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8-K

Terreno Realty Corp (TRNO)

8-K 2023-05-08 For: 2023-05-02
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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 2, 2023

Terreno Realty Corporation

(Exact name of registrant as specified in its charter)

Maryland 001-34603 27-1262675
(State or other jurisdiction<br>of incorporation) (Commission<br>File Number) (IRS Employer<br>Identification No.)

10500 NE 8^th^ Street, Suite 1910

Bellevue, WA 98004

(Address of principal executive offices) (Zip Code)

(415) 655-4580

(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 (seeGeneral 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))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Securities registered pursuant to Section 12(b) of the Securities Act:

Title of each class Trading<br>Symbol(s) Name of each exchange<br>on which registered
Common Stock, $0.01 par value per share TRNO 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. ☐

Item 5.07 Submission of Matters to a Vote of Security Holders

Terreno Realty Corporation (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”) in Bellevue, Washington. As of the record date, there were a total of 82,778,962 shares of the Company’s common stock outstanding and entitled to vote at the Annual Meeting. The following is a brief description of each matter voted upon at the Annual Meeting and a statement of the number of votes cast for, against or withheld and the number of abstentions and broker non-votes with respect to each matter, as applicable.

(a) Votes regarding the election of the persons named below as directors, each to serve until the next annual meeting of stockholders and until his or her successor has been duly elected and qualifies were as follows:
Names of Directors Total Number of<br>Votes Cast For Total Number of<br>Votes Against Total Number of<br>Votes Abstain Broker Non Votes
--- --- --- --- --- --- --- --- ---
W. Blake Baird 71,236,557 4,627,773 1,081,437 1,274,692
Michael A. Coke 75,683,324 1,258,313 4,130 1,274,692
Linda Assante 68,957,913 6,906,615 1,081,239 1,274,692
Gary N. Boston 76,337,449 604,169 4,149 1,274,692
Leroy E. Carlson 72,082,526 4,859,109 4,132 1,274,692
Irene H. Oh 76,274,458 666,633 4,676 1,274,692
Douglas M. Pasquale 64,930,391 12,011,243 4,133 1,274,692
Dennis Polk 68,246,586 8,691,128 8,053 1,274,692

Based on the votes set forth above, each of the foregoing persons was duly elected to serve as a director until the next annual meeting of stockholders and until his or her successor has been duly elected and qualifies.

(b) Votes regarding a non-binding, advisory resolution approving the compensation of the Company’s named executive officers were as follows:
For Against Abstain Broker Non Votes
--- --- --- ---
71,845,214 5,082,446 18,107 1,274,692

Based on the votes set forth above, the non-binding, advisory resolution approving the compensation of the Company’s named executive officers was approved by the Company’s stockholders.

(c) Votes regarding a non-binding, advisory proposal regarding the frequency of holding future non-binding, advisory votes on the compensation of the Company’s named executive officers, were as follows:
1 Year 2 Years 3 Years Abstain Broker Non Votes
--- --- --- --- ---
75,790,551 56,199 1,091,956 7,061 1,274,692

Based on the votes set forth above, the Company’s stockholders approved, on a non-binding, advisory basis, a frequency of every year for holding future non-binding, advisory votes on the compensation of the Company’s named executive officers. After taking into consideration the foregoing voting results and the prior recommendation of the Board in favor of an annual advisory shareholder vote on the compensation of the Company’s named executive officers, the Board intends to hold future non-binding advisory votes on the compensation of the Company’s named executive officers every year.

(d) Votes regarding the ratification of the Audit Committee’s appointment of Ernst & Young LLP as independent registered certified public accounting firm for the 2023 fiscal year were as follows:
For Against Abstain Broker Non Votes
--- --- --- ---
77,720,417 445,846 54,196

Based on the votes set forth above, the appointment of Ernst & Young LLP as the independent registered certified public accounting firm of the Company to serve for the fiscal year ending December 31, 2023 was duly ratified by the Company’s stockholders.

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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.

Terreno Realty Corporation
Date: May 8, 2023 By: /s/ Jaime J. Cannon
Jaime J. Cannon
Executive Vice President and Chief Financial Officer

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