CEDAR REALTY TRUST, INC. (NYSE:CDR-B) Files An 8-K Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a RegistrantItem 2.03. Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant
The information set forth above under Item 2.03 of this Current Report on Form 8-K is hereby incorporated into this Item 2.03 by reference.
Item 2.03. Submission of Matters to a Vote of Security Holders
At the 2017 Annual Meeting of Stockholders, the Company’s stockholders voted, among other matters, on an advisory basis, as to the frequency with which executive compensation will be subject to future advisory stockholder votes. As previously reported, the greatest number of votes was cast in favor of every “1 Year”.
In accordance with the Board of Directors of the Company’s recommendation as set forth in the Company’s proxy statement for the 2017 Annual Meeting of Stockholders and consistent with the stated preference of the Company’s stockholders, the Company has determined that future advisory stockholder votes on executive compensation will be conducted on an annual basis until the next advisory vote on this matter is held, which is expected to occur no later than the Company’s 2023 Annual Meeting of Stockholders.