Presidio Property Trust Inc.

07/23/2021 | Press release | Distributed by Public on 07/23/2021 14:43

Submission of Matters to Vote of Security Holders (Form 8-K)

Submission of Matters to Vote of Security Holders.
On July 22, 2021, Presidio Property Trust, Inc. ('Company') held its Annual Meeting of Stockholders ('Annual Meeting'). The Annual Meeting was initially convened as noticed on May 27, 2021 but was adjourned due to lack of quorum. Of the 9,895,051 shares of common stock issued and outstanding and eligible to vote as of the record date of April 1, 2021, 5,072,245 shares, or 51.26% of the eligible shares, were present in person or represented by proxy at the Annual Meeting, and therefore, a quorum was present.
The proposals voted on at the Annual Meeting are more fully described in the Proxy Statement on Schedule 14A filed by the Company with the Securities and Exchange Commission on April 13, 2021.
The final voting results on the proposals presented for stockholders approval at the Annual Meeting were as follows:
Proposal 1: Six (6) director nominees were elected to serve on the Company's board of directors until the Company's next annual meeting of stockholders or until their respective successors are duly elected and qualified, as follows:
DIRECTOR
FOR
WITHHELD
Broker Non-Votes
Jennifer A Barnes
2,849,383
184,231
2,038,611
David T. Bruen
2,907,229
126,385
2,038,611
Larry G. Dubose
2,892,748
140,866
2,038,611
James R. Durfey
2,888,542
145,072
2,038,611
Jack K. Heilbron
2,816,657
216,957
2,038,611
Sumner J. Rollings
2,797,177
236,437
2,038,611
Proposal 2: The appointment of Baker Tilly US, LLP (successor to Squar Milner LLP following their combination) as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2021 was ratified, as follows:
FOR
AGAINST
ABSTAIN
4,742,999
266,737
62,489
Proposal 3: An amendment to the Company's charter was not approved to provide for 'blank check' common stock, as follows:
FOR
AGAINST
ABSTAIN
2,544,030
299,997
189,587
Proposal 4: No other business properly came before the meeting, so no vote was needed.