t70504_8k.htm


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):  April 26, 2011



RPC, INC.
(Exact name of registrant as specified in its charter)
 


Delaware
1-8726
58-1550825
(State or Other Jurisdiction
of Incorporation)
(Commission File Number)
(IRS Employer
Identification No.)

2801 Buford Highway, Suite 520, Atlanta, Georgia 30329
(Address of principal executive office) (zip code)

Registrant's telephone number, including area code: (404) 321-2140


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. below):

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))



 
 

 
 
Item 5.07.  Submission of Matters to a Vote of Security Holders.
 
The 2011 Annual Meeting of Shareholders of RPC, Inc. (the “Company”) was held on April 26, 2011.  At the Annual Meeting, the shareholders of the Company (i) elected three Class I nominees to the Board of Directors; (ii) ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm; (iii) amended the Certificate of Incorporation of the Company to increase the number of authorized shares of capital stock to 350,000,000 shares; (iv) held a vote to approve the performance-based incentive compensation plan for the executive officers; (v) held a nonbinding vote on executive compensation; and (vi) held a nonbinding vote regarding the frequency of voting on executive compensation and recommended that the advisory vote on executive compensation be held once every three years.  The final voting results for each proposal are as follows:
 
1.  To elect the three Class I nominees to the Board of Directors:
                   
   
For
   
Withheld
   
Broker
Non-Vote
 
R. Randall Rollins
   127,165,150      8,317,389      6,356,605  
Henry B. Tippie
   133,925,787      1,556,752      6,356,605  
James B. Williams
   132,809,904      2,672,635      6,356,605  
  
2.  To ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm: 
  For
   
     Against
   
    Abstain
   
    Broker
    Non-Vote
 
 141,453,910       211,020       68,841       105,373  

3.  To amend the Certificate of Incorporation of the Company to increase the number of authorized shares of capital stock to 350,000,000 shares:
   For
   
    Against
   
    Abstain
   
    Broker
    Non-Vote
 
  127,254,561       14,365,084       114,125       105,374  
 
4.  To approve the performance-based incentive compensation plan for the executive officers:
          For
   
    Against
   
    Abstain
   
  Broker
  Non-Vote
 
  134,708,992       659,348       114,199       6,356,605  

5.  To hold a non-binding vote on executive compensation:
          For
   
    Against
   
    Abstain
   
  Broker
  Non-Vote
 
  127,007,614       552,923       7,922,002       6,356,605  

6.  To hold a nonbinding vote regarding the frequency of voting on executive compensation:
   
     1 Year
   
    2 Years
   
    3 Years
   
    Abstain
   
Broker
Non-Vote
 
  16,109,280       537,047       110,923,398       7,878,952       6,390,467  
 
Based on these results and consistent with the Company’s recommendation, the Board has determined that the Company will hold a non-binding advisory vote on executive compensation once every three years.

 
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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, RPC, Inc. has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
  RPC, Inc.
   
   
Date: April 28, 2011  /s/ Ben M. Palmer
  Ben M. Palmer
  Vice President,
  Chief Financial Officer and
  Treasurer
 
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