8-K
filed July 31, 2023, 7:59 PM ET
ticker CMCT
CIK 0000908311
other material
confidence high
sentiment neutral
materiality 0.15
CMCT shareholders approve all proposals at 2023 annual meeting
Creative Media & Community Trust Corp
- 17,448,430 shares voted (76.74% of eligible) at July 27, 2023 annual meeting.
- All seven director nominees elected: Bech, Bryant, Edwards, Kuba, Ressler, Shemesh, Wong.
- Equity compensation plan amendment, advisory say-on-pay (1-year frequency), and Deloitte auditor ratification all approved.
- Company will hold annual advisory vote on executive compensation until required 2029 vote.
- No other material items were voted on.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Creative Media & Community Trust Corp shareholders approved Approval, By a Non-Binding Vote, of Executive Compensation at the 2023-07-27 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-07-27
Exact text from the filing
3. Approval, By a Non-Binding Vote, of Executive Compensation For 10,453,859.19 Against 3,034,785.89 Abstentions 243,997.00 Broker Non-Votes 3,715,788.00 The foregoing proposal was approved.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Creative Media & Community Trust Corp shareholders approved Approval of the Amendment to the Equity Compensation Plan at the 2023-07-27 meeting.
- Proposal
- equity plan
- Outcome
- passed
- Meeting
- 2023-07-27
Exact text from the filing
2. Approval of the Amendment to the Equity Compensation Plan For 13,333,986.64 Against 391,822.44 Abstentions 6,833.00 Broker Non-Votes 3,715,788.00 The foregoing proposal was approved.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Creative Media & Community Trust Corp shareholders approved Approval of frequency of the vote on executive compensation by a non-binding advisory vote. at the 2023-07-27 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-07-27
Exact text from the filing
4. Approval of frequency of the vote on executive compensation by a non-binding advisory vote. Every 1-Year 12,655,796.31 Every 2-Years 5,474.77 Every 3-Years 804,624.00 Abstentions 266,716.00 Broker Non-Votes 3,715,819.00 The 1-Year option was approved.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Creative Media & Community Trust Corp shareholders approved Ratification of the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. at the 2023-07-27 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-07-27
Exact text from the filing
5. Ratification of the appointment of Deloitte & Touche, LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023. For 16,770,462.64 Against 321,334.44 Abstentions 356,633.00 Broker Non-Votes — The foregoing proposal was approved.
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
Creative Media & Community Trust Corp shareholders approved Election of Directors at the 2023-07-27 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-07-27
Exact text from the filing
1. Election of Directors For Withheld Broker Non-Votes Douglas Bech 10,922,519.85 2,810,123.23 3,715,787.00 John Hope Bryant 13,380,090.85 352,552.23 3,715,787.00 Marcie Edwards 13,057,661.85 674,981.23 3,715,787.00 Shaul Kuba 13,322,459.85 410,183.23 3,715,787.00 Richard Ressler 13,320,503.85 412,139.23 3,715,787.00 Avraham Shemesh 13,320,459.85 412,183.23 3,715,787.00 Elaine Wong 12,616,970.85 1,115,672.23 3,715,787.00
View on SEC.gov
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