California Resources Corporation | |||
(Exact Name of Registrant as Specified in Charter) | |||
Delaware | 001-36478 | 46-5670947 | |
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |
9200 Oakdale Avenue, Suite 900 Los Angeles, California | 91311 | ||
(Address of Principal Executive Offices) | (Zip Code) |
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
(a) | California Resources Corporation 2017 Annual Meeting of Stockholders (the “Annual Meeting”) was held on May 10, 2017. |
(b) | The following actions were taken at the Annual Meeting, for which proxies were solicited pursuant to Regulation 14A under the Securities Exchange Act of 1934, as amended, and the final number of votes cast for, against or withheld, abstain and broker non-votes for each matter are set forth below: |
1. | The three nominees to be Class I directors proposed by the Board of Directors were elected by the following votes: |
Nominee | For | Against | Abstentions | Broker None-Votes | ||||||
William E. Albrecht | 22,422,098 | 314,563 | 38,508 | 14,134,990 | ||||||
Richard W. Moncrief | 22,535,542 | 199,192 | 40,435 | 14,134,990 | ||||||
Todd A. Stevens | 22,550,659 | 187,541 | 36,969 | 14,134,990 |
2. | The ratification of the selection of KPMG as our independent registered public accounting firm for fiscal 2017 was approved. The proposal received 36,654,723 votes for; 175,625 votes against; and 79,811 abstentions. |
3. | The advisory vote to approve named executive officer compensation was approved. The proposal received 19,396,610 votes for; 3,307,909 votes against; 70,650 abstentions and 14,134,990 broker non-votes. |
California Resources Corporation | |
/s/ Roy Pineci | |
Name: | Roy Pineci |
Title: | Executive Vice President - Finance |