Empire State Realty Trust, Inc 8-K, filed May 11, 2020
Empire State Realty Trust, Inc. (ESRT)
About this 8-K
Empire State Realty Trust, Inc filed this 8-K on May 11, 2020.
Items reported
- Item 5.02: Director or officer change, or executive pay
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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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:
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Securities registered pursuant to Section 12(b) of the Act:
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| Empire State Realty Trust, Inc. |
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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 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
In view of the ongoing impact of the COVID-19 pandemic on Empire State Realty Trust, Inc. (the “Company”) and Empire State Realty OP, L.P., the limited partnership through which the Company conducts its operations, Anthony E. Malkin, the Chairman and Chief Executive Officer, has volunteered to reduce his annual base salary for the Company’s second fiscal quarter 2020, retroactively effective on April 1, 2020 through June 30, 2020 to $1.00. The salary reduction will not modify other rights under the Amended and Restated Employment Agreement between Mr. Malkin and the Company, dated as of October 7, 2013, as amended by the First Amendment thereto, including those that are determined by reference to base salary.
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.
| EMPIRE STATE REALTY TRUST, INC. | ||||||
| Date: May 11, 2020 |
By: |
/s/ Thomas N. Keltner, Jr. | ||||
| Name: |
Thomas N. Keltner, Jr. | |||||
| Title: |
Executive Vice President, General Counsel and Secretary | |||||