PUBLIC STORAGE (NYSE:PSA) Files An 8-K Results of Operations and Financial Condition
Item 2.02 of this Form 8-K and the Exhibit attached hereto to
Item 9.01 shall not be deemed filed for purposes of Section 18 of
the Securities Exchange Act of 1934 (the Exchange Act) or
otherwise subject to the liabilities of that section, nor shall
it be deemed incorporated by reference in any filing under the
Securities Act of 1933 or the Exchange Act, except as expressly
set forth by specific reference in such filing.
Item 2.02Results of Operations and Financial Condition and
Exhibits
On April 26, 2017, Public Storage (Public Storage or the Company)
announced its financial results for the quarter ended March 31,
2017.The full text of the press release issued in connection with
the announcement is included in Exhibit 99.1 to this Current
Report on Form 8-K.
Item 5.07Submission of Matters to a Vote of Security Holders
Four proposals were submitted to Public Storage shareholders for
a vote at the 2017 Annual Meeting of Shareholders (the 2017
Annual Meeting) held on April 26, 2017. The proposals are
described in detail in our proxy statement for the 2017Annual
Meeting filed with the Securities and Exchange Commission on
March 17, 2017. The final results for the votes for each proposal
are set forth below:
|
1. |
Our shareholders elected ninetrustees to the Board of |
|
Name |
For |
Against |
Abstain |
Broker Non-Votes |
Uncast |
|
Ronald L. Havner, Jr. |
137,109,744 |
9,385,875 |
4,858,711 |
7,547,471 |
375 |
|
Tamara Hughes Gustavson |
145,723,773 |
5,547,695 |
82,862 |
7,547,471 |
375 |
|
Uri P. Harkham |
145,383,286 |
5,885,885 |
85,159 |
7,547,471 |
375 |
|
Leslie S. Heisz |
150,369,574 |
899,557 |
85,199 |
7,547,471 |
375 |
|
B. Wayne Hughes, Jr. |
145,476,712 |
5,793,193 |
84,425 |
7,547,471 |
375 |
|
Avedick B. Poladian |
118,698,622 |
32,568,518 |
87,190 |
7,547,471 |
375 |
|
Gary E. Pruitt |
119,291,992 |
31,976,647 |
85,691 |
7,547,471 |
375 |
|
Ronald P. Spogli |
120,644,838 |
30,621,396 |
88,096 |
7,547,471 |
375 |
|
Daniel C. Staton |
146,788,874 |
4,480,445 |
85,011 |
7,547,471 |
375 |
|
2. |
Our shareholders approved the advisory vote on executive |
|
For |
Against |
Abstain |
Broker Non-Votes |
Uncast |
|
142,211,393 |
8,322,983 |
819,954 |
7,547,471 |
375 |
|
3. |
Our shareholders voted to hold future advisory votes to |
|
For Every 1 Year |
For Every 2 Years |
For Every 3 Years |
Abstain |
Broker Non-Votes |
Uncast |
|
134,813,093 |
134,471 |
16,253,264 |
153,025 |
7,547,471 |
852 |
|
4. |
Our shareholders ratified the appointment of Ernst Young |
|
For |
Against |
Abstain |
Broker Non-Votes |
Uncast |
|
157,737,542 |
1,050,209 |
114,050 |
– |
375 |
Item 9.01Financial Statements and Exhibits
(c)Exhibits
Exhibit 99.1 Press Release dated April 26, 2017
About PUBLIC STORAGE (NYSE:PSA)
Public Storage is a real estate investment trust. The Company’s business activities include the ownership and operation of self-storage facilities, which offer storage spaces for lease, generally on a month-to-month basis, for personal and business use, ancillary activities, such as merchandise sales and tenant reinsurance to the tenants at its self-storage facilities, as well as the acquisition and development of additional self-storage space. It operates through Self-Storage Operations, Ancillary Operations, Investment in PS Business Parks, Inc. (PSB) and Investment in Shurgard Europe segments. It also has direct and indirect equity interests in over 30 million net rentable square feet of commercial space located in over nine states in the United States primarily owned and operated by PSB under the PS Business Parks name. It manages approximately 30 self-storage facilities for third parties, and has equity interests in and manages over 12 additional self-storage facilities. PUBLIC STORAGE (NYSE:PSA) Recent Trading Information
PUBLIC STORAGE (NYSE:PSA) closed its last trading session down -1.61 at 223.93 with 731,934 shares trading hands.