akr-8k_20200507.htm
false 0000899629 0000899629 2020-05-07 2020-05-07

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 7, 2020

ACADIA REALTY TRUST

(Exact name of registrant as specified in its charter)

 

Maryland

 

1-12002

 

23-2715194

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer Identification No.)

 

411 Theodore Fremd Avenue

Suite 300

Rye, New York 10580

(Address of principal executive offices) (Zip Code)

(914) 288-8100

(Registrant’s telephone number, including area code)

(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

Name of exchange on which registered

Common shares of beneficial interest, par value $0.001 per share

AKR

The New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in 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.

 

The annual meeting of shareholders of Acadia Realty Trust ("the Company") was held on May 7, 2020. Shareholders representing 80,225,983 common shares of beneficial interest ("Common Shares"), or 92.37%, of the Common Shares outstanding as of the March 13, 2020 record date, either participated or were represented at the meeting by proxy.

 

The proposals listed below were submitted to a vote of the holders of Common Shares ("Shareholders"). The proposals are described in the Company's definitive proxy statement for the annual meeting previously filed with the Securities and Exchange Commission. The following tables set forth the voting results of the proposals. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Votes

Cast For

 

Votes Against

 

Abstentions

 

Broker

Non-Votes

Proposal 1 - Election of Trustees

 

 

 

 

 

 

 

 

Proposal 1a - Election of Trustee: Kenneth F. Bernstein

 

78,291,133

 

 

 

613,469

 

 

 

4,418

 

 

 

1,316,963

 

 

Proposal 1b - Election of Trustee: Douglas Crocker II

 

62,145,515

 

 

 

16,757,432

 

 

 

6,073

 

 

 

1,316,963

 

 

Proposal 1c - Election of Trustee: Lorrence T. Kellar

 

77,019,350

 

 

 

1,884,467

 

 

 

5,203

 

 

 

1,316,963

 

 

Proposal 1d - Election of Trustee: Wendy Luscombe

 

57,477,305

 

 

 

21,426,045

 

 

 

5,670

 

 

 

1,316,963

 

 

Proposal 1e - Election of Trustee: William T. Spitz

 

77,161,139

 

 

 

1,711,481

 

 

 

36,400

 

 

 

1,316,963

 

 

Proposal 1f - Election of Trustee: Lynn Thurber

 

77,800,017

 

 

 

1,103,685

 

 

 

5,318

 

 

 

1,316,963

 

 

Proposal 1g - Election of Trustee: Lee S. Wielansky

 

76,569,042

 

 

 

2,334,423

 

 

 

5,555

 

 

 

1,316,963

 

 

Proposal 1h - Election of Trustee: C. David Zoba

 

62,565,966

 

 

 

16,305,782

 

 

 

37,272

 

 

 

1,316,963

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Votes

Cast For

 

Votes Against

 

Abstentions

 

 

 

 

 

 

 

Proposal 2 - Ratify BDO USA, LLP as Independent Registered Public Accounting Firm

 

79,254,707

 

 

 

958,119

 

 

 

13,157

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Votes

Cast For

 

Votes Against

 

Abstentions

 

Broker

Non-Votes

 

 

 

 

 

 

 

 

 

Proposal 3 - Approval, on an Advisory Basis, of the Compensation of Named Executive Officers

 

73,106,534

 

 

 

5,775,712

 

 

 

26,774

 

 

 

1,316,963

 

 

 

 

 

Votes

Cast For

 

Votes Against

 

Abstentions

 

Broker

Non-Votes

 

 

 

 

 

 

 

 

 

Proposal 4 – To consider and act upon a proposal to approve the Acadia Realty Trust 2020 Share Incentive Plan

 

76,918,434

 

 

 

1,969,334

 

 

 

21,252

 

 

 

1,316,963

 

 


SIGNATURES

Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

ACADIA REALTY TRUST

Dated: May 7, 2020

 

(Registrant)

 

 

 

 

 

 

 

By:

 

/s/ John Gottfried

 

 

Name:

 

John Gottfried

 

 

Title:

 

Sr. Vice President and Chief Financial Officer

 

 

v3.20.1
Document and Entity Information
May 07, 2020
Cover [Abstract]  
Entity Registrant Name ACADIA REALTY TRUST
Document Type 8-K
Amendment Flag false
Entity Central Index Key 0000899629
Document Period End Date May 07, 2020
Entity Emerging Growth Company false
Entity File Number 1-12002
Entity Incorporation, State or Country Code MD
Entity Tax Identification Number 23-2715194
Entity Address, Address Line One 411 Theodore Fremd Avenue
Entity Address, Address Line Two Suite 300
Entity Address, City or Town Rye
Entity Address, State or Province NY
Entity Address, Postal Zip Code 10580
City Area Code 914
Local Phone Number 288-8100
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Security 12b Title Common shares of beneficial interest, par value $0.001 per share
Trading Symbol AKR
Security Exchange Name NYSE