Magellan Midstream Partners LP

04/23/2021 | Press release | Distributed by Public on 04/23/2021 11:16

Current Report (SEC Filing - 8-K)

mmp-20210422

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): April 22, 2021
Magellan Midstream Partners, L.P.
(Exact Name of Registrant as Specified in Charter)
Delaware 1-16335 73-1599053
(State or Other Jurisdiction of
Incorporation) 		(Commission File Number) (IRS Employer Identification No.)

One Williams Center
Tulsa, Oklahoma74172
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code(918) 574-7000
(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:
☐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. ☐
Securities registered pursuant to Section 12(b) of the Act:
Title of Each Class Trading Symbol(s) Name of Each Exchange on Which Registered
Common Units MMP New York Stock Exchange


Item 5.07. Submissions of Matters to a Vote of Security Holders.

On April 22, 2021, Magellan Midstream Partners, L.P. (the 'Partnership') held its Annual Meeting of Limited Partners ('Annual Meeting') pursuant to due notice. Holders of a total of 182,569,918 common units, or 81.77% of the Partnership's common units outstanding, were present in person or by proxy at the Annual Meeting. The voting results follow:

1. Three Class I directors of the Partnership's general partner's board of directors were elected to serve until the 2024 Annual Meeting by the following votes:

Director For Withheld
Robert G. Croyle 111,667,654 16,601,466
Stacy P. Methvin 126,548,497 1,720,623
Barry R. Pearl 118,301,586 9,967,534

2. An amendment to the Magellan Midstream Partners Long-Term Incentive Plan was approved by the following votes:

For Against Abstain
122,015,255 5,148,787 1,105,078

3. The following resolution regarding executive compensation was approved by the following votes:

RESOLVED that the unitholders of the Partnership approve, on an advisory basis, the compensation of the Partnership's named executive officers, as described in the section in the proxy statement entitled 'Compensation of Directors and Executive Officers,' in accordance with the compensation disclosure rules of the Securities and Exchange Commission (including the Compensation Discussion and Analysis, the executive compensation tables and the related footnotes and narratives accompanying the tables).

For Against Abstain
121,864,846 4,968,660 1,435,614

4. The appointment of Ernst & Young LLP as the Partnership's independent registered public accounting firm for 2021 was ratified by the following votes:

For Against Abstain
179,829,433 2,218,713 521,772




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.

Magellan Midstream Partners, L.P.
By: Magellan GP, LLC,
its general partner
Date: April 23, 2021 By: /s/ Suzanne H. Costin
Name: Suzanne H. Costin
Title: Vice President and Corporate Secretary