barnwell-8k_030314.htm
 
 
 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): March 3, 2014

BARNWELL INDUSTRIES, INC.
(Exact Name of Registrant as Specified in its Charter)

Delaware
(State or Other Jurisdiction of Incorporation)
     
1-5103
(Commission File Number)
  
72-0496921
(IRS Employer
Identification No.)

1100 Alakea Street, Suite 2900
Honolulu, Hawaii  96813
(Address of Principal Executive Offices) (Zip Code)

(808) 531-8400
(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:
     
o
  
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)
     
o
  
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     
o
  
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.
 
(a)
  On March 3, 2014, Barnwell Industries, Inc. held an annual meeting of stockholders.
 
(b)           At the meeting, stockholders voted on the election of directors, the advisory (non-binding) approval of the compensation of the Company’s named executive officers, the approval of the Company’s Pay for Performance Plan and the ratification of KPMG LLP as the independent auditors for fiscal year 2014.  A total of 7,548,612 shares of Barnwell’s common stock outstanding and entitled to vote were present at the meeting in person or by proxy. All nominees were elected, the compensation of the Company’s named executive officers was approved, the Company’s Pay for Performance Plan was approved and the ratification of KPMG LLP as the independent auditors for fiscal year 2014 was approved.  The results of the meeting were as follows:

   
For
    
Withheld/
Against
    
Abstain
    
Broker
Non-Votes
  
1.  Directors
                        
                         
Morton H. Kinzler
     4,740,108       1,760,988             1,047,516  
Martin Anderson
     4,554,503       1,946,593             1,047,516  
Murray C. Gardner
     5,315,615       1,185,481             1,047,516  
Alexander C. Kinzler
     4,755,035       1,746,061             1,047,516  
Russell M. Gifford
     4,734,147       1,766,949             1,047,516  
Diane G. Kranz
     5,321,742       1,179,354             1,047,516  
Kevin K. Takata
     5,326,356       1,174,740             1,047,516  
Ahron H. Haspel
     5,317,442       1,183,654             1,047,516  
Robert J. Inglima, Jr.
     5,326,042       1,175,054             1,047,516  
James S. Barnwell III
     5,322,838       1,178,258             1,047,516  
                               
2.  Advisory (non-binding) vote on executive compensation
     5,250,877       1,212,059       38,160       1,047,516  
                                 
3.  Approval of a Pay for Performance Plan
     5,202,499       1,266,284       32,313       1,047,516  
                                 
4.  Ratification of Independent Auditors
     6,171,489       1,368,827       8,296       0  
                                 
 
 
 
 
 
 
 
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 hereunto duly authorized.
 
Dated:  March 3, 2014
 
 
BARNWELL INDUSTRIES, INC.
   
   
 
By:
     /s/ Russell M. Gifford
   
Name:
Russell M. Gifford
   
Title:
Executive Vice President and
Chief Financial Officer