ACADIA REALTY TRUST (NYSE:AKR) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
The annual meeting of shareholders of Acadia Realty Trust ("the Company") was held on May 10, 2018. Shareholders representing 79,387,661 common shares of beneficial interest ("Common Shares"), or 96.10%, of the Common Shares outstanding as of the March 16, 2018 record date, either participated or were represented at the meeting by proxy.
The proposals listed below were submitted to a vote of the holders of Common Shares ("Shareholders"). The proposals are described in the Company's definitive proxy statement for the annual meeting previously filed with the Securities and Exchange Commission. The following tables set forth the voting results of the proposals.
|
Votes Cast For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
|
Proposal 1 – Election of Trustees |
||||
|
Proposal 1a – Election of Trustee: Kenneth F. Bernstein |
77,988,282 |
418,371 |
3,706 |
977,302 |
|
Proposal 1b – Election of Trustee: Douglas Crocker II |
65,008,058 |
13,367,400 |
34,901 |
977,302 |
|
Proposal 1c – Election of Trustee: Lorrence T. Kellar |
77,361,011 |
1,014,447 |
34,901 |
977,302 |
|
Proposal 1d – Election of Trustee: Wendy Luscombe |
65,122,638 |
13,253,120 |
34,601 |
977,302 |
|
Proposal 1e – Election of Trustee: William T. Spitz |
77,734,664 |
640,587 |
35,108 |
977,302 |
|
Proposal 1f – Election of Trustee: Lynn Thurber |
77,943,027 |
432,523 |
34,809 |
977,302 |
|
Proposal 1g – Election of Trustee: Lee S. Wielansky |
77,087,569 |
1,319,086 |
3,704 |
977,302 |
|
Proposal 1h – Election of Trustee: C. David Zoba |
65,307,679 |
13,067,779 |
34,901 |
977,302 |
|
Votes Cast For |
Votes Against |
Abstentions |
|
|
Proposal 2 – Ratify BDO USA, LLP as Independent Registered Public Accounting Firm |
78,853,799 |
527,592 |
6,270 |
|
Votes Cast For |
Votes Against |
Abstentions |
Broker Non-Votes |
|
|
Proposal 3 – Approval, on an Advisory Basis, of the Compensation of Named Executive Officers |
77,252,746 |
1,115,305 |
42,308 |
977,302 |
About ACADIA REALTY TRUST (NYSE:AKR)
Acadia Realty Trust is a real estate investment trust. The Company is focused on the ownership, acquisition, redevelopment and management of retail properties located primarily in metropolitan areas in the United States. The Company’s segments include Core Portfolio, Funds and Structured Financing. The Company conducts its operations through Acadia Realty Limited Partnership. The Company’s Core Portfolio consists primarily of street retail and urban assets, as well as suburban properties located in various trade areas. The Company also makes investments in first mortgages, preferred equity and other notes receivable collateralized by real estate. The Company’s Core Portfolio includes approximately 90 operating properties, totaling over 5.6 million square feet of gross leasable area (GLA). The Company’s properties, which primarily consist of street retail and dense suburban shopping centers, are located in approximately 10 states of the United States and the District of Columbia.