Realty Income closes merger with VEREIT; issues 161.6M shares; plans Orion spin-off Nov 12

REALTY INCOME CORP

VEREIT stockholders received 0.705 Realty Income shares per share; ~161.6M total shares issued.
Two former VEREIT directors, Priscilla Almodovar and Mary Hogan Preusse, appointed to Realty Income board.
Realty Income assumed $4.65B of VEREIT notes; exchange offers for Realty Notes expire Nov 5, 2021.
Spin-off of office assets into Orion Office REIT expected Nov 12; record date Nov 2, 2021.
Board increased from 10 to 12; new directors each receive 4,000 restricted shares vesting over 3 years.

item 1.01 item 2.01 item 2.03 item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Appointed

Mary Hogan Preusse

director

O · REALTY INCOME CORP

Effective: 2021-11-01
Filed: November 1, 2021, 7:59 PM ET

the Board increased the total number of directors from 10 to 12 and appointed each of Priscilla Almodovar and Mary Hogan Preusse to serve as directors on the Board until Realty Income’s 2022 annual meeting of stockholders and until their respective successors are duly elected and qualified.

Appointed

Priscilla Almodovar

director

O · REALTY INCOME CORP

Effective: 2021-11-01
Filed: November 1, 2021, 7:59 PM ET

the Board increased the total number of directors from 10 to 12 and appointed each of Priscilla Almodovar and Mary Hogan Preusse to serve as directors on the Board until Realty Income’s 2022 annual meeting of stockholders and until their respective successors are duly elected and qualified.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Mary Hogan Preusse was appointed as director at REALTY INCOME CORP.

Action: appointed
Role: director

Exact text from the filing

the Board increased the total number of directors from 10 to 12 and appointed each of Priscilla Almodovar and Mary Hogan Preusse to serve as directors on the Board until Realty Income’s 2022 annual meeting of stockholders and until their respective successors are duly elected and qualified.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Priscilla Almodovar was appointed as director at REALTY INCOME CORP.

Action: appointed
Role: director

Exact text from the filing

the Board increased the total number of directors from 10 to 12 and appointed each of Priscilla Almodovar and Mary Hogan Preusse to serve as directors on the Board until Realty Income’s 2022 annual meeting of stockholders and until their respective successors are duly elected and qualified.

View on SEC.gov

REALTY INCOME CORP filing history →

Source: SEC EDGAR

accession 0001104659-21-132405

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