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))
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.
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
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| Name: John E. Vollmer III | ||||
| Title: Senior Vice President - Corporate Development, Chief Financial Officer and Treasurer | ||||