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

April 27, 2011

 

 

 

Commission

File Number

   Registrant   

State of

Incorporation

  

IRS Employer

Identification Number

1-7810    Energen Corporation    Alabama    63-0757759

605 Richard Arrington Jr. Boulevard North

Birmingham, Alabama

   35203
(Address of principal executive offices)    (Zip Code)

(205) 326-2700

(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))

 

 

 


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

On April 27, 2011, Energen Corporation (the “Company”) held its 2011 Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, the shareholders approved an amendment to the Company’s Stock Incentive Plan. The amendment, among other changes, adds 3,000,000 shares to the number of shares available for issuance under the Stock Incentive Plan. The Company’s Board of Directors had previously approved the amendment to the Stock Incentive Plan, subject to shareholder approval. For a description of the Stock Incentive Plan, as amended, see the Company’s definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on March 18, 2011. A copy of the Stock Incentive Plan, as amended, was attached as Appendix B to the Proxy Statement. The above description is qualified in its entirety by reference to the terms of the Stock Incentive Plan, as amended.

 

ITEM 5.07 Submission of Matters to a Vote of Security Holders

(a) The registrant held its Annual Meeting on April 27, 2011.

(b) Proxies for the Annual Meeting were solicited pursuant to Regulation 14A of the Exchange Act; there was no solicitation in opposition to management’s nominees for directors as listed in the Proxy Statement and all such nominees for directors as listed in the Proxy Statement were elected. The final results of the voting for three Directors for a term of three-year terms expiring in 2014 are set forth below:

 

Kenneth W. Dewey

   For         55,045,614   
   Against         1,335,500   
   Broker non-votes         6,254,298   

James T. McManus, II

   For         54,009,227   
   Against         2,371,887   
   Broker non-votes         6,254,298   

David W. Wilson

   For         54,799,280   
   Against         1,581,834   
   Broker non-votes         6,254,298   

Described below are the other matters voted upon at the Annual Meeting and the final number of affirmative votes, negative votes, abstentions and broker non-votes.

 

I. Proposal to ratify PricewaterhouseCoopers LLP as the independent registered public accountants – approved.

 

For      61,935,060   
Against      553,687   
Abstain      146,665   
Broker non-votes      -         

 

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II. Proposal to amend Stock Incentive Plan – approved.

 

For      51,447,734   
Against      4,381,625   
Abstain      551,755   
Broker non-votes      6,254,298   

 

III. Advisory vote on executive compensation – approved.

 

For      52,615,623   
Against      3,415,185   
Abstain      350,306   
Broker non-votes      6,254,298   

 

IV. Advisory vote on executive compensation vote frequency – approved every one year.

 

Every one year      50,511,143   
Every two years      308,465   
Every three years      5,342,064   
Abstain      219,442   
Broker non-votes      6,254,298   

 

V. Shareholder proposal – not approved.

 

For      24,499,055   
Against      25,042,439   
Abstain      6,839,620   
Broker non-votes      6,254,298   

 

ITEM 9.01 Financial Statements and Exhibits

(d) Exhibits.

 

Exhibit

Number:

     
10.1    Stock Incentive Plan (As Amended Effective April 27, 2011) (incorporated by reference to Energen Corporation’s Schedule 14A filed on March 18, 2011; Appendix B).

 

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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 thereunto duly authorized.

 

    ENERGEN CORPORATION
April 28, 2011     By:   /s/ J. David Woodruff
       

J. David Woodruff

Vice President, General Counsel

and Secretary of Energen Corporation

 

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EXHIBIT INDEX

 

 

EXHIBIT NUMBER

  

DESCRIPTION

10.1   

*       Stock Incentive Plan (As Amended Effective April 27, 2011) (incorporated by reference to Energen Corporation’s Schedule 14A filed on March 18, 2011; Appendix B).

* This exhibit is furnished to, but not filed with, the Commission by inclusion herein.

 

 

 

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