UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d)
of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): May 13, 2020
Independence Realty Trust, Inc.
(Exact name of registrant as specified in its charter)
Maryland | | 001-36041 | | 26-4567130 | |
(State or other jurisdiction | | (Commission | | (I.R.S. Employer |
of incorporation) | | File Number) | | Identification No.) |
1835 Market Street, Suite 2601
Philadelphia, Pennsylvania, 19103
(Address of Principal Executive Office) (Zip Code)
(267) 270-4800
(Registrant’s telephone number, including area code)
N/A
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
| |
☐ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: |
Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common stock | | IRT | | NYSE |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07 | Submission of Matters to a Vote of Security Holders. |
On May 13, 2020, Independence Realty Trust, Inc. (the “Company”) held its 2020 Annual Meeting of Stockholders. At the meeting, the stockholders voted on: (1) the election of six directors, each to serve for a term expiring at the 2021 annual meeting of stockholders and until his or her successor is duly elected and qualified, (2) the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the calendar year ending December 31, 2020, (3) an advisory, non-binding resolution on the Company’s executive compensation and (4) an advisory, non-binding resolution on the frequency of future advisory votes on the Company’s executive compensation. The tables below show the voting results.
Proposal 1: Election of Six Directors.
| | | | |
Trustee | Votes For | Votes Against | Abstentions | Broker |
Non-Votes |
Scott F. Schaeffer | 70,254,646 | 1,299,110 | 405,376 | 10,853,669 |
William C. Dunkelberg, Ph.D. | 71,413,899 | 137,222 | 408,011 | 10,853,669 |
Richard D. Gebert | 70,357,075 | 1,190,291 | 411,766 | 10,853,669 |
Melinda H. McClure | 69,818,151 | 1,734,281 | 406,700 | 10,853,669 |
Mack D. Pridgen III | 71,404,761 | 144,346 | 410,025 | 10,853,669 |
DeForest B. Soaries, Jr., D.Min. | 70,255,004 | 1,292,373 | 411,755 | 10,853,669 |
Proposal 2: Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020.
Votes For | Votes Against | Abstentions | Broker
Non-Votes |
82,352,296 | 426,730 | 33,775 | 0 |
Proposal 3: Advisory, non-binding resolution on the Company’s executive compensation.
Votes For | Votes Against | Abstentions | Broker
Non-Votes |
70,815,355 | 935,250 | 208,527 | 10,853,669 |
Proposal 4: Advisory, non-binding resolution on the frequency for future advisory votes on executive compensation.
Every 1 Year | Every 2 Years | Every 3 Years | Abstentions | Broker
Non-Votes |
70,644,884 | 262,834 | 883,435 | 167,929 | 10,853,669 |
The Company has considered the stockholder vote regarding the frequency of stockholder advisory votes on the Company’s executive compensation and intends to hold an advisory vote on the Company’s executive compensation every year until the next vote on frequency, which will be no later than the Company’s Annual Meeting of Stockholders in 2026.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| | Independence Realty Trust, Inc. |
| | | | |
May 13, 2020 | | By: | | /s/ James J. Sebra |
| | Name: | | James J. Sebra |
| | Title: | | Chief Financial Officer and Treasurer |
