EXHIBIT 3.1
CERTIFICATE OF ELIMINATION
OF
6.50% SERIES J CUMULATIVE REDEEMABLE
PREFERRED STOCK
OF
WELLTOWER INC.
Pursuant to Section 151 of the
General Corporation Law of the State of Delaware
The undersigned duly authorized officer of Welltower Inc., a corporation organized and existing under the General Corporation Law of the State of Delaware (the “Company”), does hereby certify as follows:
1. That, pursuant to Section 151 of the General Corporation Law of the State of Delaware, the Board of Directors of the Company adopted the resolutions set forth below on May 4, 2017, authorizing a decrease in the number of shares designated as 6.50% Series J Cumulative Redeemable Preferred Stock, $1.00 par value per share (“Series J Stock”), from 11,500,000 shares to zero shares.
2. That, pursuant to Section 151 of the General Corporation Law of the State of Delaware, such resolutions shall have the effect of eliminating from the certificate of incorporation of the Company all matters set forth in the Certificate of Designation of the Series J Stock.
3. That no shares of Series J Stock remain issued and outstanding.
RESOLUTIONS ADOPTED BY THE BOARD OF DIRECTORS
NOW, THEREFORE, BE IT RESOLVED, that no further shares of Series J Stock shall be issued subject to the Certificate of Designation of the Series J Stock previously filed with the Secretary of State of the State of Delaware (the “Certificate of Designation”).
RESOLVED, that the number of shares designated as Series J Stock be reduced to zero, which is the number issued and outstanding following the redemption of all the shares of Series J Stock by the Company, in order to allow the 11,500,000 redeemed shares to resume their status as authorized but undesignated shares of preferred stock of the Company, par value $1.00 per share, pursuant to Section 151 of the General Corporation Law of the State of Delaware, such shares thereafter to be available for designation in the future as part of a different series.
RESOLVED, that the officers of the Company be, and each of them hereby is, authorized and directed in the name and on behalf of the Company, to execute a Certificate of Elimination of the Series J Stock, as well as such other certificates or instruments as may be required, to be filed with the Secretary of State of the State of Delaware to evidence the reduction in the number of shares designated as Series J Stock and the elimination from the certificate of incorporation of the Company all matters set forth in the Certificate of Designation, such elimination to be effective upon the filing with the Secretary of State of the State of Delaware of such Certificate of Elimination of the Series J Stock.
RESOLVED, that any specific resolutions that may be required to have been adopted by the Board in connection with the actions contemplated by the foregoing resolutions be, and they hereby are, adopted, and the officers of the Company be, and each of them hereby is, authorized to certify as to the adoption of any and all such resolutions and attach such resolutions hereto.
RESOLVED, that all actions heretofore taken by any officer of the Company in connection with, or otherwise in contemplation of, the transactions contemplated by any of the foregoing resolutions be, and they hereby are, ratified, confirmed and approved.
IN WITNESS WHEREOF, the undersigned has executed and subscribed this certificate and does affirm the foregoing as true under the penalties of perjury this 26th day of July, 2017.
/s/ Scott A. Estes____________________________
Scott A. Estes
Executive Vice President – Chief Financial
Officer
ATTEST:
/s/ Matthew McQueen_____________________
Matthew McQueen
Senior Vice President – General Counsel &
Corporate Secretary
