Hallador Energy Company filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders, Financial Statements and Exhibits
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On May 29, 2025, the shareholders of Hallador Energy Company (the “Company”) approved the Hallador Energy Company Second Amended and Restated 2008 Restricted Stock Unit Plan (the “Plan”) at the Company’s annual meeting of shareholders (the “2025 Annual Meeting”). The Company’s shareholders approved the Plan in accordance with the voting results set forth below under Item 5.07. The Plan was previously adopted by the Company’s Board of Directors, subject to shareholder approval.
The Plan (i) increases the number of shares available for issuance under the RSU Plan by 2,000,000 shares, and (ii) extends the term of the RSU Plan until May 29, 2035. The material terms of the Plan were described in the Company’s definitive Proxy Statement (the “Proxy Statement”) filed with the Securities and Exchange Commission on April 17,2025, under the caption “Proposal 3 – Proposal to Approve the Hallador Energy Company Second Amended and Restated 2008 Restricted Stock Unit Plan”. The Plan authorizes the grants of stock-based awards in the form of RSUs to eligible participants, in furtherance of the Company’s broader executive compensation strategy and philosophy, as more fully described in the Proxy Statement.
The above description of the Plan does not purport to be complete and is qualified in its entirety by the full text of the Plan, set forth in Exhibit 10.1, and incorporated herein by reference.
ITEM 5.07 Submission of Matters to a Vote of Security Holders.
On May 29, 2025, the Company held its 2025 Annual Meeting in Lone Tree, Colorado. There was a total of 34,782,299 shares present at the meeting in person or by proxy, representing 80.93% of the total outstanding shares eligible to vote. The results for each of the matters submitted to a vote of shareholders at the annual meeting are set forth below:
Proposal 1 - Election of Directors
The following individuals were elected to serve as directors until the 2026 Annual Meeting of Shareholders
Nominee | For | Votes “Against” | Abstentions or Votes Withheld | |||
Brent K. Bilsland | 26,922,970 | 791,896 | 19,970 | |||
Zarrell Gray | 23,738,867 | 3,949,566 | 46,403 | |||
David C. Hardie | 22,570,159 | 5,118,374 | 46,303 | |||
Bryan H. Lawrence | 24,479,295 | 3,235,518 | 20,023 | |||
David J. Lubar | 24,186,539 | 3,528,274 | 20,023 | |||
Charles R. Wesley, IV | 23,550,090 | 4,138,343 | 46,403 |
Proposal 2 - Advisory (non-binding) Vote on Executive Compensation
The shareholders approved a proposed resolution approving the compensation of our named executive officers, as disclosed pursuant to the compensation disclosure rules of the SEC.
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Votes “For” | Votes “Against” | Abstentions or Votes Withheld | ||
22,045,261 | 5,289,818 | 399,757 |
Proposal 3 - Approval of the Hallador Energy Company Second Amended and Restated 2008 Restricted Stock Unit Plan
The shareholders approved the Hallador Energy Company Second Amended and Restated 2008 Restricted Stock Unit Plan.
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Votes “For” | Votes “Against” | Abstentions or Votes Withheld | ||
26,012,497 | 1,215,126 | 507,213 |
Proposal 4 - Ratification of the Appointment of Independent Auditors
The shareholders ratified the appointment of Grant Thorton to serve as our independent registered public accounting firm for the fiscal year ending December 31, 2025.
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Votes “For” | Votes “Against” | Abstentions or Votes Withheld | ||
34,412,811 | 258,158 | 111,330 |
Item 9.01 – Financial Statements and Exhibits
(d) Exhibits
Exhibit Number |
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104 |
| Cover Page Interactive Data File (embedded within the Inline XBRL document) | |