Saul Centers, Inc. (NYSE:BFS) Files An 8-K Submission of Matters to a Vote of Security Holders

Saul Centers, Inc. (NYSE:BFS) Files An 8-K Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders.

On May 5, 2017, the Company held its Annual Meeting of Stockholders, at which John E. Chapoton, H. Gregory Platts, B. Francis Saul II and John R. Whitmore were reelected to the Board of Directors for three year terms expiring at the 2020 Annual Meeting. The terms of the remaining Board members did not expire as of the May 5, 2017>meeting, and those individuals continue as directors of the Company. Holders of 20,539,336 shares of the Company’s common stock voted in person at the meeting or by proxy (representing 95.5% of the 21,515,753 shares eligible to vote) as follows:
In Favor Withheld> Not Voted
John E. Chapoton 19,362,470 81,025 1,095,841
H. Gregory Platts 19,371,726 71,769 1,095,841
B. Francis Saul II 19,085,198 358,297 1,095,841
John R. Whitmore 18,884,561 558,934 1,095,841
The stockholders voted for the ratification of Ernst & Young as independent public accountants as follows:
In Favor Opposed Abstain
20,492,540 41,390 5,406
The stockholders voted to approve the compensation paid to the Company’s named executive officers, as disclosed in the Company’s Proxy Statement for the 2017 Annual Meeting of Stockholders:
In Favor Opposed Abstain Not Voted
19,145,338 275,603 22,554 1,095,841
The stockholders voted to have an advisory vote on executive compensation every three years:
One Year Two Years Three Years Abstain Not Voted
7,622,455 47,268 11,608,902 137,659 1,123,052
Item 8.01. Other Events.
The Company posted on its web site,, a presentation given by management at the Company’s annual meeting of stockholders. The presentation is Exhibit 99.(a) to this current report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
99.(a) Annual Meeting Presentation

About Saul Centers, Inc. (NYSE:BFS)

Saul Centers, Inc. (Saul Centers) operates as a real estate investment trust (REIT). The Company’s principal business activity is the ownership, management and development of income-producing properties. It operates in two segments: Shopping Centers and Mixed-Use Properties. The Company conducts its business through Saul Holdings Limited Partnership and/or directly or indirectly owned subsidiaries. It is engaged in the management, leasing, acquisition, renovation, expansion and financing of community and neighborhood shopping centers and mixed-used properties, located in the Washington, District of Columbia (DC)/Baltimore metropolitan area. The operating property portfolio consists of over 50 neighborhood and community Shopping Centers, and over six Mixed-Use Properties totaling approximately 7.9 million and over 1.4 million square feet of gross leasable area (GLA), respectively. The Company’s retail tenants include Giant Food and Safeway.

Saul Centers, Inc. (NYSE:BFS) Recent Trading Information

Saul Centers, Inc. (NYSE:BFS) closed its last trading session up +0.09 at 58.56 with 30,667 shares trading hands.

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