Current Report Filing (8-k)
April 22 2020 - 4:02PM
Edgar (US Regulatory)
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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): April 21, 2020
PUBLIC STORAGE
(Exact name of registrant as specified in its charter)
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Maryland
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001-33519
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95-3551121
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS. Employer
Identification No.)
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701 Western Avenue,
Glendale, California
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91201-2349
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(Address of principal executive offices)
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(Zip Code)
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(818) 244-8080
(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:
☐
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Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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☐
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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☐
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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☐
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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 Act:
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Title of Class
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Trading
Symbol
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Name of exchange
on which registered
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Common Shares, $0.10 par value
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PSA
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 5.375% Cum Pref Share, Series V, $0.01 par value
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PSAPrV
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 5.200% Cum Pref Share, Series W, $0.01 par value
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PSAPrW
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 5.200% Cum Pref Share, Series X, $0.01 par value
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PSAPrX
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 5.400% Cum Pref Share, Series B, $0.01 par value
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PSAPrB
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 5.125% Cum Pref Share, Series C, $0.01 par value
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PSAPrC
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 4.950% Cum Pref Share, Series D, $0.01 par value
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PSAPrD
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 4.900% Cum Pref Share, Series E, $0.01 par value
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PSAPrE
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 5.150% Cum Pref Share, Series F, $0.01 par value
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PSAPrF
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 5.050% Cum Pref Share, Series G, $0.01 par value
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PSAPrG
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 5.600% Cum Pref Share, Series H, $0.01 par value
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PSAPrH
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 4.875% Cum Pref Share, Series I, $0.01 par value
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PSAPrI
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 4.700% Cum Pref Share, Series J, $0.01 par value
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PSAPrJ
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New York Stock Exchange
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Depositary Shares Each Representing 1/1,000 of a 4.750% Cum Pref Share, Series K, $0.01 par value
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PSAPrK
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New York Stock Exchange
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0.875% Senior Notes due 2032
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PSA32
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New York Stock Exchange
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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 12-2 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 pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.07
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Submission of Matters to a Vote of Security Holders
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Three proposals were submitted to Public Storage shareholders for a vote at the 2020 Annual Meeting of Shareholders held on April 21, 2020. The proposals are described in detail in our proxy statement for the 2020 Annual Meeting filed with the Securities and Exchange Commission on March 12, 2020. The final results for the votes for each proposal are set forth below:
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1.
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Our shareholders elected twelve trustees to the Board of Trustees of Public Storage, to hold office until the 2021 Annual Meeting of Shareholders or until their successors are duly qualified and elected. The votes for each nominee were as follows:
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Name
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For
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Against
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Abstain
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Broker Non-Votes
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Uncast
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Ronald L. Havner, Jr.
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130,505,347
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16,095,167
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5,041,208
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7,100,688
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0
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Tamara Hughes Gustavson
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146,306,320
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5,224,937
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110,465
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7,100,688
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0
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Uri P. Harkham
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146,286,113
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5,231,107
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124,502
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7,100,688
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0
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Leslie S. Heisz
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146,992,074
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4,532,241
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117,407
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7,100,688
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0
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B. Wayne Hughes, Jr.
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146,058,015
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5,468,207
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115,500
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7,100,688
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0
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Avedick B. Poladian
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140,289,269
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11,226,148
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126,305
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7,100,688
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0
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Gary E. Pruitt
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143,152,551
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8,365,375
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123,796
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7,100,688
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0
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John Reyes
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138,662,433
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12,863,642
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115,647
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7,100,688
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0
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Joseph D. Russell, Jr.
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147,544,370
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3,983,084
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114,268
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7,100,688
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0
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Tariq M. Shaukat
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150,597,878
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921,759
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122,085
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7,100,688
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0
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Ronald P. Spogli
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144,981,907
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6,538,106
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121,709
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7,100,688
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0
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Daniel C. Staton
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144,840,980
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6,679,049
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121,693
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7,100,688
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0
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2.
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Our shareholders approved the advisory vote to approve the compensation of our named executive officers. The votes were as follows:
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For
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Against
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Abstain
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Broker Non-Votes
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Uncast
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140,287,500
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11,138,636
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215,586
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7,100,688
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0
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3.
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Our shareholders ratified the appointment of Ernst & Young LLP as Public Storage’s independent registered public accounting firm for the fiscal year ending December 31, 2020. The votes were as follows:
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For
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Against
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Abstain
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Broker Non-Votes
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Uncast
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153,786,834
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4,838,544
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117,032
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0
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0
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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.
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PUBLIC STORAGE
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By:
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/s/ Nathaniel A. Vitan
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Date: April 22, 2020
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Nathaniel A. Vitan
Senior Vice President, Chief Legal Officer & Corporate Secretary
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