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 2, 2016

 

 

PARSLEY ENERGY, INC.

(Exact Name of Registrant as Specified in its Charter)

 

 

 

Delaware		001-36463		46-4314192
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification Number)

303 Colorado Street, Suite 3000

Austin, Texas 78701

(Address of Principal Executive Offices) (Zip Code)

(737) 704-2300

(Registrant’s Telephone Number, Including Area Code)

 

 

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.

Parsley Energy, Inc. (the “Company”) held its 2016 Annual Meeting of Stockholders (the “Annual Meeting”) on June 2, 2016, in Austin, Texas, for the following purposes: (1) to elect three Class II directors to serve on the Company’s Board of Directors with a term of office expiring at the 2019 Annual Meeting of Stockholders; (2) to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2016; (3) to approve, on a non-binding advisory basis, the Company’s named executive officer compensation for the fiscal year ended December 31, 2015; and (4) to approve, on a non-binding advisory basis, the frequency of future advisory votes on the Company’s named executive officer compensation. Each of these items is more fully described in the Company’s proxy statement filed with the Securities and Exchange Commission on April 22, 2016.

At the close of business on April 11, 2016, the record date for the Annual Meeting, 157,613,283 shares of the Company’s Class A common stock and 32,145,296 shares of the Company’s Class B common stock were outstanding and entitled to vote at the Annual Meeting.

Proposal 1 – Election of Directors

Each of the three nominees for Class II director was duly elected by the Company’s stockholders, with votes as follows:

 

Nominee		Shares For				Shares Against				Shares Abstaining				Broker Non-Votes
David H. Smith			95,091,185				61,870,579				2,485,467				10,233,284
Randolph Newcomer, Jr.			141,024,742				17,482,137				940,352				10,233,284
William Browning			157,288,252				1,211,121				947,858				10,233,284

Proposal 2 – Ratification of Appointment of Independent Auditors

The appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2016 was ratified by the Company’s stockholders, with votes as follows:

 

Shares For		Shares Against		Shares Abstaining		Broker Non-Votes
167,646,461		1,574,019		460,035		—

Proposal 3 – Approval of Named Executive Officer Compensation

Named executive officer compensation for the fiscal year ended December 31, 2015 was approved, on a non-binding advisory basis, by the Company’s stockholders, with votes as follows:

 

Shares For		Shares Against		Shares Abstaining		Broker Non-Votes
155,851,749		3,124,057		471,425		10,233,284

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Proposal 4 – Approval of Named Executive Officer Compensation Advisory Vote Frequency

An annual advisory vote on named executive officer compensation was approved, on a non-binding advisory basis, by the Company’s stockholders, with votes as follows:

 

1 Year		2 Years		3 Years		Abstentions
150,605,577		931,765		7,442,126		467,763

 

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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.

 

Dated: June 3, 2016

 

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