STAG INDUSTRIAL, INC. (NYSE:STAG) Files An 8-K Other Events
ITEM 8.01. OTHER EVENTS
Governance Guidelines to provide that, in an uncontested election
of directors, any nominee who receives a greater number of votes
withheld from his or her election than votes for his or her
election will, within two weeks following the certification of
the stockholder vote by the Company, submit a written resignation
offer to the Board of Directors for consideration by the
Nominating and Corporate Governance Committee of the Board of
Directors. The Nominating and Corporate Governance Committee will
consider the resignation offer and, within 60 days following
certification of the stockholder vote by the Company, will make a
recommendation to the Board of Directors concerning the
acceptance or rejection of the resignation offer. In determining
its recommendation to the Board of Directors, the Nominating and
Corporate Governance Committee will consider all factors it deems
relevant. The Nominating and Corporate Governance Committee also
will consider alternatives concerning the directors resignation
offer as the members of the Nominating and Corporate Governance
Committee deem appropriate, including:
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acceptance of the resignation offer,
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rejection of the resignation offer, or
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rejection of the resignation offer coupled with a
commitment to seek to address the underlying cause or causes of the majority-withheld vote. |
than 90 days following certification of the stockholder vote by
the Company. In considering the recommendation, the Board of
Directors will consider the information, factors and alternatives
considered by the Nominating and Corporate Governance Committee
and any additional information, factors and alternatives as the
Board of Directors deems relevant.
Nominating and Corporate Governance Committee or Board of
Directors consideration of the resignation offer. The Company
will publicly disclose, in a Form 8-K furnished to the Securities
and Exchange Commission, the decision-making process and decision
regarding whether to accept the resignation offer or, if
applicable, the reasons for rejecting the offer.
Governance Guidelines in the Investor Relations section of its
website at www.stagindustrial.com.
About STAG INDUSTRIAL, INC. (NYSE:STAG)
STAG Industrial, Inc. is a real estate investment trust. The Company focuses on the acquisition and operation of single-tenant industrial properties across the United States. The Company owns approximately 290 buildings in over 40 states with approximately 54.7 million rentable square feet, consisting of over 220 warehouse/distribution buildings, approximately 50 light manufacturing buildings and over 20 flex/office buildings. The Company’s operating partnership is STAG Industrial Operating Partnership, L.P. (Operating Partnership). The Company owns its properties and conducts its business through its Operating Partnership. The Company’s buildings are leased to approximately 270 tenants. The Company’s properties are located in various areas, such as Rogers in Arkansas; Phoenix in Arizona; Camarillo in California; Longmont, Golden and Grand Junction in Colorado; Avon, East Windsor and North Haven in Connecticut; Bardstown, Danville and Hebron in Kentucky, and Belfast in Maine. STAG INDUSTRIAL, INC. (NYSE:STAG) Recent Trading Information
STAG INDUSTRIAL, INC. (NYSE:STAG) closed its last trading session up +0.16 at 22.43 with 475,776 shares trading hands.