CIM COMMERCIAL TRUST CORPORATION (NASDAQ:CMCT) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07 Submission of Matters of a Vote of Security
Holders
The Annual Meeting of Stockholders was held on May4, 2017. A
total of 83,841,144 shares were voted in person or by proxy,
representing 99.75% of the shares entitled to be voted. The
following are the final voting results on proposals considered
and voted upon at the Annual Meeting, all of which are described
in the Proxy Statement.
1. Election of Directors.
|
|
For |
|
Withheld |
|
BrokerNon-Votes |
|
|
|
Douglas Bech |
82,919,998 |
153,286 |
767,860 |
||||
|
Robert Cresci |
82,839,907 |
233,377 |
767,860 |
||||
|
Kelly Eppich |
82,794,576 |
278,708 |
767,860 |
||||
|
Frank Golay,Jr. |
82,920,384 |
152,900 |
767,860 |
||||
|
Shaul Kuba |
82,794,741 |
278,543 |
767,860 |
||||
|
Richard Ressler |
82,794,741 |
278,543 |
767,860 |
||||
|
Avraham Shemesh |
82,794,562 |
278,722 |
767,860 |
The directors will continue to serve as directors until such time
as their successors are duly elected and qualified.
2. Ratification of the selection of BDO USA, LLC as the Companys
independent registered public accounting firm for the fiscal year
ending December31, 2017.
|
For |
83,808,738 |
||
|
Against |
30,245 |
||
|
Abstentions |
2,161 |
||
|
Broker Non-Votes |
|
The foregoing proposal was approved.
3. Approval of executive compensation by a non-binding advisory
vote.
|
For |
82,639,622 |
||
|
Against |
393,925 |
||
|
Abstentions |
39,737 |
||
|
Broker Non-Votes |
767,860 |
The foregoing proposal was approved.
4. Approval of frequency of the vote on executive compensation by
a non-binding advisory vote.
|
Every 1-Year |
83,013,345 |
||
|
Every 2-Years |
7,507 |
||
|
Every 3-Years |
16,671 |
||
|
Abstain |
35,761 |
||
|
Broker Non-Votes |
767,860 |
The 1-Year option was approved.
About CIM COMMERCIAL TRUST CORPORATION (NASDAQ:CMCT)
CIM Commercial Trust Corporation is engaged in acquiring, owning and operating Class A office investments in urban communities throughout the United States. These communities are located in areas that include traditional downtown areas and suburban main streets. The Company operates in the business segments, including the acquisition, redevelopment, ownership and management of office real estate, multifamily real estate and hotels. Its real estate portfolio consists of over 30 assets. It has approximately 20 office properties (including over two parking garages and over two development sites), totaling approximately 5.6 million rentable square feet, which are approximately 86.9% occupied; multifamily properties, composed of over 930 units, which are approximately 92.4% occupied, and hotels, which have a total of approximately 1,070 rooms. Its office, multifamily and hotel assets are located in over 10 of the United States markets. CIM COMMERCIAL TRUST CORPORATION (NASDAQ:CMCT) Recent Trading Information
CIM COMMERCIAL TRUST CORPORATION (NASDAQ:CMCT) closed its last trading session down -0.26 at 15.45 with 3,244 shares trading hands.