Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): May 11, 2018

 

 

NATIONAL OILWELL VARCO, INC.

(Exact Name of Registrant as Specified in Charter)

 

 

 

Delaware   1-12317   76-0475815

(State or Other Jurisdiction

of Incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

7909 Parkwood Circle Dr.

Houston, Texas

  77036
(Address of Principal Executive Offices)   (Zip Code)

Registrant’s Telephone Number, Including Area Code 713-346-7500

(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 communication 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 communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

  Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §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

On May 11, 2018, National Oilwell Varco, Inc. (the “Company”) held its Annual Meeting of Stockholders where the following matters were voted upon and approved by the Company’s stockholders:

1.    the election of nine members to the Board of Directors;

2.    the ratification of the appointment of Ernst & Young LLP as the Company’s independent auditors for 2018;

3.    the approval, on an advisory basis, of the compensation of our named executive officers; and

4.    the approval of the National Oilwell Varco, Inc. 2018 Long-Term Incentive Plan.

The following is a summary of the voting results for each matter presented to the Company’s stockholders:

 

                         

BROKER

 
1. Election of directors:    FOR      AGAINST      ABSTAIN      NON-VOTES  

Clay C. Williams

     303,923,953        8,735,065        128,766        26,701,456  

Greg L. Armstrong

     308,594,043        4,028,377        165,364        26,701,456  

Marcela E. Donadio

     311,118,416        1,450,321        219,047        26,701,456  

Ben A. Guill

     306,281,289        6,338,132        168,363        26,701,456  

James T. Hackett

     295,010,981        17,556,196        220,607        26,701,456  

David D. Harrison

     307,818,353        4,804,113        165,318        26,701,456  

Eric L. Mattson

     306,935,101        5,673,948        178,735        26,701,456  

Melody B. Meyer

     311,398,775        1,247,449        141,560        26,701,456  

William R. Thomas

     311,245,045        1,299,089        243,650        26,701,456  

The nine directors nominated by the Board of Directors were re-elected to serve one-year terms expiring in 2019. There were no nominees to office other than the directors elected.

 

                         

BROKER

 
     FOR      AGAINST      ABSTAIN      NON-VOTES  

2. Ratification of the appointment of Ernst & Young LLP as the Company’s independent auditors for 2018

     331,681,449        7,428,599        379,192        0  


                         

BROKER

 
     FOR      AGAINST      ABSTAIN      NON-VOTES  

3. Approval of the compensation of the Company’s named executive officers

     301,220,630        11,158,578        408,576        26,701,456  
                         

BROKER

 
     FOR      AGAINST      ABSTAIN      NON-VOTES  

4. Approval of the National Oilwell Varco, Inc. 2018 Long-Term Incentive Plan

     279,031,957        33,519,899        235,928        26,701,456  


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.

 

Date: May 11, 2018       NATIONAL OILWELL VARCO, INC.
     

/s/ Brigitte M. Hunt

     

Brigitte M. Hunt

Vice President