1 year
|
15,331,251
|
98.00
|
313,282
|
2,003,644
|
proposals:
2017:
|
Votes For:
|
17,416,286
|
98.69%
|
|
Votes Against:
|
69,410
|
0.39%
|
|
Abstentions:
|
162,481
|
0.92%
|
|
Non-Votes:
|
|
Votes For:
|
14,896,035
|
95.22%
|
|
Votes Against:
|
680,993
|
4.35%
|
|
Abstentions:
|
67,505
|
0.43%
|
|
Non-Votes:
|
2,003,644
|
|
One Year:
|
13,554,674
|
86.64%
|
|
Two Years:
|
42,213
|
0.27%
|
|
Three Years:
|
1,953,687
|
12.49%
|
|
Abstentions:
|
93,649
|
0.60%
|
|
Non-Votes:
|
2,003,644
|
Company’s Board of Directors determined that an advisory vote on
executive compensation will be conducted every year until the
next stockholder advisory vote on the frequency of the advisory
vote on executive compensation.
and Incentive Plan:
|
Votes For:
|
14,759,615
|
94.34%
|
|
Votes Against:
|
835,298
|
5.34%
|
|
Abstentions:
|
49,620
|
0.32%
|
|
Non-Votes:
|
2,003,644
|
Company’s Stock and Incentive Plan:
|
Votes For:
|
14,739,837
|
94.22%
|
|
Votes Against:
|
855,579
|
5.47%
|
|
Abstentions:
|
49,117
|
0.31%
|
|
Non-Votes:
|
2,003,644
|
Directors to Ratify Each Possible “Defective Corporate Act”:
|
Votes For:
|
15,450,584
|
98.76%
|
|
Votes Against:
|
133,000
|
0.85%
|
|
Abstentions:
|
60,949
|
0.39%
|
|
Non-Votes:
|
2,003,644
|
amount of information about the Company including financial and
other information for investors. The Company encourages investors
to visit its website from time to time, as information is updated
and new information is added. The information contained on our
website does not constitute part of this Current Report on Form
8-K.
Report has been signed below by the following person on behalf of
the Company in the capacities indicated on June 16, 2017.
| TRECORA RESOURCES | |
About Trecora Resources (NYSE:TREC)
Trecora Resources, formerly Arabian American Development Company, is engaged in manufacturing of specialty petrochemical products and synthetic waxes, and providing custom processing services. The Company operates through two segments: manufacturing of various specialty petrochemical products and manufacturing of specialty synthetic waxes. The specialty petrochemical products segment operates through South Hampton Resources, Inc. (SHR). The specialty synthetic wax segment operates through Trecora Chemical, Inc. (TC). SHR owns and operates a specialty petrochemical facility that produces hydrocarbons and other petroleum-based products, including isopentane, normal pentane, isohexane and hexane. TC produces specialty polyethylene and poly alpha olefin waxes, and provides custom processing services. TC provides custom manufacturing, distillation, blending, forming, and packaging of finished and intermediate products, and wax products for coatings, hot melt adhesives and lubricants.