aat-20200609FALSE000150021700015002172020-06-092020-06-09
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):
June 9, 2020
_________________________
American Assets Trust, Inc.
(Exact name of registrant as specified in its charter)
_________________________
| | | | | | | | |
| Maryland | 001-35030 | 27-3338708 |
(State or other jurisdiction
of incorporation) | (Commission
File Number) | (I.R.S. Employer
Identification No.) |
11455 El Camino Real, Suite 200
San Diego, California 92130
(Address of principal executive offices and Zip Code)
(858) 350-2600
(Registrant’s telephone number, including area code)
Not Applicable
(Former name or former address, 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:
| | | | | | | | | | | |
| Name of Registrant | Title of each class | Trading Symbol | Name of each exchange on which registered |
| American Assets Trust, Inc. | Common Stock, par value $0.01 per share | AAT | 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. | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
On June 9, 2020, American Assets Trust, Inc. (the “Company”) held its 2020 Annual Meeting of Stockholders, in which the stockholders voted on proposals as follows:
Proposal No. 1: The election of five directors, each to serve until the next annual meeting of stockholders in 2021 and until his or her successor is duly elected and qualified.
| | | | | | | | | | | | | | |
| Nominee | | Votes For | | Votes Withheld |
| Ernest S. Rady | | 52,139,981 | | 3,148,165 |
| Duane A. Nelles | | 36,117,309 | | 19,170,837 |
| Thomas S. Olinger | | 43,392,336 | | 11,895,810 |
| Joy L. Schaefer | | 53,664,526 | | 1,623,620 |
| Dr. Robert S. Sullivan | | 43,952,131 | | 11,336,015 |
| | | | |
| | | | |
| | | | |
| | | | |
There were 933,270 broker non-votes and no abstentions in connection with Proposal No. 1. Each of the preceding five directors was elected to our board of directors to serve until the next annual meeting of stockholders in 2021 or until his or her respective successors are duly elected and qualified.
Proposal No. 2: The ratification of the appointment Ernst & Young LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2020.
| | | | | | | | | | | | | | |
| Votes For | | Votes Against | | Abstentions |
| 55,513,165 | | 706,475 | | 1,776 |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
There were no broker non-votes in connection with Proposal No. 2.
Proposal No. 3: The approval of the amendment and restatement of the American Assets Trust, Inc. and American Assets Trust, L.P. 2011 Equity Incentive Award Plan.
| | | | | | | | | | | | | | |
| Votes For | | Votes Against | | Abstentions |
| 53,851,080 | | 1,429,029 | | 8,037 |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
There were 933,270 broker non-votes in connection with Proposal No. 3.
Proposal No. 4: An advisory resolution to approve the Company’s executive compensation for the fiscal year ended December 31, 2020.
| | | | | | | | | | | | | | |
| Votes For | | Votes Against | | Abstentions |
| 54,209,006 | | 1,071,372 | | 7,768 |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
| | | | |
There were 933,270 broker non-votes in connection with Proposal No. 4.
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.
| | | | | | | | |
| American Assets Trust, Inc. | |
| By: | /s/ Adam Wyll |
| Adam Wyll | |
| Executive Vice President and Chief Operating Officer | |
June 9, 2020 | | |
EXHIBIT INDEX
| | | | | | | | |
Exhibit Number | | Exhibit Description |
| 104 | | Cover Page Interactive Data File (the cover page XBRL tags are embedded within the Inline XBRL document). |
_____________________
