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

ME Staff 8-k
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UDR, Inc. (NYSE:UDR) 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.

The Company held its Annual Meeting of Stockholders (the Annual
Meeting) on May 11, 2017. At the Annual Meeting, the Companys
stockholders voted on the election of ten nominated directors to
serve for the ensuing year, a proposal to ratify the appointment
of Ernst Young LLP to serve as the Companys independent
registered public accounting firm for the year ending December
31, 2017, a resolution to approve, on an advisory basis, the
compensation of the Companys named executive officers, and a
proposal to select, on an advisory basis, the preferred frequency
of an advisory vote on the compensation of the Companys named
executive officers.
As of March 20, 2017, the record date for the Annual Meeting,
there were 267,396,821 shares of the Companys common stock,
2,796,903 shares of its Series E preferred stock, and 16,157,807
shares of its Series F preferred stock issued and outstanding and
entitled to vote on the proposals presented at the Annual
Meeting. At the Annual Meeting, all of the ten directors were
elected, all of the matters submitted for approval were approved,
and the stockholders selected every one year as the preferred
frequency for an advisory vote on the compensation of the
Companys named executive officers. Set forth below are the final
voting results for each of the proposals submitted to a vote of
the Companys stockholders at the Annual Meeting.
1. At the Annual Meeting, the Companys stockholders elected, by
the vote indicated below, the following ten persons as directors
of the Company, each to serve as such until the Companys annual
meeting of stockholders to be held in 2018, or until his or her
respective successor is duly elected and qualified:
Name
Votes For
Votes Against
Abstentions
Broker Non-Votes
Katherine A. Cattanach
214,469,499
36,416,526
67,756
11,159,522
Robert P. Freeman
214,250,864
36,634,142
68,775
11,159,522
Jon A. Grove
213,750,872
37,131,669
71,240
11,159,522
Mary Ann King
214,764,834
36,124,381
64,566
11,159,522
James D. Klingbeil
212,483,151
38,296,727
173,903
11,159,522
Clint D. McDonnough
214,768,481
36,114,784
70,516
11,159,522
Robert A. McNamara
214,204,779
36,673,886
75,116
11,159,522
Mark R. Patterson
214,212,915
36,674,481
66,385
11,159,522
Lynne B. Sagalyn
213,649,649
37,231,175
72,957
11,159,522
Thomas W. Toomey
248,689,011
2,186,908
77,862
11,159,522
2. At the Annual Meeting, the stockholders approved the proposal
to ratify the appointment of Ernst Young LLP to serve as the
Companys independent registered public accounting firm for the
year ending December 31, 2017, by the votes indicated below:
Votes For
Votes Against
Abstentions
Broker Non-Votes
229,852,189
32,153,413
107,701
N/A
3. At the Annual Meeting, the stockholders approved, on an
advisory basis, the compensation of the Companys named executive
officers, as disclosed in the Companys Proxy Statement for the
Annual Meeting to the compensation disclosure rules of the
Securities and Exchange Commission, by the votes indicated below:
Votes For
Votes Against
Abstentions
Broker Non-Votes
212,181,585
38,401,797
370,399
11,159,522
4. At the Annual Meeting, the stockholders selected, on an
advisory basis, every one year as the preferred frequency with
which stockholders are provided with an advisory vote on the
compensation of the Companys named executive officers, by the
votes indicated below:
1 Year
2 Years
3 Years
Abstentions
Broker Non-Votes
214,569,691
391,944
35,556,719
435,427
11,159,522
Based upon these results, the Board of Directors determined that
the Company shall hold an annual advisory vote on the
compensation of the Companys named executive officers as
disclosed in the Proxy Statement; provided that in the future
the Board of Directors may determine a different frequency for
such advisory votes is in the best interests of the stockholders
of the Company.


About UDR, Inc. (NYSE:UDR)

UDR, Inc. is a real estate investment trust. The Company owns, operates, acquires, renovates, develops, redevelops and manages multifamily apartment communities generally located in various markets across the United States. The Company operates through two segments: Same-Store Communities and Non-Mature Communities/Other. The Company’s consolidated real estate portfolio includes approximately 130 communities located in over 20 markets, with a total of approximately 40,730 completed apartment homes. The Company holds an ownership interest in approximately 30 communities containing over 6,700 apartment homes through unconsolidated joint ventures or partnerships. The Company is engaged in the development of a community with approximately 520 apartment homes and over four unconsolidated joint venture communities with approximately 1,170 apartment homes. The Company’s properties are located in various areas, such as California, Florida, Maryland, Oregon, Massachusetts and Texas.

UDR, Inc. (NYSE:UDR) Recent Trading Information

UDR, Inc. (NYSE:UDR) closed its last trading session up +0.14 at 37.80 with 897,693 shares trading hands.