WildHorse Resource Development Corporation (NYSE:WRD) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07. Submission of Matters to a Vote of Security Holders.
On May18, 2017, WildHorse Resource Development Corporation (the
Company) held its 2017 Annual Meeting of Stockholders (the Annual
Meeting). The proposals voted upon at the Annual Meeting and the
final voting results are indicated below. For additional
information on these proposals, please see the Companys
definitive proxy statement filed with the Securities and Exchange
Commission on April3, 2017.
Proposal 1Election of Directors
Jay C. Graham, Anthony Bahr, Richard D. Brannon, Jonathan M.
Clarkson, Scott A. Gieselman, David W. Hayes, Grant E. Sims, and
Tony R. Weber were elected to continue to serve as the Companys
directors until the 2018 Annual Meeting of Stockholders and until
their respective successors are elected. Votes regarding the
persons elected as directors were as follows:
|
Nominee |
For | Withhold | BrokerNon-Votes | |||
|
Jay C. Graham |
71,169,330 | 8,798,340 | 2,443,694 | |||
|
Anthony Bahr |
72,169,030 | 7,798,640 | 2,443,694 | |||
|
Richard D. Brannon |
71,169,240 | 8,798,430 | 2,443,694 | |||
|
Jonathan M. Clarkson |
79,794,200 | 173,470 | 2,443,694 | |||
|
Scott A. Gieselman |
71,168,730 | 8,798,940 | 2,443,694 | |||
|
David W. Hayes |
71,169,540 | 8,798,130 | 2,443,694 | |||
|
Grant E. Sims |
79,756,338 | 211,332 | 2,443,694 | |||
|
Tony R. Weber |
71,169,540 | 8,798,130 | 2,443,694 |
Proposal 2Ratification of the Appointment of KPMG LLP
The appointment of KPMG LLP as the Companys independent auditor
for 2017 was ratified. The voting results were as follows:
|
For |
Against |
Abstain |
||
| 82,402,360 | 4,328 | 4,676 |
Proposal 3Approval, by a Non-Binding Vote, of the
Compensation of the Companys Named Executive Officers
The Companys stockholders approved, on an advisory basis, the
compensation for the Companys named executive officers. The
voting results were as follows:
|
For |
Against |
Abstain |
BrokerNon-Votes |
|||
| 78,287,587 | 1,669,052 | 11,031 | 2,443,694 |
Proposal 4Approval, by a Non-Binding Vote, of the Frequency
of Stockholder Advisory Votes on Executive Compensation
The Companys stockholders voted, on an advisory basis, in favor
of holding a future advisory stockholder vote to approve the
Companys executive compensation every three years. The voting
results were as follows:
|
1Year |
2Years |
3Years |
Abstain |
|||
| 12,195,790 | 6,301 | 67,762,628 | 2,951 |
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About WildHorse Resource Development Corporation (NYSE:WRD)
WildHorse Resource Development Corporation is a holding company. The Company is an independent oil and natural gas company. The Company is focused on the acquisition, exploitation, exploration and development of oil, natural gas and natural gas liquid (NGL) resources in the United States. Its assets are characterized by concentrated acreage positions in Southeast Texas and North Louisiana with multiple producing stratigraphic horizons, or stacked pay zones, and single-well rates of return. In Southeast Texas, it operates in Burleson, Lee and Washington Counties where it primarily targets the Eagle Ford Shale (Eagle Ford Acreage), which is an active shale trends in North America. In North Louisiana, the Company operates in and around the Terryville Complex, where it primarily targets the overpressured Cotton Valley play (North Louisiana Acreage). The Company’s subsidiaries include WildHorse Resources II, LLC (WildHorse) and Esquisto and Acquisition Co. WildHorse Resource Development Corporation (NYSE:WRD) Recent Trading Information
WildHorse Resource Development Corporation (NYSE:WRD) closed its last trading session 00.00 at 13.46 with 773,316 shares trading hands.