Item 5.07 Submission of Matters to a Vote of Security Holders.
On June 28, 2021, Nuverra Environmental Solutions, Inc. (the "Company") held its
2021 Annual Meeting of Stockholders (the "Annual Meeting") where three matters
were submitted to a vote of the stockholders. The matters are described in
greater detail in the Company's Proxy Statement, filed with the U.S. Securities
and Exchange Commission on May 17, 2021. At the Annual Meeting, abstentions and
broker non-votes were counted for purposes of determining whether a quorum was
present.
At the Annual Meeting, the stockholders: (1) elected Michael Y. McGovern as a
Class I Director to serve a three-year term expiring on the date of the 2024
annual meeting of stockholders; (2) approved the compensation of the Company's
named executive officers on an advisory (nonbinding) basis; and (3) ratified the
appointment of Moss Adams, LLP ("Moss Adams") as the Company's independent
registered public accounting firm for the fiscal year ending December 31, 2021.
A detailed description of the vote follows.
Proposal 1
The Company's stockholders elected one nominee to serve as a Class I Director
with votes as follows:
Name For Withheld Broker Non-Votes
Michael Y. McGovern 13,879,881 79,925 819,260
Proposal 2
The Company's stockholders approved, on an advisory (nonbinding) basis, the
compensation awarded by the Company to its named executive officers with votes
as follows:
For Against Abstain Broker Non-Votes
13,945,326 10,690 3,790 819,260
Proposal 3
The Company's stockholders ratified the selection of Moss Adams as the Company's
independent registered public accounting firm for the fiscal year ending
December 31, 2021 with votes as follows:
For Against Abstain Broker Non-Votes
14,722,314 51,220 5,532 0
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