UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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The Securities Exchange Act of 1934
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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. ☐
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Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
Jordan T. Marye and John D. Jacobi resigned from the Board of Directors of Comstock Resources, Inc. (the "Company") effective on August 21, 2020.
The resignations of Mr. Marye and Mr. Jacobi were related to the ownership by Covey Park Holdings LLC of the Company’s common stock decreasing to less than 10% of the total shares outstanding and were not the result of any disagreements with the Company on any matter relating to the Company's operations, policies or practices.
M. Jay Allison, Roland O. Burns, Elizabeth B. Davis, Morris E. Foster and Jim L. Turner will continue to serve on the Company's Board of Directors and Mr. Allison will continue to serve as Chairman of the Board of Directors. The Board of Directors has determined not to fill the vacancies resulting from the resignations of Mr. Marye and Mr. Jacobi at this time.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
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COMSTOCK RESOURCES, INC. |
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Dated: August 21, 2020 |
By: |
/s/ ROLAND O. BURNS |
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Roland O. Burns |
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President and Chief Financial Officer |