Patterson-UTI Energy, Inc. (Form: 8-K)  

 


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):   June 8, 2011

Patterson-UTI Energy, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Delaware 0-22664 75-2504748
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
450 Gears Road, Suite 500, Houston, Texas   77067
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   281-765-7100

Not Applicable
______________________________________________
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))


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Item 5.07 Submission of Matters to a Vote of Security Holders.

The Annual Meeting of Stockholders of Patterson-UTI Energy, Inc. (the “Company”) was held on June 8, 2011. Of the 154,246,395 shares of the Company’s Common Stock outstanding and entitled to vote at the meeting, 138,864,149 shares were present either in person or by proxy.

The following describes the matters considered by the Company’s stockholders at the Annual Meeting, as well as the votes cast at the meeting:

  1.   To elect seven directors to the Company’s Board of Directors to serve until the next annual meeting of the stockholders or until their respective successors are elected and qualified.
                         
Nominee   Votes For   Votes Withheld   Broker Non-Votes
Mark S. Siegel
    119,158,345       5,599,237       14,106,567  
Kenneth N. Berns
    119,219,240       5,538,342       14,106,567  
Charles O. Buckner
    119,366,131       5,391,451       14,106,567  
Curtis W. Huff
    119,156,501       5,601,081       14,106,567  
Terry H. Hunt
    120,034,093       4,723,489       14,106,567  
Kenneth R. Peak
    115,196,347       9,561,235       14,106,567  
Cloyce A. Talbott
    111,576,807       13,180,775       14,106,567  

  2.   To consider and vote upon approval of the material terms of the performance goals that may apply to performance-based awards under the Company’s Long-Term Incentive Plan.
                         
Votes For   Votes Against   Abstentions   Broker Non-votes
119,847,051
    3,896,416       1,014,115       14,106,567  

  3.   To cast an advisory vote to approve the compensation of the executives disclosed in the Company’s proxy statement for the Annual Meeting.
                         
Votes For   Votes Against   Abstentions   Broker Non-votes
100,200,242
    23,437,323       1,120,017       14,106,567  

  4.   To cast an advisory vote on the frequency of future advisory votes on executive compensation.
                                 
Every Year   Every Two Years   Every Three Years   Abstentions   Broker Non-votes
108,898,173
    2,259,763       12,393,288       1,206,358       14,106,567  

  5.   Ratification of the selection of PricewaterhouseCoopers LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2011.
                         
Votes For   Votes Against   Abstentions   Broker Non-votes
138,050,067
    782,469       31,613       0  

Disclosure Regarding Frequency of Stockholder Advisory Vote on Executive Compensation

In accordance with the results of the advisory vote, the Company intends to hold future advisory votes annually on the compensation of executive officers in its proxy materials until the next required vote on the frequency of stockholder votes on the compensation of executive officers.


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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.

         
    Patterson-UTI Energy, Inc.
          
June 9, 2011   By:   /s/ John E. Vollmer III
       
        Name: John E. Vollmer III
        Title: Senior Vice President - Corporate Development, Chief Financial Officer and Treasurer