8-K
Power REIT (PW)
UNITEDSTATES
SECURITIESAND EXCHANGE COMMISSION
Washington,D.C. 20549
FORM8-K
CURRENTREPORT
Pursuantto Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of report (Date of earliest event reported): June 24, 2020
POWERREIT
(Exact name of registrant as specified in its charter)
Maryland
(State or other jurisdiction of incorporation)
001-36312
(Commission File Number)
45-3116572
(IRS Employer Identification No.)
301Winding Road
OldBethpage, NY 11804
(Address of principal executive offices and Zip Code)
Registrant’s telephone number, including area code: (212) 750-0371
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<br> communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
|---|---|
| [ ] | Soliciting<br> material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| [ ] | Pre-commencement<br> communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| [ ] | Pre-commencement<br> 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<br> of each class | Trading<br> symbol | Name<br> of each exchange on which<br><br> registered |
|---|---|---|
| Common<br> Stock | PW | New<br> 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. [ ]
SECTION 5: CORPORATE GOVERNANCE AND MANAGEMENT
Item5.07 Submission of Matters to a Vote of Shareholders
Power REIT’s (the “Trust”) 2020 Annual Meeting of shareholders was held on June 24, 2020. For more information on the following proposals, see the company’s proxy statement dated May 29, 2020, the relevant portions of which are incorporated herein by reference.
Below are the final voting results.
| 1) | Shareholders<br> elected each of the four nominees to the Board of Trustees for a one-year term: | |
|---|---|---|
| For | Withheld | |
| --- | --- | --- |
| David H. Lesser | 780,683 | 12,628 |
| Virgil E. Wenger | 782,740 | 10,571 |
| Patrick R. Haynes, III | 610,595 | 182,716 |
| William S. Susman | 610,918 | 182,393 |
| 2) | Shareholders<br> ratified MaloneBailey LLP as the Trust’s independent audit firm for 2020. | |
| --- | --- | |
| For | Against | Abstain |
| --- | --- | --- |
| 1,509,976 | 5,441 | 2,666 |
| 3) | Shareholders<br> approved the 2020 Equity Incentive Plan. | |
| --- | --- | |
| For | Against | Abstain |
| --- | --- | --- |
| 586,585 | 189,637 | 17,089 |
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: June 24, 2020
PowerREIT
| By | /s/ David H. Lesser |
|---|---|
| David<br> H. Lesser | |
| Chairman,<br> CEO, Secretary, & Treasurer |