NABORS INDUSTRIES LTD - FORM 8-K - June 10, 2011

 
 
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 7, 2011
NABORS INDUSTRIES LTD.
(Exact name of registrant as specified in its charter)
         
Bermuda
(State or Other Jurisdiction of Incorporation or Organization) 		  001-32657
(Commission File Number) 		  980363970
(I.R.S. Employer Identification No.)
     
Crown House
4 Par-la-Ville Road
Second Floor
Hamilton, HM08 Bermuda
(Address of principal executive offices) 		  N/A
(Zip Code)
(441) 292-1510
(Registrant’s telephone number, including area code)
N/A
(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))
 
 

 

 

Item 5.07 Submission of Matters to a Vote of Security Holders.
The annual general meeting of shareholders of Nabors Industries Ltd. was held on June 7, 2011. Holders of 85.08% of our outstanding shares of common stock entitled to vote as of the record date for the meeting participated in person or by proxy. Six of the seven members of our Board of Directors were able to attend the meeting.
The matters voted upon at the meeting were:
1. Election of Class II Directors
                         
 
     Shares For       Shares Withheld       Non-Votes  
 
Anthony G. Petrello
     153,455,093       91,554,185       24,256,386  
 
Myron M. Sheinfeld
     104,740,513       140,268,765       24,256,386  
 
2. Approval and Appointment of PricewaterhouseCoopers LLP as Our Independent Auditor and Authorization for the Audit Committee To Set the Auditor’s Remuneration
                 
For
     266,796,399          
 
Against
     2,239,311          
 
Abstain
     229,954          
 
3. Advisory Vote on Compensation of Named Executive Officers
                 
For
     104,135,624          
 
Against
     140,317,419          
 
Abstain
     556,235          
 
Non-Votes
     24,256,386          
 
4. Advisory Vote on the Frequency of Shareholder “Say-On-Pay” Votes
                 
1 year
     158,538,694          
 
2 years
     1,131,781          
 
3 years
     84,837,384          
 
Abstain
     501,419          
 
Non-Votes
     24,256,386          
 
5. Shareholder Proposal on a Majority Vote Standard for Director Elections
                 
For
    154,468,677          
 
Against
     90,110,889          
 
Abstain
     429,712          
 
Non-Votes
     24,256,386          
 
6. Shareholder Proposal on Declassification of Board
                 
For
     183,504,584          
 
Against
     61,104,358          
 
Abstain
     400,336          
 
Non-Votes
     24,256,386          
 

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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.
         
Dated: June 10, 2011 Nabors Industries Ltd.
 		  
  /s/ Mark D. Andrews    
  Mark D. Andrews   
  Corporate Secretary   
 

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