Flotek Industries Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$FTK
Major Chemicals
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
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Item 5.07 | Submission of Matters to a Vote of Security Holders | ||||
On May 16, 2025 , Flotek Industries, Inc. (the “Company”) held its annual meeting of shareholders (the “Meeting”). At the Meeting, the Company’s shareholders: (1) elected all six director candidates, (2) approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers, (3) ratified the appointment of KPMG, LLP as the Company’s independent auditor for 2025, (4) approved an amendment to the Flotek Industries, Inc. 2018 Long-Term Incentive Plan, and (5) approved amendments to the Flotek Industries, Inc. 2012 Employee Stock Purchase Plan.
A total of 25,803,763 shares of common stock of the Company attended the Meeting by proxy or in person, representing 86.5% of the Company’s outstanding common stock entitled to vote as of March 20, 2025, the record date. The results of the voting were as follows:
Item 1: Election of Directors.
| Nominee | For | Against | Abstain | Broker Non-Votes | ||||||||||
| Harsha V. Agadi | 22,279,747 | 290,714 | 3,704 | 3,229,598 | ||||||||||
| Ryan G. Ezell | 22,524,976 | 45,937 | 3,252 | 3,229,598 | ||||||||||
| Evan R. Farber | 22,285,371 | 269,309 | 19,485 | 3,229,598 | ||||||||||
| Michael Fucci | 22,456,605 | 94,537 | 23,023 | 3,229,598 | ||||||||||
| Lisa Mayr | 22,510,851 | 44,880 | 18,434 | 3,229,598 | ||||||||||
| Matt D. Wilks | 18,347,517 | 4,223,480 | 3,168 | 3,229,598 | ||||||||||
Item 2: Advisory vote to approve named executive officer compensation.
| For | Against | Abstain | Broker Non-Votes | ||||||||
| 22,375,059 | 190,354 | 8,752 | 3,229,598 | ||||||||
Item 3: Ratification of appointment of KPMG LLP as independent auditor for 2025.
| For | Against | Abstain | Broker Non-Votes | ||||||||
| 10,640,478 | 87,954 | 15,075,331 | N/A | ||||||||
Item 4: Approval of amendment to the Flotek Industries, Inc. 2018 Long-Term Incentive Plan.
| For | Against | Abstain | Broker Non-Votes | ||||||||
| 22,279,142 | 287,070 | 7,953 | 3,229,598 | ||||||||
Item 5: Approval of amendments to the Flotek Industries, Inc. 2012 Employee Stock Purchase Plan.
| For | Against | Abstain | Broker Non-Votes | ||||||||
| 22,400,661 | 166,982 | 6,522 | 3,229,598 | ||||||||
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.
| FLOTEK INDUSTRIES, INC. | ||||||||
Date: | /s/ Bond Clement | |||||||
| Name: | Bond Clement | |||||||
| Title: | Chief Financial Officer | |||||||