Smart Sand Inc. filed SEC Form 8-K: Submission of Matters to a Vote of Security Holders
$SND
Mining & Quarrying of Nonmetallic Minerals (No Fuels)
Industrials
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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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 4, 2024
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 4, 2024, Smart Sand, Inc. (the “Company”) held its annual meeting of stockholders (the “Annual Meeting”). As of the record date for the Annual Meeting, 42,356,632 shares of common stock were outstanding, each entitled to one vote per share. At the Annual Meeting, the Company’s stockholders were requested to: (i) elect two Class II members of the Company’s board of directors to serve until the Company’s 2027 annual meeting of stockholders; (ii) ratify the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024; and (iii) approve, on an advisory basis, the compensation of the Company’s named executive officers for the year ended December 31, 2023. Each of the foregoing proposals is more fully described in the Company’s definitive proxy statement, which was filed with the Securities and Exchange Commission on April 24, 2024.
1. The stockholders elected Andrew Speaker and Frank Porcelli to serve as Class II members of the Company’s board of directors for a three-year term. The results of the voting are as follows:
| Name | For | Withheld | Broker Non-Votes | ||||||||
| Andrew Speaker | 19,143,004 | 2,086,775 | 9,376,808 | ||||||||
| Frank Porcelli | 17,580,602 | 3,649,177 | 9,376,808 | ||||||||
2. The stockholders also approved the proposal to ratify the selection of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2024. The voting results for this proposal were 30,272,170 shares for, 241,851 shares against, and 92,566 shares abstained.
3. The stockholders also approved, on a non-binding and advisory basis, the compensation paid to the Company’s named executive officers during the year ended December 31, 2023. The voting results for this proposal were 19,969,319 shares for, 1,103,695 shares against, 156,765 shares abstained, and 9,376,808 shares were broker non-votes.
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.
| SMART SAND, INC. | |||||||||||||||||||||||
| Dated: | 6/7/2024 | By: | /s/ Lee E. Beckelman | ||||||||||||||||||||
| Lee E. Beckelman | |||||||||||||||||||||||
| Chief Financial Officer | |||||||||||||||||||||||