Power REIT
05/27/2021 | Press release | Distributed by Public on 05/27/2021 04:02
Submission of Matters to a Vote of Shareholders (Form 8-K)
Submission of Matters to a Vote of Shareholders
Power REIT's (the 'Trust') 2021 Annual Meeting of shareholders was held on May 26, 2021. For more information on the following proposals, see the trust's proxy statement dated May 7, 2021, the relevant portions of which are incorporated herein by reference.
Below are the final voting results.
1)Shareholders elected each of the five nominees to the Board of Trustees for a one-year term.
| For | Withheld | |||||||
| David H. Lesser | 1,490,629 | 11,257 | ||||||
| Virgil E. Wenger | 1,492,933 | 8,953 | ||||||
| Patrick R. Haynes, III | 1,172,959 | 328,927 | ||||||
| William S. Susman | 1,166,303 | 335,583 | ||||||
| Paula J. Poskon | 1,498,450 | 3,436 |
2)Shareholders ratified MaloneBailey LLP as the Trust's independent audit firm for 2021.
| For | Against | Abstain | ||||||||
| 2,287,656 | 7,822 | 3,822 |
3)Shareholders approve on an advisory basis, the compensation of our named executive officers.
| For | Against | Abstain | ||||||||
| 1,470,005 | 25,327 | 6,554 |
4) Shareholders recommend, on an advisory basis, a three-year frequency for holding an advisory vote of executive compensation.
| 1 Year | 2 Years | 3 Years | ||||||||
| 657,679 | 15,015 | 822,726 |