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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 23, 2011 (May 18, 2011)
GLOBAL INDUSTRIES, LTD.
(Exact Name of Registrant as Specified in Its Charter)
         
Louisiana
(State or Other Jurisdiction of
Incorporation)
  0-21086
(Commission File Number)
  72-1212563
(I.R.S. Employer
Identification No.)
     
8000 Global Drive    
Carlyss, Louisiana
(Address of Principal Executive Offices)
  70665
(Zip Code)
Registrant’s telephone number, including area code: (337) 583-5000
n/a
(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)
o   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.
Global Industries, Ltd. (the “Company”) held its Annual Meeting of Shareholders (the “Annual Meeting”) on May 18, 2011. The following describes the matters considered by the Company’s shareholders, as well as the final results of the votes cast at the Annual Meeting:
1.   The following nominees were elected as directors, to serve until their respective successors are elected and qualified:
                         
Director   For     Withhold     Broker non-votes  
Charles O. Buckner
    95,915,297       573,529       13,111,896  
John A. Clerico
    94,995,002       1,493,824       13,111,896  
Lawrence R. Dickerson
    93,152,698       3,336,128       13,111,896  
Edward P. Djerejian
    95,053,189       1,435,637       13,111,896  
Charles R. Enze
    95,857,613       631,213       13,111,896  
Larry E. Farmer
    95,823,326       665,500       13,111,896  
Edgar G. Hotard
    95,083,624       1,405,202       13,111,896  
Richard A. Pattarozzi
    92,357,313       4,131,513       13,111,896  
John B. Reed
    95,149,941       1,338,885       13,111,896  
2.   The appointment of Deloitte & Touche LLP as the Company’s independent public accountants was ratified based on the following vote:
             
For   Against   Abstain   Broker non-votes
108,574,070
  853,199   173,453   0
3.   The shareholders approved, on an advisory basis, the compensation of the Company’s named executive officers based on the following vote:
             
For   Against   Abstain   Broker non-votes
80,697,741   14,213,311   1,577,774   13,111,896
4.   The shareholders approved, on an advisory basis, annual advisory votes on executive compensation based on the following vote:
             
1 Year   2 Years   3 Years   Abstain
72,892,035   1,394,426   20,643,245   1,559,120
In light of the results with respect to the advisory vote of the frequency of future advisory votes on executive compensation, the Board of Directors of the Company has determined that advisory votes on executive compensation will be held annually until the next required shareholder advisory vote regarding the frequency interval.

 


 

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.
         
  GLOBAL INDUSTRIES, LTD.
 
 
  By:   /s/ Russell J. Robicheaux    
    Russell J. Robicheaux   
    Senior Vice President, Chief Administrative Officer, General Counsel and Secretary   
 
May 23, 2011