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SECURITIES AND EXCHANGE COMMISSION
Washington, D. C. 20549
FORM 10-Q/A
(X) QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
For the quarterly period ended June 30, 1994
File Number: 1-7176
THE COASTAL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware 74-1734212
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(State or other jurisdiction (I.R.S. Employer Identification
of organization) Number
Coastal Tower
Nine Greenway Plaza
Houston, Texas 77046-0995
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 713/877-1400
Indicate by check mark whether the registrant (1) has filed all
reports required to be filed by Section 13 or 15(d) of the
Securities Exchange Act of 1934 during the preceding 12 months
(or for such shorter period that the registrant was required to
file such reports), and (2) has been subject to such filing
requirements for the past 90 days.
Yes X No
As of December 31, 1994, there were outstanding 104,330,711
shares of Common Stock, 33-1/3 cents par value per share, and
415,711 shares of Class A Common Stock, 33-1/3 cents par value
per share, of the Registrant.
This amendment to Form 10Q is being filed in order to
correct Part II, Item 4, Submission of Matters to a Vote of
Security Holders only. All other items and exhibits of the
Registrant's Form 10-Q for the quarterly period ended June 30,
1994 are unaffected and are not filed as part of this amendment.
PART II, ITEM 4.
On May 5, 1994, the 1994 Annual Meeting of Stockholders of
the Company was held. At such meeting all four directors<PAGE>
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nominated as a Class II director were elected uncontested: (i)
90,040,850 votes were cast for the election of David A. Arledge
and 625,589 votes were withheld; (ii) 128,571,099 votes were cast
for the election of George L. Brundrett, Jr. and 793,540 votes
were withheld; (iii) 128,577,958 votes were cast for the election
of L.D. Wooddy, Jr. and 786,681 votes were withheld and (iv)
128,576,927 votes were cast for the election of O.S. Wyatt, Jr.
and 787,712 votes were withheld.
The Company proposed that The Coastal Corporation 1994
Incentive Stock Plan be adopted. The proposal was approved:
117,911,367 affirmative votes and 9,371,320 negative votes were
cast with respect to such matter. There were also 1,717,778
abstentions and 364,174 broker non-votes. The Company proposed
that The Coastal Corporation Stock Purchase Plan be adopted. The
proposal was approved: 124,296,642 affirmative votes and
3,130,434 negative votes were cast with respect to such matter.
There were also 1,913,463 abstentions and 24,100 broker
non-votes. A stockholder proposal requesting that the Company
prepare a report that would (a) describe the Company's position
with respect to The Coalition for Environmentally Responsible
Economies (CERES) Principles (involving environmental matters);
(b) describe Company programs, progress, and plans relative to
these Principles; and (c) report information in the format
specified by CERES, was voted upon at such meeting. The
stockholder proposal was defeated: 8,768,172 affirmative votes
and 98,105,196 negative votes were cast with respect to such
matter. There were also 11,276,093 abstentions and 11,215,178
broker non-votes.
Pursuant to the requirements of the Securities Exchange Act
of 1934, the registrant has duly caused this amendment to be
signed on its behalf by the undersigned, thereunto duly
authorized.
THE COASTAL CORPORATION
(Registrant)
Date: February 8, 1995 By: AUSTIN M. O'TOOLE
Austin M. O'Toole
Senior Vice President
& Secretary
