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 annual meeting of shareholders of the Company held on
May23, 2017, the Companys shareholders elected Donna D. Fraiche
as the Independent Trustee in ClassII of the Board of Trustees
for a three year term of office until the Companys 2020 annual
meeting of shareholders and to serve until her successor is
elected and qualifies. Ms.Fraiche received the following votes:
|
For |
|
Withhold |
|
BrokerNon-Votes |
|
|
53,747,313 |
15,489,328 |
13,424,362 |
The Companys shareholders also elected Adam D. Portnoy as the
Managing Trustee in ClassII of the Board of Trustees for a three
year term of office until the Companys 2020 annual meeting of
shareholders and to serve until his successor is elected and
qualifies. Mr.Portnoy received the following votes:
|
For |
|
Withhold |
|
BrokerNon-Votes |
|
|
50,279,147 |
18,957,494 |
13,424,362 |
The Companys shareholders also ratified the appointment of Ernst
Young LLP as the Companys independent auditors to serve for the
2017 fiscal year.This proposal received the following votes:
|
For |
|
Against |
|
Abstain |
|
BrokerNon-Votes |
|
|
82,014,525 |
532,321 |
114,157 |
|
The results reported above are final voting results.
Item 8.01. Other Events.
On May23, 2017, the Company updated its Trustee compensation
arrangements. A summary of the Companys currently effective
Trustee compensation arrangements is filed as Exhibit10.1 hereto
and is incorporated herein by reference.
Consistent with the Companys Trustee compensation arrangements,
on May23, 2017, the Company granted each of the Companys Trustees
an award of 3,000 common shares of beneficial interest, $.01 par
value, of the Company (the Common Shares) valued at $24.13 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
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. Select Income REIT (NASDAQ:SIR) Recent Trading Information
Select Income REIT (NASDAQ:SIR) closed its last trading session down -0.06 at 24.35 with 198,883 shares trading hands.