Summit Hotel Properties, Inc 8-K, filed May 13, 2021
Summit Hotel Properties, Inc. (INN)
About this 8-K
Summit Hotel Properties, Inc filed this 8-K on May 13, 2021.
Items reported
- Item 5.07: Shareholder vote results
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CURRENT REPORT
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Item 5.07. Submission of Matters to a Vote of Security Holders.
On May 13, 2021, the Company held its Annual Meeting of Stockholders (the “Annual Meeting”). There were 94,087,166 shares of common stock of the Company represented in person or by proxy at the meeting, constituting 89.00% of the outstanding shares of common stock on March 5, 2021, the record date for the Annual Meeting.
The matters voted upon at the Annual Meeting and the final results of such voting are set forth below:
Proposal 1: To elect seven directors to the Company’s Board of Directors.
| Name | For | Against | Abstain | Broker Non-Votes | ||||||||||||
| Daniel P. Hansen | 87,673,296 | 1,046,609 | 13,102 | 5,354,159 | ||||||||||||
| Bjorn R.L. Hanson | 87,331,551 | 1,387,116 | 14,340 | 5,354,159 | ||||||||||||
| Jeffrey W. Jones | 88,233,189 | 486,700 | 13,118 | 5,354,159 | ||||||||||||
| Kenneth J. Kay | 88,223,264 | 496,640 | 13,103 | 5,354,159 | ||||||||||||
| Jonathan P. Stanner | 88,297,442 | 422,368 | 13,197 | 5,354,159 | ||||||||||||
| Thomas W. Storey | 87,332,946 | 1,385,567 | 14,494 | 5,354,159 | ||||||||||||
| Hope S. Taitz | 76,817,881 | 11,903,067 | 12,059 | 5,354,159 | ||||||||||||
All director nominees were duly elected at the Annual Meeting. Each of the individuals named in the above table will serve as director until the Company’s 2022 annual meeting of stockholders and until his or her successor is duly elected and qualified.
Proposal 2: To ratify the appointment of Ernst & Young LLP.
| For | Against | Abstain | Broker Non-Votes | |||||||||||
| 93,268,056 | 765,298 | 53,812 | N/A | |||||||||||
At the Annual Meeting, stockholders ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021.
Proposal 3: To approve, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers.
| For | Against | Abstain | Broker Non-Votes | |||||||||||
| 87,587,635 | 1,086,992 | 58,380 | 5,354,159 | |||||||||||
At the Annual Meeting, stockholders approved, on an advisory (non-binding) basis, the compensation of the Company’s named executive officers.
Proposal 4: To approve the Company’s 2011 Equity Incentive Plan as Amended and Restated.
| For | Against | Abstain | Broker Non-Votes | |||||||||||
| 83,807,712 | 4,898,542 | 26,753 | 5,354,159 | |||||||||||
At the Annual Meeting, stockholders approved the Company’s 2011 Equity Incentive Plan as Amended and Restated.
SIGNATURE
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 thereunto duly authorized.
| SUMMIT HOTEL PROPERTIES, INC. | ||
| By: | /s/ Christopher R. Eng | |
| Christopher R. Eng | ||
| Executive Vice President, General Counsel, | ||
| Dated: May 13, 2021 | Chief Risk Officer and Secretary | |