WEINGARTEN REALTY INVESTORS (NYSE:WRI) Files An 8-K Submission of Matters to a Vote of Security Holders

ME Staff 8-k
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WEINGARTEN REALTY INVESTORS (NYSE:WRI) 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.

On April 24, 2017, Weingarten Realty Investors (the Company) held
its 2017>Annual Meeting of Shareholders (the Annual Meeting). A
total of 128,320,984 shares of the Companys common shares of
beneficial interest (common shares) were entitled to vote as of
March 3, 2017, the record date for the Annual Meeting. There were
121,406,288 common shares present in person or by proxy at the
Annual Meeting, at which the shareholders were asked to vote on
four proposals. Set forth below are the matters acted upon by the
shareholders of the Company at the Annual Meeting, and the final
voting results of each proposal.
(1) The shareholders elected each of the nine nominees to the Board
of Trust Managers to serve until their successors have been elected
and qualified, as follows:
TRUST MANAGER
FOR
WITHHELD
Andrew M. Alexander
103,784,678
808,584
Stanford Alexander
102,490,105
2,103,157
Shelaghmichael Brown
98,663,516
5,929,746
James W. Crownover
102,202,928
2,390,334
Stephen A. Lasher
97,851,869
6,741,393
Thomas L. Ryan
94,855,326
9,737,936
Douglas W. Schnitzer
97,855,367
6,737,895
C. Park Shaper
102,857,757
1,735,505
Marc J. Shapiro
97,730,799
6,862,463
There were 16,813,026 broker non-votes with respect to the election
of the Board of Trust Managers.
(2) The shareholders ratified the appointment of Deloitte Touche
LLP as our independent registered public accounting firm, as
follows:
FOR
119,756,995
AGAINST
1,509,401
ABSTAIN
139,892
(3) The shareholders approved, by non-binding vote, the
compensation awarded to the Companys executives named in the
Summary Compensation Table, as disclosed in the Companys
2017>Proxy Statement, as follows:
FOR
97,907,427
AGAINST
6,438,928
ABSTAIN
246,907
BROKER NON-VOTES
16,813,026
(4) The shareholders recommended, by non-binding vote, having an
annual advisory vote on executive compensation, as follows:
ONE YEAR
86,715,732
TWO YEARS
160,109
THREE YEARS
17,509,491
ABSTAIN
207,930

The Company’s Board of Trust Managers has determined that the
Company will conduct advisory votes to approve the compensation
of the Company’s executive officers on an annual basis.
Accordingly, the Company will include an advisory vote on
executive compensation in its proxy materials every year until
the next shareholder vote on the frequency of such votes is held,
which will be no later than the Company’s 2023>Annual Meeting
of Shareholders.


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.

WEINGARTEN REALTY INVESTORS (NYSE:WRI) Recent Trading Information

WEINGARTEN REALTY INVESTORS (NYSE:WRI) closed its last trading session down -0.62 at 33.77 with 1,023,564 shares trading hands.