NATIONAL RETAIL PROPERTIES, INC. (NYSE:NNN) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07. Submission of Matters to a Vote of Security Holders.
On May 17, 2018, National Retail Properties, Inc. (the “Company”) held its 2018 annual meeting of stockholders (the “Annual Meeting”). The matters submitted to the Company's stockholders for a vote included (a) the election of nine directors, (b) an advisory vote on executive compensation, and (c) the ratification of the selection of the Company's independent registered public accounting firm for 2018. The results of such votes are set forth herein.
Proposal 1: Election of Directors
The nine nominees for the Board of Directors were elected to hold office until the next annual meeting of stockholders or until their respective successors have been elected and qualified. The tabulation of votes was as follows:
|
Nominee |
For |
Withheld |
Broker Non-Votes |
|
Pamela K. M. Beall |
126,539,691 |
1,535,919 |
13,861,798 |
|
Steven D. Cosler |
127,232,837 |
842,773 |
13,861,798 |
|
Don DeFosset |
126,121,840 |
1,953,770 |
13,861,798 |
|
David M. Fick |
127,245,893 |
829,717 |
13,861,798 |
|
Edward J. Fritsch |
125,641,052 |
2,434,558 |
13,861,798 |
|
Kevin B. Habicht |
116,806,317 |
11,269,293 |
13,861,798 |
|
Robert C. Legler |
127,009,126 |
1,066,484 |
13,861,798 |
|
Sam L. Susser |
126,523,879 |
1,551,731 |
13,861,798 |
|
Julian E. Whitehurst |
127,223,160 |
852,450 |
13,861,798 |
There were no votes against the nominees with respect to Proposal 1.
Proposal 2: An advisory vote on executive compensation
The Company's stockholders approved, on an advisory basis, the compensation of the Company's named executive officers as set forth below:
|
For |
Against |
Abstain |
Broker Non-Votes |
|
118,635,368 |
8,995,167 |
445,075 |
13,861,798 |
Proposal 3: Ratification of the Appointment of Ernst & Young LLP as the Company's Independent Registered Public Accounting Firm
The appointment of Ernst & Young LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2018, was ratified as set forth below:
|
For |
Against |
Abstain |
|
140,731,354 |
862,931 |
343,123 |
There were no broker non-votes with respect to Proposal 3.
About NATIONAL RETAIL PROPERTIES, INC. (NYSE:NNN)
National Retail Properties, Inc. is a real estate investment trust (REIT). The Company acquires, owns, invests in and develops properties that are leased primarily to retail tenants under long-term net leases and are held for investment. The Company owns over 2,050 Properties with a gross leasable area of approximately 24,964,000 square feet, located in approximately 50 states. The Company’s portfolio includes convenience stores; automotive service; family entertainment centers; theaters; automotive parts; health and fitness; recreational vehicle dealers, parts and accessories, and banks. The Company has operations in Texas, Florida, Ohio, North Carolina, Illinois, Georgia, Virginia, Indiana and Alabama, among others. The Company owns approximately 20 vacant, un-leased Properties.
