UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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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. |
A proposal to reincorporate PS Business Parks, Inc. (the “Company”) from the State of California to the State of Maryland was approved by the preferred shareholders of the Company at a meeting held on May 4, 2021. At the meeting, the depositary for all of the Company’s series of outstanding preferred shares, voting as a single class, submitted votes on the reincorporation proposal based on the votes submitted by the holders of the outstanding depositary shares (each representing 1/1,000 of a preferred share) relating to such preferred shares. The depositary share vote totals were as follows:
Votes For |
Votes Against |
Abstain |
Broker Non-Votes | |||
19,182,308 | 2,657,202 | 1,413,950 | 0 |
As disclosed in the Company’s Form 8-K filed on April 26, 2021, the Company’s common shareholders have also approved the reincorporation.
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.
PS BUSINESS PARKS, INC. | ||||||
By: | /s/ Jeffrey D. Hedges | |||||
Jeffrey D. Hedges | ||||||
Date: May 4, 2021 | Chief Financial Officer |