8-K 1 a19-11205_18k.htm 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

Pursuant to Section 13 or 15(d)

 

of the Securities Exchange Act of 1934

 

Date of Report (date of earliest event reported): June 12, 2019 (June 11, 2019)

 

EQUITRANS MIDSTREAM CORPORATION

(Exact name of registrant as specified in its charter)

 

Pennsylvania

 

001-38629

 

83-0516635

(State or other jurisdiction
of incorporation)

 

(Commission
File Number)

 

(I.R.S. Employer
Identification No.)

 

625 Liberty Avenue, Suite 2000
Pittsburgh, Pennsylvania

 

15222

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (412) 395-2688

 

None

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):

 

o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading Symbol(s)

 

Name of each exchange on which
registered

Common Stock, no par value

 

ETRN

 

New York Stock Exchange

 

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 Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company o

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.              o

 

 

 

 

Item 5.07.  Submission of Matters to a Vote of Security Holders.

 

At the Annual Meeting of Shareholders of Equitrans Midstream Corporation (the Company) held on June 11, 2019, the Company’s shareholders considered four proposals, each of which is described in more detail in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on April 26, 2019 (the Proxy Statement).  The final vote results for each proposal were as follows:

 

Proposal 1*

 

Shares
For

 

% Cast
For

 

Shares
Against

 

% Cast
Against

 

Shares
Abstained

 

Broker
Non-Votes

 

Elected the individuals set forth below to the Board of Directors to serve a one-year term expiring at the 2020 annual meeting:

 

 

 

 

 

 

 

 

 

 

 

 

 

·  Vicky A. Bailey

 

219,954,003

 

90.44

%

3,236,607

 

1.33

%

0

 

20,018,329

 

·  Kenneth M. Burke

 

220,284,164

 

90.57

%

2,906,446

 

1.20

%

0

 

20,018,329

 

·  Margaret K. Dorman

 

221,870,503

 

91.23

%

1,320,107

 

0.54

%

0

 

20,018,329

 

·  Thomas F. Karam

 

221,785,140

 

91.19

%

1,405,470

 

0.58

%

0

 

20,018,329

 

·  David L. Porges

 

213,953,779

 

87.97

%

9,236,831

 

3.80

%

0

 

20,018,329

 

·  Norman J. Szydlowski

 

221,904,177

 

91.24

%

1,286,433

 

0.53

%

0

 

20,018,329

 

·  Robert F. Vagt

 

220,283,387

 

90.57

%

2,907,223

 

1.20

%

0

 

20,018,329

 

 

Proposal 2*

 

Shares
For

 

% Cast
For

 

Shares
Against

 

% Cast
Against

 

Shares
Abstained

 

Broker
Non-Votes

 

Approved, on an advisory basis, the compensation of the Company’s named executive officers for 2018.

 

219,253,162

 

90.15

%

3,589,070

 

1.48

%

348,378

 

20,018,329

 

 

Proposal 3*

 

1 Year

 

2 Years

 

3 Years

 

Shares
Abstained

 

Broker
Non-Votes

 

Approved, on an advisory basis, the annual inclusion of a say-on-pay proposal in the Company’s proxy statement.

 

219,234,640

 

1,951,901

 

1,756,321

 

247,748

 

20,018,329

 

 

Based on these results, and consistent with the Company’s recommendation, the Board of Directors has determined that the Company will hold an advisory vote on executive compensation every year until the next shareholder advisory vote on the frequency of say-on-pay proposals.

 

Proposal 4*

 

Shares
For

 

% Cast
For

 

Shares
Against

 

% Cast
Against

 

Shares
Abstained

 

Broker
Non-Votes

 

Ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2019.

 

242,706,039

 

99.79

%

310,182

 

0.13

%

192,718

 

N/A

 

 

* For purposes of all proposals above, abstentions, broker non-votes and the failure to vote were not votes cast and, accordingly, had no effect on the outcome of such proposals.

 

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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 hereunto duly authorized.

 

 

EQUITRANS MIDSTREAM CORPORATION

 

 

 

Date: June 12, 2019

By:  

/s/ Kirk R. Oliver

 

Name:

 

Kirk R. Oliver

 

Title:

 

Senior Vice President and Chief Financial Officer

 

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