--- schema_version: "secwatch.filing_event.v1" accession: "0001104659-23-057221" form_type: "8-K" ticker: "WTTR" cik: "0001693256" company_name: "Select Water Solutions, Inc." filed_at: "2023-05-08T23:59:59+00:00" generated_at: "2026-06-15T13:40:43.468004+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.6 calibrated_materiality_score: 0.6 confidence: "high" source: SEC EDGAR --- # Select Energy Services renames to Select Water Solutions; CEO gets new employment pact ## Summary - CEO Schmitz new employment agreement through Dec 2025: $800k salary, 115% bonus target, 2x severance (3x on change in control). - Stockholders approved name change to Select Water Solutions, Inc.; effective May 8, 2023; ticker WTTR unchanged. - Officer exculpation amendment to charter approved per new Delaware law provisions. - All director nominees elected; Grant Thornton ratified as independent auditor for FY2023. - Annual meeting votes passed with 78.65% quorum of shares present. ## SEC filing metadata - accession: 0001104659-23-057221 - form_type: 8-K - ticker: WTTR - cik: 0001693256 - company_name: Select Water Solutions, Inc. - filed_at: 2023-05-08T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.6 - calibrated_materiality_score: 0.6 - confidence: high - sec_items: 5.02, 5.03, 5.07, 7.01, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1693256/000110465923057221/0001104659-23-057221-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1693256/000110465923057221/tm2314960d1_8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001104659-23-057221 - JSON: https://secwatch.observer/filing/0001104659-23-057221.json - Plain text: https://secwatch.observer/filing/0001104659-23-057221.txt ## Key facts - Governance Changes Select Water Solutions, Inc.: Amended and restated certificate of incorporation to add officer exculpation under Delaware law and change company name to Select Water Solutions, Inc (effective 2023-05-08). - Change: charter amendment - Effective: 2023-05-08 source text: the Company’s stockholders approved an amendment and restatement (the “A&R Certificate”) of the Company’s Fourth Amended and Restated Certificate of Incorporation (the “Current Certificate”) to, among other things, reflect new Delaware law provisions regarding officer exculpation and to change the name of the Company to Select Water Solutions, Inc. evidence_url: https://www.sec.gov/Archives/edgar/data/1693256/000110465923057221/0001104659-23-057221-index.htm - Governance Changes Select Water Solutions, Inc.: Amended and restated bylaws to reflect name change and update for changes to Delaware law (Sections 141(k), 222, 232 of DGCL) and adoption of Rule 14a-19 (effective 2023-05-08). - Change: bylaw amendment - Effective: 2023-05-08 source text: The Board also approved an amendment and restatement (the “A&R Bylaws”) of the Company’s Second Amended and Restated Bylaws to, among other things, reflect the name change and certain changes to law, including the amendment of Sections 141(k), 222 and 232 of the Delaware General Corporation Law and the adoption of Rule 14a-19 under the Securities Exchange Act of 1934, as amended. The A&R Bylaws became effective immediately upon the A&R Certificate becoming effective on May 8, 2023. evidence_url: https://www.sec.gov/Archives/edgar/data/1693256/000110465923057221/0001104659-23-057221-index.htm - Shareholder Votes Select Water Solutions, Inc. shareholders approved Election of Directors at the 2023-05-04 meeting. - Proposal: director election - Outcome: passed - Meeting: 2023-05-04 source text: Proposal 1 – Election of Directors. NOMINEES FOR AGAINST WITHHOLD BROKER NON-VOTES Gayle L. Burleson 74,946,796 0 14,272,856 10,585,199 Richard A. Burnett 88,632,605 0 587,047 10,585,199 Luis Fernandez-Moreno 72,436,365 0 16,783,287 10,585,199 Robin H. Fielder 85,909,774 0 3,309,878 10,585,199 John D. Schmitz 88,638,833 0 580,819 10,585,199 Troy W. Thacker 85,834,581 0 3,385,071 10,585,199 Douglas J. Wall 67,314,918 0 21,904,734 10,585,199 evidence_url: https://www.sec.gov/Archives/edgar/data/1693256/000110465923057221/0001104659-23-057221-index.htm - Shareholder Votes Select Water Solutions, Inc. shareholders approved Approval of the amendment and restatement of the Company’s Fourth Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation at the 2023-05-04 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-05-04 source text: Proposal 3 – Approval of the amendment and restatement of the Company’s Fourth Amended and Restated Certificate of Incorporation to reflect new Delaware law provisions regarding officer exculpation . FOR AGAINST ABSTAIN BROKER NON- VOTES 78,100,861 10,327,446 791,345 10,585,199 evidence_url: https://www.sec.gov/Archives/edgar/data/1693256/000110465923057221/0001104659-23-057221-index.htm - Shareholder Votes Select Water Solutions, Inc. shareholders approved Ratification of the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2023 at the 2023-05-04 meeting. - Proposal: auditor ratification - Outcome: passed - Meeting: 2023-05-04 source text: Proposal 2 – Ratification of the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for fiscal year 2023. FOR AGAINST ABSTAIN 99,087,138 113,176 604,537 evidence_url: https://www.sec.gov/Archives/edgar/data/1693256/000110465923057221/0001104659-23-057221-index.htm - Shareholder Votes Select Water Solutions, Inc. shareholders approved Approval of the amendment and restatement of the Company’s Fourth Amended and Restated Certificate of Incorporation to, among other things, change the name of the Company to Select Water Solutions, Inc. at the 2023-05-04 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2023-05-04 source text: Proposal 4 – Approval of the amendment and restatement of the Company’s Fourth Amended and Restated Certificate of Incorporation to, among other things, change the name of the Company to Select Water Solutions, Inc . FOR AGAINST ABSTAIN 98,976,094 247,905 580,852 evidence_url: https://www.sec.gov/Archives/edgar/data/1693256/000110465923057221/0001104659-23-057221-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.