FRANKLIN STREET PROPERTIES CORP. (NYSEMKT:FSP) Files An 8-K Submission of Matters to a Vote of Security Holders
Item5.07 Submission of Matters to a Vote of Security Holders.
On May11, 2017, Franklin Street Properties Corp. (the Company)
held its 2017 Annual Meeting of Stockholders (the 2017 Annual
Meeting). The 2017 Annual Meeting was called for the following
purposes: (1)to elect two ClassIII directors, each to serve for a
term expiring at the 2020 annual meeting of stockholders and
until his or her respective successor is duly elected and
qualified, (2)to ratify the Audit Committees appointment of Ernst
Young LLP as the Companys independent registered public
accounting firm for the fiscalyear ending December31, 2017, (3)to
approve, by non-binding vote, the Companys executive
compensation, and (4)to recommend, by non-binding vote, the
frequency of future executive compensation advisory votes.
(1)The following table sets forth the names of the directors
elected at the 2017 Annual Meeting for a new three-year term and
the final number of votes cast for or withheld from each director
and the number of broker non-votes.
|
Name |
For |
Withheld |
Broker Non-Votes |
|
George J. Carter |
74,415,938 |
12,539,415 |
10,034,331 |
|
Georgia Murray |
77,096,755 |
9,858,598 |
10,034,331 |
|
(1) |
The proposal to ratify the Audit Committees appointment |
|
For |
Against |
Abstain |
|
96,315,555 |
574,439 |
99,690 |
|
(2) |
The proposal to approve, by non-binding vote, the |
|
For |
Against |
Abstain |
Broker Non-Votes |
|
83,258,077 |
800,615 |
2,896,661 |
10,034,331 |
|
(3) |
The stockholders recommended, in a non-binding, advisory |
|
1YEAR |
2YEARS |
3YEARS |
Abstain |
|
71,302,291 |
398,060 |
15,162,209 |
92,793 |
About FRANKLIN STREET PROPERTIES CORP. (NYSEMKT:FSP)
Franklin Street Properties Corp. is a real estate investment trust (REIT). The Company is focused on commercial real estate investments primarily in office markets. The Company operates through the real estate operations segment. The Company’s investment objectives are to create shareholder value by increasing revenue from rental, dividend, interest and fee income and net gains from sales of properties, and increase the cash available for distribution in the form of dividends to its stockholders. As of December 31, 2016, the Company owned and operated a portfolio of real estate consisting of 36 office properties, which were located in 12 states. It provides asset management, property management, property accounting, and investor and development services to its portfolio and certain of its Sponsored REITs through its subsidiaries. It focuses on investing in select urban infill and central business district properties with focus on Atlanta, Dallas, Denver, Houston and Minneapolis. FRANKLIN STREET PROPERTIES CORP. (NYSEMKT:FSP) Recent Trading Information
FRANKLIN STREET PROPERTIES CORP. (NYSEMKT:FSP) closed its last trading session down -0.06 at 10.81 with 355,001 shares trading hands.
