WEINGARTEN REALTY INVESTORS (NYSE:WRI) Files An 8-K Entry into a Material Definitive AgreementItem 1.01Entry into a Material Definitive Agreement
The information contained in Item 5.02 below is incorporated herein by reference.
Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective July 30, 2018, Weingarten Realty Investors (the “Company”) entered into an Amended and Restated Severance and Change in Control Agreement with each of Stephen C. Richter and Johnny Hendrix (each, an “Executive”), which amended the provisions in the respective existing Severance and Change in Control Agreement with such Executive such that the defined severance period no longer ends upon the Executive attaining the age of 65 and changed certain provisions to maintain compliance with the Internal Revenue Code of 1986, as amended. The Amended and Restated Severance and Change in Control Agreement are attached hereto as Exhibits 99.1 and 99.2 and are incorporated herein by reference.
Item 9.01Financial Statements and Exhibits
(c)The Exhibits to this Report are listed on the Exhibit Index attached hereto.
WEINGARTEN REALTY INVESTORS /TX/ ExhibitEX-99.1 2 wri-2018_8xksicexhibit991.htm EXHIBIT 99.1 Exhibit Exhibit 99.1AMENDED AND RESTATED SEVERANCE AND CHANGE IN CONTROL AGREEMENT This Amended and Restated Severance and Change in Control Agreement (this “Agreement”) is made and entered into as of this 23 day of July,…To view the full exhibit click here
About WEINGARTEN REALTY INVESTORS (NYSE:WRI)
Weingarten Realty Investors is a real estate investment trust (REIT). The Company’s primary business is leasing space to tenants in the shopping centers it owns or leases. It is engaged in the business of owning, managing and developing retail shopping centers. Its properties consist primarily of neighborhood and community shopping centers. It holds interests in Deerfield Mall, which is a Publix-anchored center located in the South Florida community of Deerfield Beach. Deerfield Mall consists of a portfolio of approximately 20 grocery-anchored centers. It owns or operates under long-term leases, either directly or through its interest in real estate joint ventures or partnerships, a total of approximately 230, which are located in approximately 20 states. The portfolio of properties represent approximately 44.5 million square feet, of which its interests in the properties aggregate to approximately 27.6 million square feet of leasable area.