Unit Corporation (NYSE:UNT) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
Annual Meeting of Stockholders. We held our 2018 annual meeting of stockholders on May 2, 2018. For more information on the following proposals, which were the subject of stockholder action at that meeting, please see the 2018 Proxy Statement.
|
(1) |
The stockholders elected two Class I directors for terms expiring in 2021: |
|
DIRECTOR |
FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTE |
|
Gary C. Christopher |
44,528,880 |
806,139 |
15,079 |
3,229,825 |
|
Robert J. Sullivan, Jr. |
44,208,416 |
1,127,342 |
14,340 |
3,229,825 |
|
(2) |
The stockholders approved the following non-binding resolution pertaining to our executive compensation: |
RESOLVED, that the Company’s stockholders approve, on an advisory basis, the compensation of the NEOs, as disclosed in the Company’s Proxy Statement for the 2018 Annual Meeting of Stockholders under the compensation disclosure rules of the SEC, including the Compensation Discussion and Analysis, the 2017 Summary Compensation Table and the other related tables and disclosure.
|
FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTE |
|
44,242,375 |
1,066,827 |
40,896 |
3,229,825 |
|
(3) |
The stockholders ratified the appointment of PricewaterhouseCoopers LLP as our independent auditors for 2018: |
|
FOR |
AGAINST |
ABSTAIN |
BROKER NON-VOTE |
|
47,926,159 |
620,912 |
32,852 |
About Unit Corporation (NYSE:UNT)
Unit Corporation is an oil and natural gas contract drilling company. The Company has operations in the exploration and production and mid-stream areas. The Company operates through three segments: Oil and Natural Gas, Contract Drilling and Mid-Stream. It is primarily engaged in the exploration, development, acquisition, and production of oil and natural gas properties, the land contract drilling of natural gas and oil wells, and the buying, selling, gathering, processing and treating of natural gas. Its Oil and Natural Gas operations are carried out by its subsidiary Unit Petroleum Company. The Oil and Natural Gas segment explores, develops, acquires, and produces oil and natural gas properties. Contract Drilling operations are carried out by subsidiary Unit Drilling Company. It drills onshore oil and natural gas wells for its own account, as well as for other oil and natural gas companies. Its Mid-Stream operations are carried out by subsidiary Superior Pipeline Company, L.L.C.
