Select Income REIT (NASDAQ:SIR) Files An 8-K Submission of Matters to a Vote of Security Holders

Select Income REIT (NASDAQ:SIR) 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.

At the Company’s annual meeting of shareholders held on May16, 2018, the Company’s shareholders voted on the election of William A. Lamkin as the Independent Trustee in ClassIII of the Board of Trustees for a three year term of office continuing until the Company’s 2021 annual meeting of shareholders and until his successor is duly elected and qualifies. Mr.Lamkin received the following votes:

For

Withhold

BrokerNon-Votes

45,961,174

22,557,335

13,728,603

The Company’s shareholders also voted on a non-binding advisory resolution on the compensation paid to the Company’s named executive officers as disclosed to Item 402 of Regulation S-K in the Company’s proxy statement relating to the Company’s 2018 annual meeting of shareholders. This proposal received the following votes:

For

Against

Abstain

BrokerNon-Votes

57,568,901

10,559,785

389,823

13,728,603

The Company’s shareholders also ratified the appointment of Ernst& Young LLP as the Company’s independent auditors to serve for the 2018 fiscal year. This proposal received the following votes:

For

Against

Abstain

BrokerNon-Votes

80,818,293

1,311,012

117,807

The results reported above are final voting results.

Item 8.01. Other Events.

On May16, 2018, the Company updated its Trustee compensation arrangements. A summary of the Company’s currently effective Trustee compensation arrangements is filed as Exhibit10.1 hereto and is incorporated herein by reference.

Consistent with the Company’s Trustee compensation arrangements, on May16, 2018, the Company awarded each of the Company’s Trustees 3,000 common shares of beneficial interest, $.01 par value, of the Company (the “Common Shares”) valued at $20.21 per share, the closing price of the Common Shares on The Nasdaq Stock Market LLC on that date.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

10.1

Summary of Trustee Compensation


SELECT INCOME REIT Exhibit
EX-10.1 2 a18-13745_1ex10d1.htm EX-10.1 Exhibit 10.1   SELECT INCOME REIT   Summary of Trustee Compensation   The following is a summary of the currently effective compensation of the Trustees of Select Income REIT (the “Company”) for services as Trustees,…
To view the full exhibit click here

About Select Income REIT (NASDAQ:SIR)

Select Income REIT is a real estate investment trust. The Company primarily owns single tenant, net leased properties. The Company’s segment is the ownership of properties that include buildings and leased industrial lands that are primarily net leased to single tenants. The Company owns approximately 120 properties with over 44.7 million rentable square feet. The Company’s properties include approximately 110 office and industrial properties with over 26.9 million square feet located in approximately 30 states across the mainland United States (Mainland Properties), and over 10 properties located on the island of Oahu, Hawaii (Hawaii Properties), with approximately 17.8 million rentable square feet that are primarily leased to industrial and commercial tenants. The Company’s properties’ locations include Alabama, Arizona, California, Colorado, Florida, Georgia, Idaho, Illinois, Maryland, Michigan, Kansas, Nevada, New Jersey, Ohio, Oklahoma, Texas and Utah.

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