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)

(Exact Name of Registrant as Specified in Charter)

1-37836-1

Commission File Number

 

 

600 Third Avenue

 

(Address of Principal Executive Offices) (Zip Code)

Registrant's telephone number, including area code (212) 578-1600

 

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:

 

 

 

Section 5 - Corporate Governance and Management

Item 5.07  Submission of Matters to a Vote of Security Holders

On May 24, 2018, International Seaways, Inc. held its Annual Meeting of Stockholders. The Registrant had 29,123,331 shares of its Common Stock outstanding and entitled to vote at the Annual Meeting, of which 19,574,119 shares were represented at the meeting by holders present in person or by proxy, constituting 67.21% of the shares outstanding and entitled to vote.  At the Annual Meeting, stockholders elected nine Directors, ratified the appointment of Ernst & Young LLP as the Registrant's independent registered public accounting firm for the year 2018, and approved, in an advisory vote, the compensation of the Named Executive Officers for 2017 as described in the Compensation Discussion and Analysis section and in the accompanying compensation tables and narrative in the Registrant's Proxy Statement.  All of the nominees for Directors were duly elected to serve, subject to the Registrant's By-laws, as Directors of the Registrant until the next Annual Meeting and until election and qualification of their successors.

The tabulation of the votes cast for each nominee for Director was as follows (there were 1,864,959 broker non-votes):

The resolution to ratify the appointment of Ernst & Young LLP as the Registrant's independent registered public accounting firm for the year 2018 was ratified by a vote of 19,561,542 shares of Common Stock in favor, 7,479 shares of Common Stock against and 5,098 shares of Common Stock abstained.  There were no broker non-votes of Common Stock.

The resolution to approve, in an advisory vote, the compensation of the Named Executive Officers for 2017 as described in the Compensation Discussion and Analysis section and in the accompanying compensation tables and narrative in the Registrant's Proxy Statement was approved by a vote of 17,657,419 shares of Common Stock in favor, 47,183 shares of Common Stock against and 4,558 shares of Common Stock abstained.  There were 1,864,959 broker non-votes.

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.