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) | June 16, 2016 |
| PACIFIC ETHANOL, INC. |
| (Exact name of registrant as specified in its charter) |
| Delaware | 000-21467 | 41-2170618 | ||
| (State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
400 Capitol Mall, Suite 2060, Sacramento, California |
95814 | |
| (Address of principal executive offices) | (Zip Code) |
| Registrant’s telephone number, including area code: | (916) 403-2123 |
| (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 (see General Instruction A.2. below):
| 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
The 2016 Annual Meeting of Stockholders (“Annual Meeting”) of Pacific Ethanol, Inc. (the “Company”) was held on June 16, 2016. The following proposals were approved at the Annual Meeting by the votes indicated:
Proposal One: To elect seven directors to serve on the Company’s board of directors until the next annual meeting of stockholders and/or until their successors are duly elected and qualified. The nominees for election were William L. Jones, Neil M. Koehler, Terry L. Stone, John L. Prince, Douglas L. Kieta, Larry D. Layne and Michael D. Kandris.
The following nominees were elected by the votes indicated to serve as directors for a one year term, or until their successors are elected and qualified:
|
Name |
Total Votes for Director |
Total Votes Withheld from Director |
Total
Broker |
| William L. Jones | 21,458,422 | 432,972 | 10,080,901 |
| Neil M. Koehler | 21,600,311 | 291,083 | 10,080,901 |
| Terry L. Stone | 21,459,745 | 431,649 | 10,080,901 |
| John L. Prince | 21,561,598 | 329,796 | 10,080,901 |
| Douglas L. Kieta | 21,568,364 | 323,030 | 10,080,901 |
| Larry D. Layne | 21,565,399 | 325,995 | 10,080,901 |
| Michael D. Kandris | 21,615,909 | 275,485 | 10,080,901 |
Proposal Two: To cast a non-binding advisory vote to approve the Company’s executive compensation (“say-on-pay”).
| Total Votes | |
| For | 21,380,288 |
| Against | 453,207 |
| Abstain | 57,899 |
| Broker Non-Votes | 10,080,901 |
Proposal Three: To ratify and approve the adoption of the Company’s 2016 Stock Incentive Plan.
| Total Votes | |
| For | 19,456,556 |
| Against | 2,380,197 |
| Abstain | 54,641 |
| Broker Non-Votes | 10,080,901 |
Proposal Four: To ratify the appointment of RSM US LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2016.
| Total Votes | |
| For | 31,704,758 |
| Against | 195,380 |
| Abstain | 72,157 |
| Broker Non-Votes | N/A |
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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.
| Date: June 16, 2016 | PACIFIC ETHANOL, INC. | |
| By: | /S/ CHRISTOPHER W. WRIGHT | |
| Christopher W. Wright Vice President, General Counsel & Secretary | ||
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