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 31, 2023
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SILA REALTY TRUST, INC.
(Exact Name of Registrant as Specified in Its Charter)
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| | | | | | | | | | | | | | |
| Maryland | | 000-55435 | | 46-1854011 |
(State or other jurisdiction of
incorporation or organization) | | (Commission
File Number) | | (I.R.S. Employer
Identification No.) |
1001 Water St.
Suite 800
Tampa, Florida 33602
(Address of principal executive offices)
(813) 287-0101
(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: None
| | | | | | | | | | | | | | |
| Title of each class | | Trading Symbol | | Name of each exchange on which registered |
| N/A | | N/A | | N/A |
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).
| | | | | | | | |
| 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.
As disclosed in the Current Report on Form 8-K that it filed with the Securities and Exchange Commission on May 23, 2023, Sila Realty Trust, Inc. (the “Company”) held its 2023 Annual Meeting of Stockholders (the "Annual Meeting") on May 23, 2023. At that time, there were not present nor represented by proxy a sufficient number of shares of the Company’s common stock to constitute a quorum. Accordingly, the Company adjourned the Annual Meeting to May 31, 2023, without any business being conducted. On May 31, 2023, the Annual Meeting was reconvened, at which the Company's stockholders (i) elected six directors – Z. Jamie Behar, Adrienne Kirby, Jonathan Kuchin, Verett Mims, Roger Pratt, and Michael Seton – to the board of directors of the Company (the "Board") to hold office until the 2024 Annual Meeting of Stockholders and until their successors are duly elected and qualify; (ii) approved, on a non-binding, advisory basis, the Company's executive compensation ("say-on-pay"); and (iii) ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023.
PROPOSAL NO. 1 — ELECTION OF DIRECTORS
The voting results with respect to the election of directors were as follows:
| | | | | | | | | | | | | | | | | | | | | | | | | | |
| Name of Director | | For | | Against | | Abstain | | Broker Non-Votes |
| Z. Jamie Behar | | 85,450,367.13 | | | 3,268,517.16 | | | 7,646,338.13 | | | 18,902,433.00 | |
| Adrienne Kirby | | 85,881,194.23 | | | 2,969,797.83 | | | 7,514,230.36 | | | 18,902,433.00 | |
| Jonathan Kuchin | | 85,680,025.60 | | | 2,977,486.34 | | | 7,707,710.48 | | | 18,902,433.00 | |
| Verett Mims | | 85,435,729.09 | | | 3,218,338.73 | | | 7,711,154.60 | | | 18,902,433.00 | |
| Roger Pratt | | 85,671,912.81 | | | 2,969,150.25 | | | 7,724,159.36 | | | 18,902,433.00 | |
| Michael Seton | | 85,694,559.56 | | | 3,060,765.48 | | | 7,609,897.38 | | | 18,902,433.00 | |
PROPOSAL NO. 2 — NON-BINDING ADVISORY VOTE ON NAMED EXECUTIVE OFFICER COMPENSATION
The voting results with respect to the approval (on a non-binding, advisory basis) of the Company's named executive officer compensation were as follows: | | | | | | | | | | | | | | | | | | | | |
| For | | Against | | Abstain | | Broker Non-Votes |
| 75,061,793.33 | | | 9,378,347.10 | | | 11,925,081.99 | | | 18,902,433.00 | |
PROPOSAL NO. 3 — RATIFICATION OF APPOINTMENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
The voting results with respect to the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023, were as follows:
| | | | | | | | | | | | | | |
| For | | Against | | Abstain |
| 107,281,674.74 | | | 1,778,335.48 | | | 6,207,645.20 | |
SIGNATURE
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.
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| | SILA REALTY TRUST, INC. |
| | | |
| Dated: May 31, 2023 | | By: | /s/ Kay C. Neely |
| | Name: | Kay C. Neely |
| | Title: | Chief Financial Officer |
