AMERICAN REALTY INVESTORS, INC. (NYSE:ARL) Files An 8-K Submission of Matters to a Vote of Security Holders

AMERICAN REALTY INVESTORS, INC. (NYSE:ARL) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 – Submission of Matters to the Vote of Security Holders

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On December 13, 2017, the Annual Meeting of Stockholders of American Realty Investors, Inc. (“ARL” or the “Issuer” or the “Registrant”) was held, following a solicitation of proxies, to a Notice of Annual Meeting and related Proxy Statement, dated November 9, 2017, distributed in accordance with the requirements of Regulation 14A under the Securities Exchange Act of 1934, as amended. On the record date of November 8, 2017, a total of 15,514,360 shares of Common Stock were outstanding, with each share entitled to cast one vote.

At the Annual Meeting, which involved the election of directors, the following named persons received the number of votes cast for, against or withheld, as well as the number of abstention and broker non-votes:

Name

No. of Votes

For

%

For

No. of Votes Withheld

No. of Votes Abstained

Broker Non-

Votes

Henry A. Butler

14,109,664

90.95%

43,210

1,464,886

Robert A. Jakuszewski

14,110,471

90.95%

42,403

1,464,886

Ted R. Munselle

14,110,471

90.95%

42,403

1,464,886

Raymond D. Roberts, Sr.

14,074,685

90.72%

78,189

1,464,886

All of the nominees named above, each of which is currently a director of the Registrant, were elected at such Annual Meeting.

The only other matter presented at the Annual Meeting was the ratification of the appointment of Farmer, Fuqua & Huff, P.C. as the independent registered public accounting firm for the Registrant for the fiscal year ending December 31, 2017, and any interim period. A total of 15,257,767 votes were cast FOR, 143,807 votes were cast AGAINST, and 216,186 votes ABSTAINED from voting with respect to such proposal. There were no broker non-votes.

The Annual Meeting of the Board of Directors was held on the following day, December 14, 2017. At such meeting, Henry A. Butler was reelected Chairman of the Board.


About AMERICAN REALTY INVESTORS, INC. (NYSE:ARL)

American Realty Investors, Inc. is an externally advised and managed real estate investment company that owns a diverse portfolio of income-producing properties and land held for development. The Company’s segments are commercial properties, apartments, land and other. The Company’s business is the acquisition, development and ownership of income-producing residential and commercial real estate properties. In addition, the Company acquires land for future development in in-fill or suburban markets. The Company’s portfolio of income-producing properties includes residential apartment communities, office buildings, hotels and other commercial properties. It owns approximately 50 residential apartment communities comprising over 7,980 units, approximately nine commercial properties comprising an aggregate of over 2.2 million rentable square feet, an investment in approximately 3,810 acres of undeveloped and partially developed land and a golf course comprising approximately 100 acres.

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