8-K
EASTGROUP PROPERTIES INC (EGP)
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 26, 2022
EASTGROUP PROPERTIES, INC.
(Exact Name of Registrant as Specified in its Charter)
| Maryland | 1-07094 | 13-2711135 |
|---|---|---|
| (State or Other Jurisdiction<br>of Incorporation) | (Commission File Number) | (IRS Employer<br>Identification No.) |
400 W. Parkway Place, Suite 100, Ridgeland, MS 39157
(Address of Principal Executive Offices, including zip code)
(601) 354-3555
(Registrant’s telephone number, including area code)
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 (see General Instruction A.2. below):
| ☐ | 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(s) | Name of each exchange on which registered |
|---|---|---|
| Common stock, $0.0001 par value per share | EGP | 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 (§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. ☐
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Item 5.07 Submission of Matters to a Vote of Security Holders.
On May 26, 2022, EastGroup Properties, Inc. (the “Company”) held its 2022 Annual Meeting of Shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders (i) elected each of D. Pike Aloian, H. Eric Bolton, Jr., Donald F. Colleran, Hayden C. Eaves III, David M. Fields, David H. Hoster II, Marshall A. Loeb, Mary E. McCormick and Katherine M. Sandstrom to the Board of Directors of the Company, (ii) ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022, and (iii) approved, on a non-binding advisory basis, the compensation of the Company’s named executive officers.
The results of the voting for the nine director nominees were as follows:
| Name | Affirmative | Negative | Abstentions | Broker Non-Votes |
|---|---|---|---|---|
| D. Pike Aloian | 34,568,150 | 2,643,162 | 135,483 | 1,926,540 |
| H. Eric Bolton, Jr. | 37,252,582 | 65,721 | 28,492 | 1,926,540 |
| Donald F. Colleran | 36,337,575 | 980,455 | 28,765 | 1,926,540 |
| Hayden C. Eaves III | 35,883,618 | 1,425,371 | 37,806 | 1,926,540 |
| David M. Fields | 37,288,136 | 30,196 | 28,463 | 1,926,540 |
| David H. Hoster II | 36,307,669 | 1,010,211 | 28,915 | 1,926,540 |
| Marshall A. Loeb | 36,972,136 | 346,165 | 28,494 | 1,926,540 |
| Mary E. McCormick | 35,566,610 | 1,743,027 | 37,158 | 1,926,540 |
| Katherine M. Sandstrom | 36,525,795 | 792,732 | 28,268 | 1,926,540 |
The results of the voting for the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022 were as follows:
| Affirmative | Negative | Abstentions |
|---|---|---|
| 37,592,270 | 1,647,891 | 33,174 |
The results of the non-binding advisory vote on the compensation of the Company’s named executive officers were as follows:
| Affirmative | Negative | Abstentions | Broker Non-Votes |
|---|---|---|---|
| 36,482,045 | 807,740 | 57,010 | 1,926,540 |
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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.
Date: May 27, 2022
| EASTGROUP PROPERTIES, INC. |
|---|
| By: /s/ BRENT W. WOOD |
| Brent W. Wood<br>Executive Vice President, Chief Financial Officer and Treasurer |