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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 6, 2021
 
 
AMERICAN HOMES 4 RENT
AMERICAN HOMES 4 RENT, L.P.
(Exact name of registrant as specified in its charter)
 
 
 
American Homes 4 Rent
 
Maryland
 
001-36013
 
46-1229660
American Homes 4 Rent, L.P.
 
Delaware
 
333-221878-02
 
80-0860173
   
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
23975 Park Sorrento, Suite 300
Calabasas, California 91302
(Address of principal executive offices) (Zip Code)
(805) 413-5300
(Registrant’s telephone number, including area code)
 
 
Check the appropriate box below if the Form 8-K 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))
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. ☐
Securities registered pursuant to Section 12(b) of the Act:
 
Title of each class
 
Trading
symbols
 
Name of each exchange
on which registered
Class A common shares of beneficial interest, $.01 par value
 
AMH
 
New York Stock Exchange
Series D perpetual preferred shares of beneficial interest, $.01 par value
 
AMH-D
 
New York Stock Exchange
Series E perpetual preferred shares of beneficial interest, $.01 par value
 
AMH-E
 
New York Stock Exchange
Series F perpetual preferred shares of beneficial interest, $.01 par value
 
AMH-F
 
New York Stock Exchange
Series G perpetual preferred shares of beneficial interest, $.01 par value
 
AMH-G
 
New York Stock Exchange
Series H perpetual preferred shares of beneficial interest, $.01 par value
 
AMH-H
 
New York Stock Exchange
 
 
 

Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
2021 Equity Incentive Plan
On May 6, 2021, American Homes 4 Rent (the “Company”) held its 2021 Annual Meeting of Shareholders (the “Annual Meeting”). As described below in Item 5.07 of this Current Report on Form
8-K,
at the Annual Meeting, the Company’s shareholders, upon the recommendation of the Company’s Board of Trustees (the “Board”), approved the American Homes 4 Rent 2021 Equity Incentive Plan (the “2021 Incentive Plan”), which replaces the Company’s existing equity compensation plan, the American Homes 4 Rent 2012 Equity Incentive Plan. A description of the material terms of the 2021 Incentive Plan is set forth in Proposal 2 in the Company’s Definitive Proxy Statement on Schedule 14A for the Annual Meeting filed with the Securities and Exchange Commission on March 22, 2021 (the “Proxy Statement”), and such description is incorporated by reference herein. The above description of the 2021 Incentive Plan does not purport to be complete and is qualified in its entirety by the full text of the 2021 Incentive Plan, which the Company will file as an exhibit to its Quarterly Report on Form
10-Q for
the quarter ending June 30, 2021. Copies of the forms of award agreements will also be filed as exhibits to the Company’s Quarterly Report on Form
10-Q
for the quarter ending June 30, 2021.
 
Item 5.07
Submission of Matters to a Vote of Security Holders.
On May 6, 2021, the Company held its virtual-only Annual Meeting. At the meeting, the Company’s shareholders voted on six proposals and cast their votes as described below. These proposals are described in detail in the Proxy Statement.
Proposal 1:
 The Company’s shareholders elected thirteen individuals to the Board for the succeeding year or until their successors are duly qualified and elected as set forth below:
 
Name
 
 
Votes For
 
 
Votes Against
 
 
Abstentions
 
 
Broker
Non-Votes
 
Kenneth M. Woolley
 
325,163,075
 
774,074
 
38,798
 
5,008,676
David P. Singelyn
 
325,383,200
 
553,405
 
39,342
 
5,008,676
Douglas N. Benham
 
317,730,891
 
8,033,887
 
211,169
 
5,008,676
Jack Corrigan
 
322,875,638
 
3,061,501
 
38,808
 
5,008,676
David Goldberg
 
324,894,314
 
1,042,776
 
38,857
 
5,008,676
Tamara H. Gustavson
 
325,384,685
 
552,502
 
38,760
 
5,008,676
Matthew J. Hart
 
319,855,554
 
6,081,585
 
38,808
 
5,008,676
Michelle C. Kerrick
 
325,202,967
 
565,277
 
207,703
 
5,008,676
James H. Kropp
 
322,229,121
 
3,534,631
 
212,195
 
5,008,676
Lynn C. Swann
 
324,360,522
 
1,578,314
 
37,111
 
5,008,676
Winifred M. Webb
 
318,281,439
 
7,486,709
 
207,799
 
5,008,676
Jay Willoughby
 
323,021,711
 
2,745,404
 
208,832
 
5,008,676
Matthew R. Zaist
 
324,628,578
 
1,135,679
 
211,690
 
5,008,676
Proposal 2:
 The Company’s shareholders approved the 2021 Incentive Plan as set forth below:
 
Votes For
 
 
Votes Against
 
 
Abstentions
 
 
Broker
Non-Votes
 
303,758,459
 
22,181,339
 
36,149
 
5,008,676

Proposal 3:
 The Company’s shareholders approved the American Homes 4 Rent Employee Stock Purchase Plan as set forth below:
 
Votes For
 
 
Votes Against
 
 
Abstentions
 
 
Broker
Non-Votes
 
325,864,507
 
78,298
 
33,142
 
5,008,676
Proposal 4:
 The Company’s shareholders ratified the appointment of Ernst & Young, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2021 as set forth below:
 
Votes For
 
 
Votes Against
 
 
Abstentions
 
 
Broker
Non-Votes
 
330,936,103
 
23,941
 
24,579
 
0
Proposal 5:
 The Company’s shareholders cast their votes with respect to the advisory vote to approve executive compensation as set forth below:
 
Votes For
 
 
Votes Against
 
 
Abstentions
 
 
Broker
Non-Votes
 
232,875,272
 
92,256,032
 
844,643
 
5,008,676
Proposal 6:
 The Company’s shareholders cast their votes with respect to the advisory vote on the frequency of future advisory votes on executive compensation as set forth below:
 
One Year
 
 
Two Years
 
 
Three Years
 
 
Abstentions
 
 
Broker
Non-Votes
 
314,155,264
 
16,397
 
4,873,270
 
6,931,016
 
5,008,676

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: May 7, 2021
 
 
 
AMERICAN HOMES 4 RENT
       
 
 
 
 
By:
 
/s/ Sara H. Vogt-Lowell
 
 
 
 
 
 
Name: Sara H. Vogt-Lowell
 
 
 
 
 
 
Title:   Chief Legal Officer
     
 
 
 
 
AMERICAN HOMES 4 RENT, L.P.
     
 
 
 
 
By:      American Homes 4 Rent, its General Partner
       
 
 
 
 
By:
 
/s/ Sara H. Vogt-Lowell
 
 
 
 
 
 
Name: Sara H. Vogt-Lowell
 
 
 
 
 
 
Title:   Chief Legal Officer
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