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8-KThe WireRed Alert

Executive Change · Shareholder Vote

Filed Mar 2, 2022 · 4y ago · Accession 0000046765-22-000016

Plain English

Material event — a significant development the company must disclose promptly.

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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): March 1, 2022 HELMERICH & PAYNE, INC. (Exact name of registrant as specified in its charter) DE 1-4221 73-0679879 (State or other jurisdiction of Incorporation) (Commission File Number) (I.R.S. Employer Identification No.) 1437 South Boulder Avenue, Suite 1400 Tulsa , OK 74119 (Address of principal executive offices and zip code) ( 918 ) 742-5531 (Registrant’s telephone number, including area code) N/A (Former name or former address, if changed since last report) 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 ($0.10 par value) HP NYSE 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 (see General Instruction A.2.): ☐ 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. ☐ ITEM 5.02    DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS At the 2022 Annual Meeting of Stockholders of Helmerich & Payne, Inc. (the “Company”) held on March 1, 2022 (the “2022 Annual Meeting”), the Company’s stockholders approved the Helmerich & Payne, Inc. Amended & Restated 2020 Omnibus Incentive Plan (the “A&R 2020 Plan”). The A&R 2020 Plan is a stock and cash-based incentive plan and includes provisions by which the Company may grant executive officers, employees, consultants, and directors stock options, stock appreciation rights, restricted shares and restricted share units, share bonuses, other share-based awards, and cash awards. The A&R 2020 Plan is more fully described in the Company’s Definitive Proxy Statement (the "Proxy Statement") for its 2022 Annual Meeting of Stockholders (the “2022 Annual Meeting”). The full text of the A&R 2020 Plan was included as Appendix A to the Proxy Statement, which was filed with the Securities and Exchange Commission on January 18 , 202 2 and is incorporated herein by reference. ITEM 5.07    SUBMISSION OF MATTERS TO A VOTE OF SECURITY HOLDERS At the 2022 Annual Meeting, the Company's stockholders voted on the following matters with final voting results described below. 1.    The individuals listed below were elected at the 2022 Annual Meeting to serve as Directors of the Company until the Company's Annual Meeting of Stockholders in 2023. For Against Abstain Broker Non-Votes Delaney M. Bellinger 83,875,290 2,564,071 66,521 8,375,021 Belgacem Chariag 85,634,226 785,670 85,986 8,375,021 Kevin G. Cramton 83,857,075 2,578,952 69,855 8,375,021 Randy A. Foutch 79,927,920 6,499,654 78,308 8,375,021 Hans Helmerich 85,090,113 1,345,169 70,600 8,375,021 John W. Lindsay 85,716,040 673,165 116,677 8,375,021 José R. Mas 83,776,383 2,653,129 76,370 8,375,021 Thomas A. Petrie 82,843,704 3,585,979 76,199 8,375,021 Donald F. Robillard, Jr. 83,647,378 2,785,479 73,025 8,375,021 Edward B. Rust Jr. 82,826,298 3,600,845 78,739 8,375,021 Mary M. VanDeWeghe 83,758,734 2,672,482 74,666 8,375,021 John D. Zeglis 82,825,255 3,608,997 71,630 8,375,021 2.    The proposal to ratify the appointment of Ernst & Young LLP as the Company's independent auditors for the Company's fiscal year ending September 30, 2022 was approved. For Against Abstain Broker Non-Votes 92,622,778 2,094,017 164,108 — 3.    The advisory vote on the compensation of the Company's executives named in the Proxy Statement for the 2022 Annual Meeting was approved. For Against Abstain Broker Non-Votes 70,447,779 15,519,205 538,898 8,375,021 4.    The proposal to approve the A&R 2020 Plan was approved. For Against Abstain Broker Non-Votes 81,438,409 4,569,325 498,148 8,375,021 ITEM 8.01      OTHER EVENTS The Directors of the Company, at a Board of Directors meeting held on March 2, 2022, declared a quarterly cash dividend of $0.25 per share on the Company's common stock, payable on May 27, 2022, to stockholders of record at the close of business May 13, 2022. SIGNATURE   Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.       HELMERICH & PAYNE, INC.     By: /s/ William H. Gault   Name: William H. Gault   Title: Corporate Secretary Date: March 2, 2022
Filing details
Ticker
HP
CIK
46765
Form type
8-K
Filing date
Mar 2, 2022
Report date
Mar 1, 2022
Document
hp-20220301.htm
Size
188 KB