dmlp20170517_8k.htm

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

 

 

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