8-K
false 0001599617 0001599617 2022-05-25 2022-05-25

 

 

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) May 25, 2022

 

 

NOW INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-36325   46-4191184

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

7402 North Eldridge Parkway

Houston, Texas

  77041
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: 281-823-4700

(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:

 

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))

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                      

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.  ☐

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, par value $0.01   DNOW   New York Stock Exchange

 

 

 


Item 5.07

Submission of Matters to a Vote of Security Holders

On May 25, 2022, NOW Inc. (the “Company”) held its Annual Meeting of Stockholders where the following matters were voted upon and approved by the Company’s stockholders:

 

1.

the election of five members to the Board of Directors;

 

2.

the ratification of the appointment of Ernst & Young LLP as the Company’s independent auditors for 2022; and

 

3.

the approval, on an advisory basis, of the compensation of our named executive officers.

The following is a summary of the voting results for each matter presented to the Company’s stockholders:

 

1. Election of directors:   

FOR

    

AGAINST

    

ABSTAIN

    

BROKER
NON-VOTES

 

Terry Bonno

     88,914,647        4,169,973        120,529        8,357,589  

David Cherechinsky

     92,368,571        808,915        27,663        8,357,589  

Galen Cobb

     92,429,376        656,429        119,344        8,357,589  

James Crandell

     87,554,276        5,531,956        118,917        8,357,589  

Sonya Reed

     90,910,692        2,174,335        120,122        8,357,589  

The five directors nominated by the Board of Directors were re-elected to serve a one-year term expiring in 2023. There were no nominees to office other than the directors elected.

 

    

FOR

    

AGAINST

    

ABSTAIN

    

BROKER
NON-VOTES

 

2. Ratification of the appointment of Ernst & Young LLP as the Company’s independent auditors for 2022

     100,608,379        904,612        49,747        0  

 

    

FOR

    

AGAINST

    

ABSTAIN

    

BROKER
NON-VOTES

 

3. Approval of the compensation of the Company’s named executive officers

     85,006,521        8,048,708        149,920        8,357,589  


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.

 

Date: May 25, 2022       NOW INC.
     

/s/ Raymond W. Chang

     

Raymond W. Chang

Vice President & General Counsel