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Quotes & Info
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| DWSN > SEC Filings for DWSN > Form 8-K on 27-Jan-2012 | All Recent SEC Filings |
27-Jan-2012
Change in Directors or Principal Officers, Submission of Matters to a Vote
On January 24, 2012, the Board of Directors of the Company (the "Board"), on the recommendation of the Compensation Committee, approved a deferral of a portion of the fiscal 2012 salary of Stephen C. Jumper, Christina W. Hagan, C. Ray Tobias and K. S. Forsdick. The amount of deferred fiscal 2012 salary for these named executive officers is the same as the amount of fiscal 2011 salary deferred as shown in the Company's 2012 proxy statement. The deferred portion will be paid in December of 2012.
The Company's Annual Meeting of Shareholders was held on January 24, 2012.
The following proposals were adopted by the margins indicated:
1. To elect a Board of Directors to hold office until the next annual meeting of
shareholders and until their successors are elected and qualified.
Number of Shares
Broker
Director Name For Withheld Non-Votes
Paul H. Brown 5,193,902 415,098 1,608,324
Craig W. Cooper 5,325,134 283,866 1,608,324
L. Decker Dawson 4,919,850 689,150 1,608,324
Gary M. Hoover 5,293,395 315,605 1,608,324
Stephen C. Jumper 5,201,317 407,683 1,608,324
Jack D. Ladd 5,297,829 311,171 1,608,324
Ted R. North 5,293,812 315,188 1,608,324
Tim C. Thompson 4,941,534 667,466 1,608,324
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2. To ratify the appointment of KPMG LLP as the Company's independent registered public accounting firm for the fiscal year ending September 30, 2012.
Number of Shares
For 5,902,123
Against 690,182
Abstain 625,019
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Number of Shares
For 5,396,333
Against 95,047
Abstain 117,620
Broker Non-Votes 1,608,324
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4. To recommend, on an advisory basis, the frequency with which shareholders participate in an advisory vote on executive compensation.
Number of Shares
Every 1 Year 3,532,936
Every 2 Years 420,319
Every 3 Years 1,541,294
Abstain 114,451
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The Company's shareholders voted, on an advisory basis, for "Every 1 Year" as their preferred frequency of conducting future advisory votes on executive compensation. The Board has considered the voting results of this advisory vote and other factors, and the Board has determined that future advisory votes on executive compensation will be held on an annual basis until the next required shareholder advisory vote on the frequency of such votes or until the Board otherwise determines that a different frequency for such votes is in the best interests of the Company's shareholders.
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