SL GREEN REALTY CORP. (NYSE:SLG) 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
(a)SL Green Realty Corp. (the Company) held its Annual Meeting of
Stockholders (the Annual Meeting) on June1, 2017.
(b)The Annual Meeting was held for the purpose of: (i)electing
three ClassII directors to serve on the Companys Board of
Directors until its 2020 annual meeting of stockholders and until
their successors are duly elected and qualify; (ii)approving, on
an advisory basis, the Companys executive compensation;
(iii)voting on an amendment of the Companys Articles of
Restatement to effect the declassification of the Companys Board
of Directors; (iv)ratifying the appointment of Ernst Young LLP as
the Companys independent registered public accounting firm for
the fiscal year ending December31, 2017; (v)voting, on an
advisory basis, on whether an advisory vote on executive
compensation should be held every one, two or three years; and
(vi)considering and acting upon a stockholder proposal regarding
setting target amounts for CEO compensation. Further information
regarding the foregoing proposals is contained in the Companys
Definitive Proxy Statement on Schedule 14A, filed with the
Securities and Exchange Commission on May1, 2017. The total
number of shares of common stock entitled to vote at the Annual
Meeting was 101,831,845, of which 93,409,529 shares, or
approximately 91.7%, were present in person or by proxy.The
results of the meeting were as follows:
Proposal 1
Betsy Atkins, Marc Holliday and John S. Levy were elected, with
approximately 75.6%, 99.3% and 59.5%, respectively, of the votes
cast voting in favor, as the ClassII directors of the Company for
three-year terms and until their successors are duly elected and
qualify.
|
VotesFor |
|
VotesAgainst |
|
VotesAbstaining |
|
BrokerNon-Votes |
|
|
Betsy Atkins |
69,549,968 |
22,433,948 |
35,552 |
1,390,061 |
|||||
Marc Holliday |
91,387,256 |
596,686 |
35,526 |
1,390,061 |
|||||
John S. Levy |
54,710,458 |
37,262,503 |
46,507 |
1,390,061 |
Proposal 2
In a non-binding advisory vote on the Companys executive
compensation, the Companys executive compensation was not
approved, with approximately 42.7% of the votes cast voting in
favor.
VotesFor |
|
VotesAgainst |
|
VotesAbstaining |
|
BrokerNon-Votes |
|
39,278,013 |
52,498,981 |
242,474 |
1,390,061 |
Proposal 3
The amendment to the Companys Articles of Restatement to effect
the declassification of the Board of Directors was approved,
with approximately 90.3% of the votes entitled to be cast on
the matter voting in favor.
VotesFor |
|
VotesAgainst |
|
VotesAbstaining |
|
BrokerNon-Votes |
|
91,972,407 |
13,598 |
33,463 |
1,390,061 |
Proposal 4
The appointment of Ernst Young LLP as the Companys independent
registered public accounting firm for the fiscal year ending
December31, 2017 was ratified, with approximately 99.3% of the
votes cast voting in favor.
VotesFor |
|
VotesAgainst |
|
VotesAbstaining |
|
92,740,940 |
629,492 |
39,097 |
Proposal 5
The Companys stockholders recommended, on an advisory basis,
that advisory votes on executive compensation should be held
every year, with approximately 96.6% of the votes cast voting
in favor of such option. Consistent with the stockholders
recommendation, the Board of Directors of the Company
determined that it will include future advisory votes on
executive compensation in the Companys annual meeting proxy
materials every year until the next advisory vote on the
frequency of stockholder votes on executive compensation, which
the Company expects will occur no later than the Companys
Annual Meeting of Stockholders in 2023.
OneYear |
|
TwoYears |
|
ThreeYears |
|
VotesAbstaining |
|
BrokerNon-Votes |
|
88,810,485 |
20,831 |
3,146,028 |
42,124 |
1,390,061 |
Proposal 6
A stockholder proposal regarding setting target amounts for CEO
compensation was not approved, with approximately 3.6% of the
votes cast voting in favor.
VotesFor |
|
VotesAgainst |
|
VotesAbstaining |
|
BrokerNon-Votes |
|
3,306,716 |
85,190,361 |
3,522,391 |
1,390,061 |
About SL GREEN REALTY CORP. (NYSE:SLG)
SL Green Realty Corp. is a self-managed real estate investment trust, with in-house capabilities in property management, acquisitions and dispositions, financing, development and redevelopment, construction and leasing. The Company acquires, owns, repositions, manages and leases commercial office, retail and multifamily properties in the New York Metropolitan area. It operates through two segments: real estate, and debt and preferred equity investments. It owns or holds interests in approximately 30 consolidated and over five unconsolidated commercial office buildings encompassing approximately 21.0 million rentable square feet and approximately 3.0 million rentable square feet, for a total of over 24.0 million rentable square feet, located primarily in midtown Manhattan. It invests in well-collateralized debt and preferred equity investments. It manages an office building owned by a third-party encompassing over 336,000 square feet and holds debt and preferred equity investments. SL GREEN REALTY CORP. (NYSE:SLG) Recent Trading Information
SL GREEN REALTY CORP. (NYSE:SLG) closed its last trading session up +0.60 at 103.31 with 740,039 shares trading hands.