CareTrust REIT, Inc. (NASDAQ:CTRE) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item5.02.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February28, 2017, the Board of Directors of CareTrust REIT,
Inc. (the Company) appointed Mr.SpencerG. Plumb as an independent
ClassIII director, effective February28, 2017, to serve until the
Companys 2017 annual meeting of stockholders and until his
successor is duly elected and qualified. Mr.Plumbs appointment
fills the vacancy that was created by Mr.GaryB. Sabins previously
disclosed resignation from the Companys Board of Directors,
effective August1, 2016. No determination has been made as to any
committees of the Board of Directors on which Mr.Plumb may serve.
In connection with his service as a director, Mr.Plumb will
receive the Companys standard non-employee director cash and
equity compensation, which is described in the Companys
definitive proxy statement on Schedule 14A filed with the
Securities and Exchange Commission on April14, 2016. Mr.Plumbs
initial cash retainer will be prorated based on the remaining
service period thereof following his appointment to the Board of
Directors.
There is no
arrangement or understanding between Mr.Plumb and any other
persons to which Mr.Plumb was appointed as a director, and
Mr.Plumb has no direct or indirect material interest in any
transaction required to be disclosed to Item 404(a) of Regulation
S-K.
| Item7.01. | Regulation FD Disclosure. |
On March1, 2017,
the Company issued a press release announcing the appointment of
Mr.Plumb to the Board of Directors as set forth in Item 5.02 of
this Current Report on Form 8-K.
A copy of the
press release is furnished as Exhibit 99.1 hereto. This
information shall not be deemed filed for purposes of Section18
of the Securities Exchange Act of 1934, as amended, and is not
incorporated by reference into any filing of the Company whether
made before or after the date hereof, regardless of any general
incorporation language in such filing.
| Item9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
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Exhibit No. |
Description |
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| 99.1 | Press Release dated March1, 2017. |
About CareTrust REIT, Inc. (NASDAQ:CTRE)
CareTrust REIT, Inc. is a self-administered, self-managed real estate investment trust (REIT). The Company is primarily engaged in the ownership, acquisition and leasing of healthcare-related properties. The Company’s segment consists of investments in healthcare-related real estate assets. The Company’s real estate portfolio includes approximately 120 skilled nursing facilities (SNFs), assisted living facilities (ALFs) and independent living facilities (ILFs). The Company’s facilities leased to The Ensign Group, Inc. have a total of approximately 10,120 beds and units, and are located in Arizona, California, Colorado, Idaho, Iowa, Nebraska, Nevada, Texas, Utah and Washington. Its facilities leased affiliates of Pristine Senior Living have a total of approximately 1,260 beds and units, and are located in Ohio. Its other properties have a total of over 770 beds and units, and are located in Colorado, Florida, Georgia, Idaho, Minnesota, Virginia and Washington. CareTrust REIT, Inc. (NASDAQ:CTRE) Recent Trading Information
CareTrust REIT, Inc. (NASDAQ:CTRE) closed its last trading session 00.00 at 15.78 with 717,425 shares trading hands.