8-KThe WireRoutine
Shareholder Vote
Filed Jul 31, 2020 · 6y ago · Accession 0001193125-20-206369
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): July 28, 2020
TIDEWATER INC.
(Exact name of registrant as specified in its charter)
Delaware
1-6311
72-0487776
(State of
incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)
6002 Rogerdale Road , Suite 600
Houston , Texas
77072
(Address of principal executive offices)
(Zip Code)
(713) 470-5300
(Registrant’s telephone number, including area code)
N/A
(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
Series A Warrants to purchase shares of common stock
TDW.WS.A
New York Stock Exchange
Series B Warrants to purchase shares of common stock
TDW.WS.B
New York Stock Exchange
Warrants to purchase shares of common stock
TDW.WS
NYSE American
Preferred stock purchase rights
N/A
New York Stock Exchange
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 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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.
Due to the public health concerns of the COVID-19 pandemic and to support the health and well-being of meeting participants, Tidewater Inc. (the “Company”) held its 2020 annual meeting of stockholders on July 28, 2020 virtually via a live audio webcast (the “Annual Meeting”). As of June 5, 2020, the record date for the Annual Meeting, the Company had 40,323,298 shares of common stock outstanding. Of that number, 31,696,077 shares were represented in person or by proxy at the Annual Meeting. The Company’s stockholders voted on the following four proposals at the Annual Meeting, casting their votes as described below.
Proposal 1: Election of Six Directors
Each of the six individuals listed below was elected at the Annual Meeting to serve a one-year term on the Company’s Board of Directors (the “Board”).
Director Nominee
Votes For
Votes
Against
Abstentions
Broker
Non-Votes
Dick Fagerstal
27,248,769
765,826
32,983
3,648,499
Quintin V. Kneen
27,922,419
117,181
7,978
3,648,499
Louis A. Raspino
27,285,709
729,234
32,635
3,648,499
Larry T. Rigdon
27,398,166
616,654
32,758
3,648,499
Kenneth H. Traub
25,316,186
407,708
2,323,684
3,648,499
Lois K. Zabrocky
27,526,339
513,896
7,343
3,648,499
Proposal 2: Tax Benefits Preservation Plan
Proposal 2 was a vote to approve the Tax Benefits Preservation Plan, which was authorized by the Board on April 13, 2020. This proposal was approved.
Votes For
Votes Against
Abstentions
Broker
Non-Votes
23,594,677
4,245,770
207,131
3,648,499
Proposal 3: Advisory Say-on-Pay Vote
Proposal 3 was an advisory vote on executive compensation as disclosed in the proxy materials for the Annual Meeting. This advisory vote was approved.
Votes For
Votes Against
Abstentions
Broker
Non-Votes
27,395,547
568,743
83,288
3,648,499
2
Proposal 4: Ratification of the Appointment of Auditors
Proposal 4 was a proposal to ratify the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020. This proposal was approved.
Votes For
Votes Against
Abstentions
Broker
Non-Votes
30,663,049
1,020,128
12,900
N/A
3
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.
By:
/s/ Daniel A. Hudson
Daniel A. Hudson
Vice President, General Counsel, and Secretary
Date: July 31, 2020
4
Filing details
- Company
- TIDEWATER INC
- Ticker
- TDW
- CIK
- 98222
- Form type
- 8-K
- Filing date
- Jul 31, 2020
- Report date
- Jul 28, 2020
- Document
- d112893d8k.htm
- Size
- 224 KB