UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
DATE OF REPORT: June 18, 2018
(Date of earliest event reported)
Forbes Energy Services Ltd.
(Exact Name of Registrant as Specified in Its Charter)
| | | | |
| Delaware | | 001-35281 | | 98-0581100 |
(State or other jurisdiction of incorporation or organization) | | (Commission File Number) | | (I.R.S. Employer Identification Number) |
| | |
| 3000 South Business Highway 281 Alice, Texas | | 78332 |
| (Address of Principal Executive Offices) | | (Zip Code) |
(361)664-0549
(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 Form8-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 Rule14a-12 under the Exchange Act (17 CFR240.14a-12) |
| ☐ | Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR240.14d-2(b)) |
| ☐ | Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR240.13e-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 (§230.405 of this chapter) or Rule12b-2 of the Securities Exchange Act of 1934(§240.12b-2 of this chapter). ☐
Emerging growth company ☐
Item 5.07—Submission of Matters to a Vote of Security Holders
On June 18, 2018, Forbes Energy Services Ltd. (the “Company”) held its 2018 annual meeting of stockholders. The matters voted on and the results of the voting were as follows:
Proposal No. 1:Our stockholdersre-elected Lawrence First and Brett Wyard as directors of the Company;
| | | | | | |
| Director Nominee | | For | | Withheld | | BrokerNon-Votes |
Lawrence First | | 3,323,978 | | 616,173 | | 1,244,141 |
Brett Wyard | | 3,327,192 | | 612,959 | | 1,244,141 |
Proposal No. 2:Our stockholders approved a proposal to ratify the appointment of BDO USA, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2018.
| | | | |
| For | | Against | | Abstain |
5,184,292 | | 0 | | 0 |
Proposal No. 3:Our stockholders considered anon-binding, advisory vote to approve the compensation of the Company’s named executive officers.
| | | | | | |
| For | | Against | | Abstain | | BrokerNon-Votes |
3,938,148 | | 2,003 | | 0 | | 1,244,141 |
Proposal No. 4:Our stockholders considered anon-binding, advisory vote on the frequency for stockholders’non-binding, advisory vote on executive officers’ compensation.
| | | | | | |
| 1 Year | | 2 Year | | 3 Year | | Abstain |
1,616,551 | | 467 | | 2,320,133 | | 3,000 |
In accordance with the stockholders’ recommendation, the Company has determined that anon-binding, advisory vote on executive officers’ compensation will be conducted every three years, until the next stockholdernon-binding, advisory vote on the frequency for stockholders’non-binding, advisory vote on executive officers’ compensation.
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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 thereunto duly authorized.
| | | | |
| | Forbes Energy Services Ltd. |
| | |
Date: June 22, 2018 | | By: | | /s/ L. Melvin Cooper |
| | | | L. Melvin Cooper |
| | | | Senior Vice President and Chief Financial Officer |
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