8-KThe WireRoutine
Shareholder Vote
Filed Jun 7, 2024 · 2y ago · Accession 0001104659-24-069633
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE
COMMISSION
Washington, D.C. 20549
FORM
8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date
of earliest event reported): June 6, 2024
Tidewater Inc.
(Exact name of registrant
as specified in its charter)
Delaware
1-6311
72-0487776
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
842
West Sam Houston Parkway North , Suite
400
Houston ,
Texas
77024
(Address of principal executive offices)
(Zip Code)
Registrant’s
telephone number, including area code: ( 713 ) 470-5300
Not Applicable
(Former Name or Former
Address, If Changed Since Last Report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2. below):
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of
the Act:
Title of each class
Trading
Symbol(s)
Name of each exchange on which
registered
Common stock, $0.001 par value per share
TDW
New York Stock Exchange
Warrants to purchase shares of common stock
TDW.WS
NYSE American
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405) or Rule 12b-2
of the Securities Exchange Act of 1934 (§ 240.12b-2).
Emerging Growth Company ¨
If an emerging growth company, indicate by
check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ¨
Item 5.07
Submission of Matters to a Vote of Security Holders.
(a)
On June 6, 2024, Tidewater Inc. (the “ Company ”) held its 2024 annual meeting of stockholders (“ Annual
Meeting ”) virtually via a live audio webcast.
(b)
As of April 19, 2024, the record date for the Annual Meeting, the Company had 52,759,556 shares of common stock outstanding and
entitled to vote. Of this number, 47,280,471 shares were represented in person or by proxy at the meeting, which represented 89.61% of
the shares entitled to vote. The Company’s stockholders voted on the following four proposals at the Annual Meeting, detailed descriptions
of which are contained in the 2024 Proxy Statement (“ Proxy Statement ”), casting their votes as described below.
Proposal 1: Election of Eight Directors
Each of the eight individuals
listed below was elected at the Annual Meeting to serve a one-year term on the Company’s Board of Directors.
Director Nominee
Votes For
Votes Against
Abstentions
Broker
Non-Votes
Darron M. Anderson
42,336,549
552,503
11,883
4,379,536
Melissa Cougle
42,870,970
18,389
11,576
4,379,536
Dick H. Fagerstal
42,227,958
660,979
11,998
4,379,536
Quintin V. Kneen
42,879,967
9,229
11,739
4,379,536
Louis A. Raspino
42,859,877
29,305
11,753
4,379,536
Robert E. Robotti
42,886,153
10,879
3,903
4,379,536
Kenneth H. Traub
39,153,962
3,735,087
11,886
4,379,536
Lois K. Zabrocky
42,871,373
18,800
10,762
4,379,536
Proposal 2: Advisory Vote on Executive Compensation
Proposal 2 was an advisory
vote on the executive compensation of our named executive officers as disclosed in the Proxy Statement. This advisory vote was approved.
Votes For
Votes Against
Abstentions
Broker
Non-Votes
42,620,365
269,376
11,194
4,379,536
Proposal 3: Advisory Vote on Frequency of Future Advisory Votes
on Executive Compensation
Proposal 3 was an advisory
vote on the frequency of future advisory votes on the executive compensation of our named executive officers. The advisory vote to hold
future advisory votes on executive compensation every year (annually) was approved.
One Year
Two Years
Three Years
Abstentions
41,431,785
175,227
1,253,803
40,120
Proposal 4: Ratification of Selection of Independent Registered
Public Accounting Firm
Proposal 4 was a proposal
to ratify the appointment of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal
year ending December 31, 2024. This proposal was approved.
Votes For
Votes Against
Abstentions
47,254,428
19,911
6,132
(d) Frequency of Shareholder Votes on Executive
Compensation . Consistent with the recommendation of the Company’s Board of Directors, the Company’s stockholders recommended,
by advisory, non-binding vote, a one-year frequency of future advisory votes on executive compensation. In accordance with these results
and its previous recommendation, the Company’s Board of Directors determined that future advisory votes on executive compensation
will be held annually until the next required advisory vote on the frequency of stockholder votes on the compensation of named executive
officers, which the Company expects to hold no later than its 2030 Annual General Meeting of Stockholders.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
TIDEWATER INC.
Date: June 7, 2024
By:
/s/ Daniel A. Hudson
Daniel A. Hudson
Executive Vice President, General Counsel and Corporate Secretary
Filing details
- Company
- TIDEWATER INC
- Ticker
- TDW
- CIK
- 98222
- Form type
- 8-K
- Filing date
- Jun 7, 2024
- Report date
- Jun 6, 2024
- Document
- tm2416739d1_8k.htm
- Size
- 256 KB