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 19, 2022
AVALONBAY
COMMUNITIES, INC.
(Exact name of registrant as specified
in its charter)
Commission
file number 1-12672
|
Maryland
(State or other jurisdiction of
incorporation
or organization) |
|
77-0404318
(I.R.S. Employer
Identification No.) |
4040 Wilson Blvd. Suite 1000
Arlington, Virginia 22203
(Address of principal executive offices)(Zip
code)
(703)
329-6300
(Registrant’s telephone number,
including area code)
(Former name, 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 |
|
Name of each exchange on which registered |
| Common Stock, par value $0.01 per share |
|
AVB |
|
New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging
growth company as defined in Rule 405 of the Securities Act of 1933 or Rule 12b-2 of the Securities Exchange Act of 1934.
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. |
AvalonBay Communities, Inc. (the "Company") held its Annual
Meeting of Stockholders on May 19, 2022. At the meeting, holders of the Company’s common stock were asked (1) to elect twelve
directors to serve until the 2023 Annual Meeting of Stockholders and until their successors are elected and qualified, (2) to cast a
non-binding, advisory vote on the compensation of named executive officers of the Company, as described in the Company’s proxy
statement, and (3) to ratify the appointment of Ernst & Young LLP as the Company’s independent auditors for the fiscal
year ending December 31, 2022.
Each share of common stock was entitled to one vote with respect to
matters submitted to a vote of the Company’s stockholders, and the voting results reported below are final.
Proposal 1
Each of the Company’s nominees for director as listed in the
proxy statement was re-elected as shown in the table below.
| Nominee: | |
Votes "For" | | |
Votes "Against" | | |
Abstentions | | |
Broker Non-votes | |
| Glyn F. Aeppel | |
119,202,613 | | |
2,134,986 | | |
261,799 | | |
5,414,742 | |
| Terry S. Brown | |
118,448,373 | | |
2,888,448 | | |
262,577 | | |
5,414,742 | |
| Alan B. Buckelew | |
120,034,838 | | |
1,301,881 | | |
262,679 | | |
5,414,742 | |
| Ronald L. Havner, Jr. | |
109,882,867 | | |
11,454,185 | | |
262,346 | | |
5,414,742 | |
| Stephen P. Hills | |
120,372,648 | | |
964,190 | | |
262,560 | | |
5,414,742 | |
| Christopher B. Howard | |
121,076,416 | | |
260,472 | | |
262,510 | | |
5,414,742 | |
| Richard J. Lieb | |
117,510,203 | | |
3,826,721 | | |
262,474 | | |
5,414,742 | |
| Nnenna Lynch | |
121,063,977 | | |
273,959 | | |
261,462 | | |
5,414,742 | |
| Timothy J. Naughton | |
116,668,464 | | |
4,693,062 | | |
237,872 | | |
5,414,742 | |
| Benjamin W. Schall | |
121,115,525 | | |
245,924 | | |
237,949 | | |
5,414,742 | |
| Susan Swanezy | |
115,891,644 | | |
5,443,652 | | |
264,102 | | |
5,414,742 | |
| W. Edward Walter | |
114,917,352 | | |
6,419,776 | | |
262,270 | | |
5,414,742 | |
Proposal 2
Stockholders approved, on a non-binding, advisory basis, the compensation paid to the Company’s
named executive officers as disclosed pursuant to Item 402 of Regulation S-K. 114,949,782 votes were cast in favor of approval of such
compensation, 6,367,584 votes were cast against, and there were 282,032 abstentions. There were 5,414,742 broker non-votes with respect
to Proposal 2.
Proposal 3
Stockholders ratified the appointment of Ernst & Young LLP as the
Company’s independent auditors for fiscal year 2022. 122,746,120 votes were cast in favor of ratifying the appointment of Ernst &
Young LLP, 4,219,751 votes were cast against, and there were 48,269 abstentions. There were no broker non-votes with respect to Proposal
3.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be filed on its behalf by the undersigned hereunto duly authorized.
| |
AVALONBAY
COMMUNITIES, INC. |
| |
|
|
| Dated:
May 20, 2022 |
By: |
/s/
Kevin P. O’Shea |
| |
|
|
Kevin
P. O’Shea |
| |
|
|
Chief Financial Officer |
