other material
confidence high
sentiment neutral
materiality 0.50
Patterson-UTI shareholders approve all proposals, including LTIP share increase and officer liability limitation
PATTERSON UTI ENERGY INC
- All 11 director nominees elected; largest withhold of 54.5M shares against James C. Stewart.
- Ratification of PwC as auditor: 349M for, 15M against, 353K abstentions.
- LTIP amendment approved: 319M for, 21M against; adds 20M shares to the pool.
- Advisory say-on-pay approved: 327M for, 13M against, 560K abstentions.
- Certificate amendment to limit officer liability approved: 307M for, 33M against, 513K abstentions.