false 0001031623 0001031623 2022-05-19 2022-05-19

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): May 19, 2022

Gulf Island Fabrication, Inc.

(Exact name of registrant as specified in its charter)

 

Louisiana

001-34279

72-1147390

(State or other jurisdiction

of incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

 

16225 Park Ten Place, Suite 300

Houston, Texas 77084

(Address of principal executive offices)(Zip Code)

(713) 714-6100

(Registrant's telephone number, including area code)

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))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, no par value per share

GIFI

NASDAQ

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR § 240.12b-2).

Emerging growth company

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.



 

Item 5.07Submission of Matters to a Vote of Security Holders.

 

Gulf Island Fabrication, Inc. (the “Company”) held its 2022 annual meeting of shareholders on May 19, 2022. At the annual meeting, the Company’s shareholders (1) elected Robert M. Averick, Murray W. Burns, William E. Chiles, Richard W. Heo, Michael J. Keeffe and Cheryl D. Richard to serve as directors of the Company for terms expiring at the next annual meeting of shareholders in 2023 and until his or her successor is duly elected and qualified; (2) approved, on an advisory basis, the compensation of the Company’s named executive officers; and (3) ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the 2022 fiscal year.

 

Of the 15,775,304 shares of the Company’s common stock outstanding as of the record date, 11,636,902 shares were represented in person or by proxy at the annual meeting. The inspector of election reported the final vote of shareholders as follows:

 

 

Proposal No. 1:  Election of each of the six director nominees.

 Name

 

For

 

Against

 

Abstain

 

Broker Non-Votes

Robert M Averick

 

8,892,492

 

415,901

 

61,139

 

2,267,370

Murray W. Burns

 

7,947,356

 

1,395,175

 

27,001

 

2,267,370

William E. Chiles

 

8,269,928

 

1,072,603

 

27,001

 

2,267,370

Richard W. Heo

 

9,229,427

 

114,104

 

26,001

 

2,267,370

Michael J. Keeffe

 

8,322,138

 

1,020,393

 

27,001

 

2,267,370

Cheryl D. Richard

 

9,209,189

 

133,042

 

27,301

 

2,267,370

 

Proposal No. 2:  Approval, on an advisory basis, of the compensation of the Company’s named executive officers.

For

 

Against

 

Abstain

 

Broker Non-Votes

8,535,636

 

809,962

 

23,934

 

2,267,370

 

Proposal No. 3:  Ratification of the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for 2022.

 For

 

Against

 

Abstain

11,577,502

 

22,743

 

36,657

 

 

 

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.

 

 

 

 

GULF ISLAND FABRICATION, INC.

 

 

 

 

 

 

 

 

By:

/s/ Westley S. Stockton

 

 

 

 

Westley S. Stockton

 

 

 

 

Executive Vice President, Chief Financial Officer, Treasurer and Secretary (Principal Financial Officer and Principal Accounting Officer)

Dated:

May 20, 2022