Form 8-K

 

 

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 21, 2016

 

 

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)

 

(I.R.S. Employer

Identification No.)

 

601 Poydras Street, Suite 1500

New Orleans, Louisiana

  70130
(Address of principal executive offices)   (Zip Code)

(504) 568-1010

(Registrant’s telephone number, including area code)

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:

 

¨ 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))

 

 

 


Item 5.07 Submission of Matters to a Vote of Security Holders

The Company held its 2016 annual meeting of stockholders (the “Annual Meeting”) on July 21, 2016 in Houston, Texas. As of May 31, 2016, the record date for the meeting, the Company had 47,067,714 shares of common stock outstanding. Of that number, 41,650,709 shares were represented in person or by proxy at the Annual Meeting. The Company’s stockholders voted on the following three proposals at the Annual Meeting, casting their votes as described below.

Proposal 1: Election of Eleven Directors

Each of the 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 Withheld      Broker
Non-Votes
 

M. Jay Allison

     32,779,424         572,520         8,298,765   

James C. Day

     32,793,470         558,474         8,298,765   

Richard T. du Moulin

     32,745,463         606,480         8,298,765   

Morris E. Foster

     32,770,775         581,168         8,298,765   

J. Wayne Leonard

     29,494,193         3,857,751         8,298,765   

Richard D. Paterson

     32,968,189         383,754         8,298,765   

Richard A. Pattarozzi

     32,748,750         603,194         8,298,765   

Jeffrey M. Platt

     32,798,281         553,662         8,298,765   

Robert L. Potter

     32,785,131         566,813         8,298,765   

Cindy B. Taylor

     30,806,522         2,545,422         8,298,765   

Jack E. Thompson

     32,735,991         615,952         8,298,765   

Proposal 2: Advisory Say-on-Pay Vote

Proposal 2 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

31,985,101

   1,239,647    127,195    8,298,765

Proposal 3: Ratification of the Appointment of Auditors

Proposal 3 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 March 31, 2017. This proposal was approved.

 

Votes For

  

Votes Against

  

Abstentions

41,243,748

   274,556    132,404


SIGNATURE

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.
July 25, 2016      

/s/ Bruce D. Lundstrom

      Bruce D. Lundstrom
      Executive Vice President,
      Secretary and General Counsel