FOUR CORNERS PROPERTY TRUST, INC. (NYSE:FCPT) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07
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Submission of Matters to a Vote of Security Holders. |
On June16, 2017, Four Corners Property Trust, Inc. (the Company)
held its annual meeting of stockholders. At the annual meeting,
stockholders voted on the matters disclosed in the Companys
definitive Proxy Statement on Schedule 14A filed with the
Securities and Exchange Commission on April28, 2016 (the Proxy
Statement). The final voting results for the matters submitted to
a vote of stockholders were as follows:
Proposal One: Election of Directors
The Companys stockholders elected the persons listed below as
directors for a one-year term expiring in 2018 and until their
respective successors are elected and qualified.
VotesCastFor |
VotesCastAgainst |
Abstentions |
BrokerNon- Votes |
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48,124,712 | 121,439 | 28,059 | 5,751,931 | ||||||||||||
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48,100,008 | 145,424 | 28,778 | 5,751,931 | ||||||||||||
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48,116,037 | 129,647 | 28,526 | 5,751,931 | ||||||||||||
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48,088,763 | 156,319 | 29,128 | 5,751,931 | ||||||||||||
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48,103,492 | 141,458 | 29,260 | 5,751,931 |
Proposal Two: Ratification of the Appointment of
Independent Registered Public Accounting Firm
The Companys stockholders ratified the appointment of KPMG LLP as
the Companys independent registered public accounting firm for
the fiscal year ending December31, 2017.
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60,329 | 37,605 |
Proposal Three: Approval, on a Non-Binding Advisory
Basis, of the Compensation of the Companys Named Executive
Officers
The Companys stockholders approved, on a non-binding advisory
basis, the compensation of the Companys named executive officers
as disclosed in the Proxy Statement.
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1,463,138 | 129,478 | 5,751,931 |
Proposal Four: Selection, on a Non-Binding Advisory
Basis, of the Frequency with which the Company will Conduct the
Non-Binding Advisory Vote on Executive Compensation
The Companys stockholders voted, in a non-binding advisory vote,
whether to hold the advisory vote on executive compensation every
one, two or three years as set forth below.
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97,441 | 9,706,245 | 107,738 | 5,751,931 |
In light of this vote, the Company intends to include the
advisory stockholder vote on executive compensation every year
until the next required vote on the frequency of stockholder
votes on executive compensation. The Company is required to hold
a vote on frequency every six years.
About FOUR CORNERS PROPERTY TRUST, INC. (NYSE:FCPT)
Four Corners Property Trust, Inc. is a self-administered company, which is engaged in the ownership, acquisition and leasing of restaurant properties. The Company’s business is conducted through its subsidiaries, Four Corners Operating Partnership, LP (Four Corners OP) and Four Corners GP, LLC (Four Corners GP). It operates through two segments: real estate operations and restaurant operations. It owns over 424 properties in the United States. Of these properties, 418 are held for investment. These 418 properties have an aggregate leasable area of approximately 3,287,000 square feet, which are located in over 44 states. The remaining six properties are operated by the Kerrow Restaurant Operating Business as LongHorn Steakhouses. Of approximately six LongHorn SteakHouse restaurant properties located in the San Antonio area, over three properties are leased to its subsidiary, Kerrow Holdings, LLC (together with its subsidiaries Kerrow), and approximately three are owned by Kerrow.