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 16, 2017
DORCHESTER MINERALS, L.P.
(Exact name of registrant as specified in its charter)
|
Delaware |
|
000-50175 |
|
81-0551518 |
|
(State or other jurisdiction of |
|
Commission |
|
(I.R.S. Employer |
|
incorporation or organization |
|
File Number |
|
Identification No.) |
3838 Oak Lawn, Suite 300, Dallas, Texas 75219
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (214) 559-0300
N/A
(Former name, former address and former fiscal year, 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 (See General Instruction A.2. below):
[ ] 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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (240.12b-2 of this chapter).
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 5.07 Submission of Matters to a Vote of Security Holders
The Annual Meeting of Limited Partners of Dorchester Minerals, L.P. (the “Partnership”) was held on May 16, 2017. The matters on which the unitholders voted, in person or by proxy, as fully described in the proxy statement for our Annual Meeting, were:
|
1. |
to elect three managers who will serve on the Board of Managers and be appointed to the Advisory Committee until the 2018 Annual Meeting of Limited Partners; |
|
2. |
to approve the appointment of Grant Thornton LLP as our independent registered public accounting firm for the year ending December 31, 2017; |
|
3. |
approval of, by a unitholder non-binding advisory vote, the compensation paid to the Partnership’s named executive officers, as disclosed pursuant to Item 402 of Regulation S-K, commonly referred to as a “Say-on-Pay” proposal; and |
|
4. |
the establishment, by a unitholder non-binding advisory vote, of the frequency of submission to unitholders of advisory “Say-on-Pay” proposals. |
Buford P. Berry, C.W. Russell and Ronald P. Trout were each elected to our Board of Managers and appointed to the Advisory Committee.
The results of the voting were as follows:
1. Election of Managers
|
Manager |
Votes For |
Votes Withheld |
Broker Non-Votes |
|
Buford P. Berry |
11,260,773 |
1,281,849 |
11,326,090 |
|
C.W. Russell |
11,608,357 |
934,265 |
11,326,090 |
|
Ronald P. Trout |
11,610,215 |
932,407 |
11,326,090 |
2. Approval of the Appointment of Independent Registered Public Accounting Firm
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
23,125,153 |
90,873 |
652,686 |
0 |
3. Approval of the Compensation Paid the Named Executive Officers
|
Votes For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
11,837,948 |
487,935 |
216,739 |
11,326,090 |
4. Establishment of the Frequency of Say-On-Pay Proposals
|
1 Year |
2 Years |
3 Years |
Abstentions | ||||
|
4,190,518 |
94,401 |
7,557,218 |
700,485 |
Based on the results of the unitholder vote on the establishment of the frequency of Say-on-Pay proposals, and consistent with the Board of Managers’ prior recommendation to the Partnership’s unitholders in connection with such vote, the Partnership has determined that, until the next vote on the frequency of Say-on-Pay proposals, the Partnership will hold an advisory Say-on-Pay vote every three years.
SIGNATURE
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.
|
|
DORCHESTER MINERALS, L.P. Registrant
by Dorchester Minerals Management LP its General Partner, by Dorchester Minerals Management GP LLC its General Partner
|
|
Date: May 17, 2017 |
|
|
|
By: /s/ William Casey McManemin William Casey McManemin Chief Executive Officer |
3