Devon Energy Corp 8-K, filed Jun 6, 2024
Devon Energy Corp (DVN)
About this 8-K
Devon Energy Corp filed this 8-K on June 6, 2024, reporting on events of June 5, 2024.
Items reported
- Item 5.07: Shareholder vote results
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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| Item 5.07 | Submission of Matters to a Vote of Security Holders. |
Devon Energy Corporation (“Devon” or the “Company”) held its 2024 Annual Meeting of Stockholders on June 5, 2024 (the “Annual Meeting”). In connection with the Annual Meeting, proxies were solicited pursuant to the Securities Exchange Act of 1934. As of the close of business on April 8, 2024, which was the record date for the Annual Meeting, there were 632,639,718 shares of the Company’s common stock outstanding, each of which was entitled to one vote at the Annual Meeting. The following are the voting results for the items of business considered and voted upon at the Annual Meeting, all of which were described in the Company’s Proxy Statement filed with the Securities and Exchange Commission on April 25, 2024.
| 1. | The stockholders elected each of Devon’s eleven nominees to serve on the Board for a one-year term and until their successor is elected and qualified, or until their earlier resignation, removal or death. The vote tabulation with respect to each nominee was as follows: |
| NOMINEE |
VOTES FOR |
AUTHORITY WITHHELD |
BROKER NON-VOTES |
|||||||||
| Barbara M. Baumann |
408,589,678 | 10,019,316 | 109,605,534 | |||||||||
| John E. Bethancourt |
412,669,812 | 5,939,182 | 109,605,534 | |||||||||
| Ann G. Fox |
409,868,318 | 8,740,676 | 109,605,534 | |||||||||
| Gennifer F. Kelly |
415,606,871 | 3,002,123 | 109,605,534 | |||||||||
| Kelt Kindick |
407,685,359 | 10,923,635 | 109,605,534 | |||||||||
| John Krenicki Jr. |
414,104,387 | 4,504,607 | 109,605,534 | |||||||||
| Karl F. Kurz |
405,481,911 | 13,127,083 | 109,605,534 | |||||||||
| Michael N. Mears |
413,496,111 | 5,112,883 | 109,605,534 | |||||||||
| Robert A. Mosbacher, Jr. |
394,294,985 | 24,314,009 | 109,605,534 | |||||||||
| Richard E. Muncrief |
413,336,585 | 5,272,409 | 109,605,534 | |||||||||
| Valerie M. Williams |
409,589,643 | 9,019,351 | 109,605,534 | |||||||||
| 2. | The appointment of KPMG LLP as Devon’s independent auditors for 2024 was ratified. The results of the vote were as follows: |
| VOTES |
VOTES |
VOTES |
BROKER | |||
| 504,128,624 | 23,248,670 | 837,234 | — |
| 3. | The advisory vote on the compensation of Devon’s named executive officers was approved. The results of the vote were as follows: |
| VOTES |
VOTES |
VOTES |
BROKER | |||
| 392,041,590 | 24,769,354 | 1,798,050 | 109,605,534 |
| 4. | The vote on a stockholder proposal for a bylaw amendment relating to stockholder approval of director compensation was not approved. The results of the vote were as follows: |
| VOTES |
VOTES |
VOTES |
BROKER | |||
| 9,658,607 | 406,591,829 | 2,358,558 | 109,605,534 |
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits |
| Exhibit No. |
Description of Exhibits | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). | |
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.
| DEVON ENERGY CORPORATION | ||
| By: | /s/ Christopher J. Kirt | |
| Christopher J. Kirt | ||
| Vice President Corporate Governance and Secretary | ||
Date: June 6, 2024