Flotek Industries Files 8-K on Shareholder Votes

TL;DR

Flotek Industries held a shareholder vote on June 5th; details to follow.

AI Summary

Flotek Industries, Inc. filed an 8-K on June 5, 2024, to report on matters submitted to a vote of its security holders. The filing details the company's corporate actions and governance decisions presented to its shareholders.

Why It Matters

This filing indicates that Flotek Industries held a shareholder meeting where important corporate decisions were put to a vote, impacting the company's governance and future direction.

Risk Assessment

Risk Level: low — This is a routine filing reporting on shareholder votes, not indicating any immediate financial distress or significant operational change.

Key Players & Entities

• Flotek Industries, Inc. (company) — Registrant
• June 5, 2024 (date) — Date of Report
• Delaware (jurisdiction) — State of Incorporation
• 713-849-9911 (phone_number) — Registrant's telephone number
• 5775 N. Sam Houston Parkway W., Suite 400, Houston, TX, 77086 (address) — Principal executive office address

FAQ

Key Financial Figures

• $0.0001 — ange on which registered Common Stock, $0.0001 par value FTK NYSE Indicate by check

Filing Documents

• usgaap-20240605.htm (8-K) — 36KB
• 0000928054-24-000064.txt ( ) — 170KB
• usgaap-20240605.xsd (EX-101.SCH) — 2KB
• usgaap-20240605_def.xml (EX-101.DEF) — 4KB
• usgaap-20240605_lab.xml (EX-101.LAB) — 23KB
• usgaap-20240605_pre.xml (EX-101.PRE) — 15KB
• usgaap-20240605_htm.xml (XML) — 3KB

07

Item 5.07 Submission of Matters to a Vote of Security Holders On June 5, 2024, Flotek Industries, Inc. (the "Company") held its annual meeting of shareholders (the "Meeting"). At the Meeting, the Company's shareholders: (1) elected all six director candidates, (2) approved, on a non-binding, advisory basis, the compensation of the Company's named executive officers, (3) ratified the appointment of KPMG, LLP as the Company's independent auditor for 2024, and (4) approved an amendment to the Flotek Industries, Inc. 2018 Long-Term Incentive Plan. A total of 25,058,651 shares of common stock of the Company attended the Meeting by proxy or in person, representing 84.5% of the Company's outstanding common stock entitled to vote as of April 8, 2024, the record date. The results of the voting were as follows:

: Election of Directors

Item 1: Election of Directors. Nominee For Against Abstain Broker Non-Votes Harsha V. Agadi 19,138,409 515,111 35,326 5,369,805 Ryan G. Ezell 19,533,807 120,490 34,549 5,369,805 Evan R. Farber 19,295,843 323,157 69,846 5,369,805 Michael Fucci 19,440,408 178,641 69,797 5,369,805 Lisa Mayr 19,411,030 231,369 46,447 5,369,805 Matt D. Wilks 19,487,333 166,870 34,643 5,369,805

: Advisory vote to approve named executive officer compensation

Item 2: Advisory vote to approve named executive officer compensation. For Against Abstain Broker Non-Votes 19,067,258 551,669 69,889 5,369,805

: Ratification of appointment of KPMG LLP as independent auditor for 2024

Item 3: Ratification of appointment of KPMG LLP as independent auditor for 2024. For Against Abstain Broker Non-Votes 24,550,939 166,772 340,940 N/A

: Approval of an amendment to the Flotek Industries, Inc. 2018 Long-Term Incentive Plan

Item 4: Approval of an amendment to the Flotek Industries, Inc. 2018 Long-Term Incentive Plan. For Against Abstain Broker Non-Votes 19,240,595 345,026 103,225 5,369,805

SIGNATURES

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. FLOTEK INDUSTRIES, INC. Date: June 5, 2024 /s/ Bond Clement Name: Bond Clement Title: Chief Financial Officer

View Full Filing

View this 8-K filing on SEC EDGAR