8-k 2015 Annual Meeting


 
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 20, 2015

ION Geophysical Corporation
(Exact name of registrant as specified in its charter)


Delaware
(State or other jurisdiction of incorporation)
1-12691
(Commission file number)
22-2286646
(I.R.S. Employer Identification No.)


2105 CityWest Blvd, Suite 400
Houston, Texas 77042-2839
(Address of principal executive offices, including Zip Code)

(281) 933-3339
(Registrant’s telephone number, including area code)



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.

Results of Annual Meeting of Stockholders

On May 20, 2015, ION Geophysical Corporation (the “Company”) held its Annual Meeting of Stockholders (the "Meeting") in Houston, Texas. Of the 166,067,048 shares of common stock outstanding and entitled to vote as of the record date, 151,673,342 shares (91.33%) were present or represented by proxy at the Meeting.  At the Meeting, the Company’s stockholders approved all of the nominees and proposals, specifically (1) the election of R. Brian Hanson, Hao Huimin and James M. Lapeyre, Jr. as directors to hold office until the 2018 Annual Meeting of Stockholders or until their successors are elected, (2) the compensation of the Company’s executive officers and (3) the ratification of Grant Thornton LLC as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2015. In the non-binding advisory vote to approve the compensation of the Company’s executive officers, approximately 76.64% of the votes cast on the proposal voted to approve the compensation of the Company’s executive officers.

The results of the voting on the matters submitted to the stockholders were as follows:

 
Votes Cast For
Votes Withheld
1. Election of Directors for a Three-Year Term Expiring in 2018
 
 
      R. Brian Hanson
127,707,450

2,517,871

      Hao Huimin
126,178,122

4,047,199

      James M. Lapeyre, Jr.
118,663,481
11,561,840

 
For
Against
Abstain
Broker Non-
Votes
2. Advisory Vote to Approve Executive Compensation
127,288,123

2,661,649

275,552

21,448,018

3. Ratification of Grant Thornton LLC as Independent Registered Public Accountants
151,222,302

382,286

68,754


In addition, the terms of the following directors continued after the meeting:

David H. Barr
Michael C. Jennings
Franklin Myers
S. James Nelson, Jr.
John N. Seitz






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.

Date: May 20, 2015
ION GEOPHYSICAL CORPORATION
 
By: /s/ JAMEY S. SEELY      
   Jamey S. Seely  
   Executive Vice President, General Counsel
   and Corporate Secretary