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 6, 2014
________________________
McDermott International, Inc.
(Exact
name of registrant as specified in its charter)
________________________
REPUBLIC OF PANAMA |
001-08430 |
72-0593134 |
(State or other jurisdiction |
(Commission |
(IRS Employer |
of incorporation) |
File Number) |
Identification No.) |
757 N. Eldridge Parkway Houston, Texas |
77079 |
|
(Address of principal executive offices) |
(Zip Code) |
Registrant’s Telephone Number, including Area Code: (281) 870-5000
(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))
________________________
Item 5.07 Submission of Matters to a Vote of Security Holders.
Results of Annual Meeting of Stockholders
McDermott International, Inc. held its 2014 Annual Meeting of Stockholders (the “Annual Meeting”) on Tuesday, May 6, 2014, in Houston, Texas. Set forth below are the final voting results on each matter submitted to a vote of stockholders at the Annual Meeting. Each proposal is described in more detail in our Proxy Statement for the Annual Meeting dated March 24, 2014.
Proposal 1: The stockholders elected each of the eight director nominees to our Board of Directors for a one-year term, with the voting results as follows:
Nominee | Votes For | Votes Withheld | Broker Non-Votes | |||
John F. Bookout, III | 169,072,131 | 20,650,893 | 31,264,585 | |||
Roger A. Brown | 168,598,915 | 21,124,109 | 31,264,585 | |||
David Dickson | 185,505,667 | 4,217,357 | 31,264,585 | |||
Stephen G. Hanks | 171,433,803 | 18,289,221 | 31,264,585 | |||
Gary P. Luquette | 185,451,838 | 4,271,186 | 31,264,585 | |||
William H. Schumann, III | 185,397,471 | 4,325,553 | 31,264,585 | |||
Mary L. Shafer-Malicki | 171,370,736 | 18,352,288 | 31,264,585 | |||
David A. Trice | 171,200,312 | 18,522,712 | 31,264,585 |
Proposal 2: The stockholders approved, on an advisory basis, our named executive officer compensation, with the voting results as follows:
For | Against | Abstentions | Broker Non-Votes | |||
160,881,153 | 26,043,958 | 2,797,913 | 31,264,585 |
Proposal 3: The stockholders approved the 2014 McDermott International, Inc. Long-Term Incentive Plan, with the voting results as follows:
For | Against | Abstentions | Broker Non-Votes | |||
172,246,466 | 14,833,411 | 2,643,147 | 31,264,585 |
Proposal 4: The stockholders ratified the appointment of Deloitte & Touche LLP as our independent registered public accounting firm for the year ending December 31, 2014, with the voting results as follows:
For | Against | Abstentions | ||
212,898,743 | 2,591,075 | 5,497,791 |
A copy of our press release announcing the results of the Annual Meeting is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
99.1 Press Release Announcing the Results of the Annual Meeting dated May 6, 2014.
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 thereunto duly authorized.
McDERMOTT INTERNATIONAL, INC. |
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By: |
/s/ Perry L. Elders |
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Perry L. Elders |
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Senior Vice President and Chief Financial Officer |
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May 6, 2014 |
INDEX TO EXHIBITS
Exhibit Number |
Description |
99.1 |
Press Release Announcing the Results of the Annual Meeting dated May 6, 2014. |
5
Exhibit 99.1
McDermott Announces Results of Stockholders’ Meeting
HOUSTON--(BUSINESS WIRE)--May 6, 2014--McDermott International, Inc. (NYSE: MDR) (“McDermott” or the “Company”) announced today the results of its 2014 Annual Meeting of Stockholders, held Tuesday morning, May 6, 2014 in Houston, Texas.
Based on the voting results from the meeting, shareholders re-elected Messrs. John F. Bookout, III, Roger A. Brown, Stephen G. Hanks, William H. Schumann, III and David A. Trice and Ms. Mary L. Shafer-Malicki, and elected Messrs. David Dickson and Gary P. Luquette, to McDermott’s Board of Directors, all for one-year terms.
In addition, shareholders approved, on an advisory basis, the Company’s named executive officer compensation, approved the Company’s 2014 Long-Term Incentive Plan and ratified the appointment of Deloitte & Touche LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2014.
OTHER INFORMATION
About the Company
McDermott is a leading provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide. McDermott delivers fixed and floating production facilities, pipelines and subsea systems from concept to commissioning for complex Offshore and Subsea oil and gas projects to help oil companies safely produce and transport hydrocarbons. Operating in more than 20 countries across the world, McDermott’s locally focused and globally integrated resources include approximately 14,000 employees, a diversified fleet of specialty marine construction vessels, fabrication facilities and engineering offices.
To learn more, please visit our website at www.mcdermott.com
CONTACT:
McDermott International, Inc.
Investors,
Analysts and Financial Media:
Steve Oldham, +1-281-870-5147
soldham@mcdermott.com