Resource Capital Corp. (NYSE:RSO) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07.
As previously reported in the Original Form 8-K, at the Annual Meeting a non-binding, advisory vote was taken on the frequency of future advisory say on pay votes. Among the options presented to stockholders (annual, biennial or triennial), the greatest number of votes were cast in favor of holding such an advisory vote on an annual basis. The Company’s board of directors considered the outcome of this advisory vote and unanimously determined that the Company will hold future say on pay votes on an annual basis until the next required vote on the frequency of say on pay votes. The next advisory vote on the frequency of say on pay votes is required to occur no later than the Company’s 2023 annual meeting of stockholders.
to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
|RESOURCE CAPITAL CORP.|
/s/ Michele R. Weisbaum
|Michele R. Weisbaum|
|Senior Vice President, Chief Legal Officer and Secretary|
Dated: September 13, 2017
[ About Resource Capital Corp. (NYSE:RSO)
Resource Capital Corp. is a real estate finance company. The Company invests in asset classes, which include commercial real estate-related assets, residential real estate-related assets and commercial finance assets. Its investments in commercial real estate-related assets include first mortgage loans (referred as whole loans); first priority interests in first mortgage loans; subordinated interests in first mortgage loans, and commercial mortgage-backed securities. Its investments in residential real estate-related assets include residential mortgage loans and mortgage-backed securities. Its investments in commercial finance assets include middle-market secured corporate loans and preferred equity investments; asset-backed securities backed by senior secured corporate loans; debt tranches of collateralized debt obligations and collateralized loan obligations, and senior secured corporate loans (referred as bank loans). It is externally managed by Resource Capital Manager, Inc. Resource Capital Corp. (NYSE:RSO) Recent Trading Information
Resource Capital Corp. (NYSE:RSO) closed its last trading session up +0.05 at 10.25 with 185,157 shares trading hands.