SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report: May 9, 2018
(Date of earliest event reported)
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
2331 CityWest Boulevard
Houston, Texas 77042
(Address of principal executive offices and zip code)
(Registrant’s telephone number, including area code)
(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. □
Item 5.02 Departure of Directors or Certain Officers; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
William R. Loomis, Jr., member of the Board of Directors of Phillips 66 (the “Company”), has tendered his retirement, effective May 9, 2018. At the time of his retirement, Mr. Loomis was Chair of the Nominating and Governance Committee and a member of the Audit and Finance Committee, Executive Committee and Public Policy Committee of the Board of Directors. Mr. Loomis’ retirement from the Board of Directors is not a result of any dispute or disagreement with the Company.
Item 5.07 Submission of Matters to a Vote of Security Holders.
The Company held its Annual Meeting of Shareholders on May 9, 2018. The results of the matters submitted to a vote of the shareholders at the meeting are set forth below. There were 466,325,141 shares outstanding and entitled to vote as of the record date for the meeting.
The three nominated directors were each elected to serve a three-year term.
J. Brian Ferguson
Harold W. McGraw, III
Victoria J. Tschinkel
The ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for fiscal year 2018 was approved.
Ratification of Ernst & Young LLP
The advisory approval of the compensation of our named executive officers was approved.
Advisory vote on executive compensation
The management proposal to amend the Company’s Certificate of Incorporation to allow for the annual election of directors was not approved.
Management proposal to declassify the Board of Directors over the next three years
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.
Dated: May 10, 2018
/s/ Paula A. Johnson
Paula A. Johnson
Executive Vice President