SWN 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): May 21, 2013

 

 

SOUTHWESTERN ENERGY COMPANY

(Exact name of registrant as specified in its charter)

 

 

Delaware

(State or other jurisdiction of incorporation)

 

1-08246   71-0205415
(Commission File Number)   (IRS Employer Identification No.)

 

2350 N. Sam Houston Pkwy. E., Suite 125,

Houston, Texas

   77032
(Address of principal executive offices)   (Zip Code)

 

(281) 618-4700

(Registrant's telephone number, including area code)

 

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:

 

       o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

       o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

       o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

       o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

Section 5 - Corporate Governance and Management 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On May 21, 2013, at the annual meeting of stockholders of Southwestern Energy Company (the “Company”), the Company’s stockholders voted to approve the Company’s 2013 Incentive Plan (the “2013 Plan”). The 2013 Plan was adopted by the Company’s Board of Directors on February 18, 2013.  The Company has reserved 20,500,000 shares for issuance under the 2013 Plan. The foregoing description of the 2013 Plan is qualified in its entirety by reference to the 2013 Plan, which is filed as Exhibit 4.3 to the Company’s S-8 filed on May 22, 2013. 

 

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


The Annual Meeting of Stockholders of the Company was held on May 21, 2013.  At the annual meeting, the stockholders elected each of the following individuals to serve on the Board of Directors for a term of one year, or until his or her successor is duly elected and qualified, with the votes, rounded to the nearest whole share, cast as follows:

 

 

JOHN D. GASS

For:

 298,519,014 

 

Against:

 1,117,647 

 

Abstain:

 224,876 

 

Nonvotes:

 20,113,241 


CATHERINE A. KEHR

For:

 297,329,057 

 

Against:

 1,521,863 

 

Abstain:

 1,010,617 

 

Nonvotes:

 20,113,241 


GREG D. KERLEY

For:

 297,174,127 

 

Against:

 1,674,604 

 

Abstain:

 1,012,805 

 

Nonvotes:

 20,113,241 


HAROLD M. KORELL

For:

 295,985,355 

 

Against:

 2,864,224 

 

Abstain:

 1,011,958 

 

Nonvotes:

 20,113,241 


VELLO A. KUUSKRAA

For:

 297,529,841 

 

Against:

 1,315,598 

 

Abstain:

 1,016,098 

 

Nonvotes:

 20,113,241 


KENNETH R. MOURTON

For:

 294,225,758 

 

Against:

 3,620,383 

 

Abstain:

 2,015,396 

 

Nonvotes:

 20,113,241 


STEVEN L. MUELLER

For:

 298,206,233 

 

Against:

 1,434,219 

 

Abstain:

 221,084 

 

Nonvotes:

 20,113,241 


ELLIOT PEW

For:

 298,315,914 

 

Against:

 1,336,526 

 

Abstain:

 209,096 

 

Nonvotes:

 20,113,241 


ALAN H. STEVENS

For:

 297,078,712 

 

Against:

 1,766,712 

 

Abstain:

 1,016,112 

 

Nonvotes:

 20,113,241 


 

In addition, the following proposals were voted at the Annual Meeting:


The ratification of the appointment of PricewaterhouseCoopers LLP to serve as the Company’s independent registered public accounting firm for 2013 was approved by the stockholders, with the votes, rounded to the nearest whole share, cast as follows:


For:

 317,201,870 

Against:

 2,516,480 

Abstain:

 256,428 

Nonvotes:

 0 


With respect to the advisory vote regarding the compensation of our Named Executive Officers disclosed in the proxy statement in accordance with SEC rules, which vote is referred to as the “say-on-pay vote” and occurs each year in accordance with the frequency determined by the Board of Directors, the stockholders have approved the compensation of our Named Executive Officers, with the votes, rounded to the nearest whole share, cast as follows:  


For:

 294,794,502 

Against:

 4,523,518 

Abstain:

 542,955 

Nonvotes:

 20,113,803 


With respect to the management proposal on the 2013 Incentive Plan as set forth in the proxy statement, the stockholders have approved the 2013 Incentive Plan, with the votes, rounded to the nearest whole share, cast as follows:


For:

 285,712,243 

Against:

 13,644,815 

Abstain:

 503,917 

Nonvotes:

 20,113,803 

 

 

Section 9 - Financial Statements and Exhibits.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

10.1

 

Southwestern Energy Company 2013 Incentive Plan dated February 18, 2013. (Incorporated by reference to Exhibit 4.3 to the Registrant's Registration Statement on S-8 filed on May 22, 2013)

 

 

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.

 

    SOUTHWESTERN ENERGY COMPANY

Dated: May 24, 2013

  

By:

  

/s/ R. CRAIG OWEN

   

Name:

  

R. Craig Owen

   

Title:

  

Senior Vice President and

       

Chief Financial Officer

 

 

EXHIBIT INDEX

 

Exhibit
Number

 

Description

 

 

 

10.1

 

Southwestern Energy Company 2013 Incentive Plan dated February 18, 2013. (Incorporated by reference to Exhibit 4.3 to the Registrant's Registration Statement on S-8 filed on May 22, 2013)