Current Report Filing (8-k)
May 24 2021 - 2:06PM
Edgar (US Regulatory)
0000915912
false
0000915912
2021-05-20
2021-05-20
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
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 20, 2021
AVALONBAY COMMUNITIES, INC.
(Exact name of registrant as specified
in its charter)
Commission file number 1-12672
Maryland
|
|
77-0404318
|
(State
or other jurisdiction of
|
|
(I.R.S.
Employer
|
incorporation
or organization)
|
|
Identification
No.)
|
4040 Wilson Blvd. Suite 1000
Arlington, Virginia 22203
(Address of principal executive offices)(Zip
code)
(703) 329-6300
(Registrant’s telephone number,
including area code)
(Former name, if changed since last
report)
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:
¨ 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
|
|
Name of each exchange on which registered
|
Common Stock, par value $0.01 per share
|
|
AVB
|
|
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 or Rule 12b-2 of the Securities Exchange Act of 1934.
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.
|
The Company held its Annual Meeting of Stockholders on May 20, 2021.
Proxies were solicited pursuant to Section 14(a) of the Securities Exchange Act of 1934. At the meeting, holders of the Company’s
stock were asked (1) to elect twelve directors to serve until the 2022 Annual Meeting of Stockholders and until their successors are elected
and qualified, (2) to ratify the appointment of Ernst & Young LLP as the Company’s independent auditors for the fiscal year
ending December 31, 2021, and (3) to cast a non-binding, advisory vote upon the compensation of executive officers of the Company, as
described in the Company’s proxy statement.
Each share of common stock was entitled to one vote with respect to
matters submitted to a vote of the Company’s stockholders, and the voting results reported below are final.
Proposal 1
Each of the Company’s nominees for director as listed in the
proxy statement was elected as shown in the table below.
Nominee:
|
Votes “For”
|
Votes “Against”
|
Abstentions
|
Broker Non-votes
|
Glyn F. Aeppel
|
117,757,114
|
696,271
|
216,163
|
5,686,728
|
Terry S. Brown
|
116,774,331
|
1,678,302
|
216,915
|
5,686,728
|
Alan B. Buckelew
|
117,594,351
|
854,816
|
220,381
|
5,686,728
|
Ronald L. Havner, Jr.
|
104,050,295
|
14,398,631
|
220,622
|
5,686,728
|
Stephen P. Hills
|
117,847,380
|
601,253
|
220,915
|
5,686,728
|
Christopher B. Howard
|
118,187,901
|
254,964
|
226,683
|
5,686,728
|
Richard J. Lieb
|
113,203,968
|
5,220,502
|
245,078
|
5,686,728
|
Nnenna Lynch
|
118,228,571
|
225,127
|
215,850
|
5,686,728
|
Timothy J. Naughton
|
109,812,703
|
8,492,397
|
364,448
|
5,686,728
|
Benjamin W. Schall
|
117,404,183
|
1,047,972
|
217,393
|
5,686,728
|
Susan Swanezy
|
116,827,110
|
1,627,985
|
214,453
|
5,686,728
|
W. Edward Walter
|
114,444,054
|
4,010,620
|
214,874
|
5,686,728
|
Proposal 2
Stockholders ratified the selection of Ernst & Young LLP as the
Company’s independent auditors for fiscal year 2021. 122,781,887 votes were cast in favor of ratifying the selection of Ernst &
Young LLP, 1,516,137 votes were cast against, and there were 58,252 abstentions. There were no broker non-votes with respect to Proposal
2.
Proposal 3
Stockholders approved the compensation paid to the Company’s
named executive officers as disclosed pursuant to Item 402 of Regulation S-K. 110,524,938 votes were cast in favor of approval of such
compensation, 7,814,348 votes were cast against, and there were 330,262 abstentions. There were 5,686,728 broker non-votes with respect
to Proposal 3.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be filed on its behalf by the undersigned hereunto duly authorized.
|
AVALONBAY COMMUNITIES, INC.
|
|
|
Dated: May 24, 2021
|
By:
|
/s/ Kevin P. O'Shea
|
|
|
Kevin P. O’Shea
|
|
|
Chief Financial Officer
|
Avalonbay Communities (NYSE:AVB)
Historical Stock Chart
From Mar 2024 to Apr 2024
Avalonbay Communities (NYSE:AVB)
Historical Stock Chart
From Apr 2023 to Apr 2024