DiamondRock Hospitality Company (NYSE:DRH) Files An 8-K Results of Operations and Financial ConditionItem 2.02. Results of Operations and Financial Condition.
On May 3, 2018, DiamondRock Hospitality Company (the “Company”) issued a press release announcing its financial results for the quarter ended March 31, 2018. A copy of that press release is furnished as Exhibit 99.1 and is incorporated by reference herein.
The information furnished to this Item 2.02, including Exhibit99.1, shall not be deemed “filed” for any purpose, including for the purposes of Section18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
Item 2.02. Submission of Matters to a Vote of Security Holders.
On May 2, 2018, the Company held its annual meeting of stockholders (the “Annual Meeting”). The results of the voting at the Annual Meeting were as follows:
|
1. |
The following directors were elected to the Company’s Board of Directors (constituting the entire Board of Directors) to serve until the 2019 annual meeting of stockholders and until their respective successors are duly elected and qualified: |
|
Name |
For |
Against |
Abstain |
Broker Non-Votes |
|
Daniel J. Altobello |
179,747,823 |
5,140,744 |
53,983 |
5,106,404 |
|
Mark W. Brugger |
181,672,224 |
3,215,632 |
54,694 |
5,106,404 |
|
Timothy R. Chi |
183,165,334 |
1,723,363 |
53,853 |
5,106,404 |
|
Maureen L. McAvey |
179,795,084 |
4,662,769 |
484,697 |
5,106,404 |
|
William W. McCarten |
181,575,460 |
3,312,281 |
54,809 |
5,106,404 |
|
Gilbert T. Ray |
164,546,774 |
20,341,407 |
54,369 |
5,106,404 |
|
William J. Shaw |
183,148,944 |
1,739,237 |
54,369 |
5,106,404 |
|
Bruce D. Wardinski |
183,162,203 |
1,726,493 |
53,854 |
5,106,404 |
|
2. |
The Company’s stockholders approved, on a non-binding, advisory basis, the compensation of the Company’s named executive officers. |
|
For |
Against |
Abstain |
Broker Non-Votes |
|
137,042,879 |
47,679,728 |
219,943 |
5,106,404 |
|
3. |
The Company’s stockholders ratified the appointment of KPMG LLP as the Company’s independent auditor for the fiscal year ending December 31, 2018. |
|
For |
Against |
Abstain |
|
188,641,229 |
1,401,940 |
5,785 |
Item 2.02. Regulation FD Disclosure.
A copy of a slide presentation the Company intends to use at investor meetings is attached to this Current Report on Form 8-K (“Current Report”) as Exhibit 99.2 and is incorporated by reference herein. Additionally, the Company has posted the slide presentation in the investor relations/presentations section of its website at www.drhc.com. The information available at the Company's website is not part of this Current Report or any other report filed or furnished by the Company with the Securities and Exchange Commission.
The information furnished to this Item 2.02, including Exhibit99.2, shall not be deemed “filed” for any purpose, including for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that Section, and shall not be deemed to be incorporated by reference into any filing under the Securities Act of 1933, as amended, or the Exchange Act, regardless of any general incorporation language in such filing.
Item 2.02. Financial Statements and Exhibits.
(d) Exhibits.
The following exhibits are included with this report:
DiamondRock Hospitality Co ExhibitEX-99.1 2 exhibit9911q2018.htm EXHIBIT 99.1 Exhibit COMPANY CONTACT Jay Johnson(240) 744-1150FOR IMMEDIATE RELEASEDIAMONDROCK HOSPITALITY COMPANY REPORTS FIRST QUARTER 2018 RESULTS Raises 2018 RevPAR Outlook by 100 Basis Points at MidpointBETHESDA,…To view the full exhibit click here
About DiamondRock Hospitality Company (NYSE:DRH)
DiamondRock Hospitality Company is a lodging-focused Maryland corporation operating as a real estate investment trust (REIT). The Company owns a portfolio of approximately 30 hotels and resorts throughout North America and the United States Virgin Islands that consists of over 10,925 guest rooms. Its primary business is to acquire, own, asset manage and renovate full-service hotel properties in the United States. Its portfolio is concentrated in gateway cities and destination resort locations. The Company conducts its business through an umbrella partnership REIT (UPREIT) in which the Company’s hotels are owned by subsidiaries of its operating partnership, DiamondRock Hospitality Limited Partnership. The Company is the sole general partner of its operating partnership and owns either directly or indirectly, all of the limited partnership units of its operating partnership.
