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8-K filed May 12, 2023, 7:59 PM ET ticker STRS CIK 0000885508
other confidence high sentiment neutral materiality 0.30

Stratus Properties shareholders approve officer exculpation amendment and re-elect three Class I directors

STRATUS PROPERTIES INC

item 5.03item 5.07item 9.01

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

STRATUS PROPERTIES INC: Approved and filed amendment to certificate of incorporation to add officer exculpation as permitted by Delaware law (effective 2023-05-11).

Change
charter amendment
Effective
2023-05-11
Exact text from the filing
At Stratus Properties Inc.’s (Stratus) 2023 annual meeting of stockholders held on May 11, 2023 (the Annual Meeting), Stratus’ stockholders approved the amendment to Stratus’ amended and restated certificate of incorporation, as amended (the certificate of incorporation), to provide for the exculpation of officers as permitted by Delaware law (the Amendment). Accordingly, on May 11, 2023, Stratus filed a certificate of amendment to its certificate of incorporation (the Certificate of Amendment) with the Delaware Secretary of State, and the Amendment became effective on the date of filing.
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

STRATUS PROPERTIES INC shareholders approved Approval of the amendment to Stratus’ certificate of incorporation to add officer exculpation at the 2023-05-11 meeting.

Proposal
charter amendment
Outcome
passed
Meeting
2023-05-11
Exact text from the filing
Proposal No. 4: Approval of the amendment to Stratus’ certificate of incorporation to add officer exculpation. Votes For Votes Against Abstentions Broker Non-Votes 4,293,734 148,833 10,470 2,103,545
View on SEC.gov
Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

STRATUS PROPERTIES INC shareholders approved Approval, on an advisory basis, of the compensation of Stratus’ named executive officers at the 2023-05-11 meeting.

Proposal
say on pay
Outcome
passed
Meeting
2023-05-11
Exact text from the filing
Proposal No. 2: Approval, on an advisory basis, of the compensation of Stratus’ named executive officers. Votes For Votes Against Abstentions Broker Non-Votes 3,350,551 1,091,513 10,944 2,103,545
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

STRATUS PROPERTIES INC shareholders approved Election of three Class I director nominees at the 2023-05-11 meeting.

Proposal
director election
Outcome
passed
Meeting
2023-05-11
Exact text from the filing
Proposal No. 1: Election of three Class I director nominees. Name Votes For Votes Withheld Broker Non-Votes Laurie L. Dotter 4,343,404 109,633 2,103,545 James E. Joseph 4,200,419 252,618 2,103,545 Michael D. Madden 4,329,142 123,895 2,103,545
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Shareholder Votes SEC 8-K Item 5.07 confidence 0.9

STRATUS PROPERTIES INC shareholders approved Ratification, on an advisory basis, of the appointment of CohnReznick LLP as Stratus’ independent registered public accounting firm for 2023 at the 2023-05-11 meeting.

Proposal
auditor ratification
Outcome
passed
Meeting
2023-05-11
Exact text from the filing
Proposal No. 3: Ratification, on an advisory basis, of the appointment of CohnReznick LLP as Stratus’ independent registered public accounting firm for 2023. Votes For Votes Against Abstentions Broker Non-Votes 6,527,661 15,773 13,148 N/A
View on SEC.gov

190 governance changes filed in the last 30 days. Browse all governance changes →

STRATUS PROPERTIES INC filing history →

Source: SEC EDGAR
accession 0000885508-23-000024
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