Battalion Oil Corp 8-K, filed Nov 21, 2024
Battalion Oil Corp (BATL)
About this 8-K
Battalion Oil Corp filed this 8-K on November 21, 2024.
Items reported
- Item 5.07: Shareholder vote results
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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CURRENT REPORT
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Item 5.07 | Submission of Matters to a Vote of Security Holders. |
Battalion Oil Corporation (the “Company”) held its Annual Meeting of Stockholders on November 21, 2024, (the “2024 Annual Meeting”), at which the Company’s stockholders voted on three proposals.
The first proposal was to elect six nominees to serve as directors of the Company until the next annual meeting of stockholders, and until their successors are elected and qualified or until their earlier resignation, removal from office, death or incapacity.
The election of each of the six directors was approved as follows:
Proposal 1 — |
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Nominees for Directors |
| Votes For |
| Withheld |
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Jonathan D. Barrett |
| 14,057,241 | | 362,186 | |
David Chang |
| 14,060,306 | | 359,121 | |
Gregory S. Hinds |
| 14,069,967 | | 349,460 | |
Ajay Jegadeesan |
| 14,067,399 | | 352,028 | |
William D. Rogers |
| 13,749,062 | | 670,365 | |
Matthew B. Steele | | 14,071,496 | | 347,931 | |
The second proposal was the approval, on a non-binding, advisory basis, of the compensation of the Company’s named executive officers. The compensation of the Company’s named executive officers was approved as follows:
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Proposal 2 |
| Votes For |
| Votes Against |
| Abstentions |
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Advisory vote on executive compensation |
| 13,916,239 | | 312,832 | | 190,356 |
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The third proposal was a non-binding advisory vote on the stockholders’ preference as to how frequently the Company should seek future advisory votes on the compensation of the Company’s named executive officers. The frequency on which the Company should seek future advisory votes on the compensation of the Company’s named executive officers was approved as follows:
Proposal 3 |
| 1 Year |
| 2 Years |
| 3 Years |
| Abstentions |
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Frequency of advisory vote on executive compensation |
| 11,375,124 | | 101,571 | | 2,923,433 | | 19,299 |
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Based upon the results of the stockholder vote on Proposal 3, the Company intends to submit to its stockholders a non-binding advisory vote on executive compensation at its annual meeting every year until the next advisory vote on the frequency of stockholder voting on executive compensation.
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SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| BATTALION OIL CORPORATION | |
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November 21, 2024 | By: | /s/ Matthew B. Steele |
| Name: | Matthew B. Steele |
| Title: | Chief Executive Officer |
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