8-K
filed May 11, 2023, 7:59 PM ET
ticker FSP
CIK 0001031316
other
confidence high
sentiment neutral
materiality 0.00
Franklin Street Properties announces 2023 annual meeting results; all director nominees elected
FRANKLIN STREET PROPERTIES CORP /MA/
- All eight director nominees elected; Kenneth Hoxsie received fewest votes (71.5M for, 7.9M against).
- Ratification of Ernst & Young as independent auditor for FY 2023 approved: 83.6M for, 1.7M against.
- Non-binding advisory vote on executive compensation approved: 76.9M for, 2.4M against.
- Non-binding vote on frequency of advisory votes: majority (76.6M) favored every 1 year; company will hold annual votes.
Key facts
Extracted from this filing and checked against the source text.
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FRANKLIN STREET PROPERTIES CORP /MA/ shareholders approved Ratification of the Audit Committee's appointment of Ernst & Young LLP as the independent registered public accounting firm for fiscal year 2023 at the 2023-05-11 meeting.
- Proposal
- auditor ratification
- Outcome
- passed
- Meeting
- 2023-05-11
Exact text from the filing
(2) The proposal to ratify the Audit Committee’s appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was approved. The final number of votes cast for, against or abstaining from voting on that proposal are listed below. For Against Abstain 83,571,677 1,681,939 73,743
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FRANKLIN STREET PROPERTIES CORP /MA/ shareholders approved Advisory vote on frequency of future advisory votes on executive compensation at the 2023-05-11 meeting.
- Proposal
- say on pay frequency
- Outcome
- passed
- Meeting
- 2023-05-11
Exact text from the filing
(4) The stockholders recommended, by non-binding vote, that future votes on the Company’s executive compensation be held every year. The final number of votes cast for “1 YEAR”, “2 YEARS”, “3 YEARS” or abstaining from voting on that proposal are listed below. 1 YEAR 2 YEARS 3 YEARS Abstain 76,571,595 52,759 2,721,227 107,888
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FRANKLIN STREET PROPERTIES CORP /MA/ shareholders approved Advisory vote to approve executive compensation at the 2023-05-11 meeting.
- Proposal
- say on pay
- Outcome
- passed
- Meeting
- 2023-05-11
Exact text from the filing
(3) The proposal to approve, by non-binding vote, the Company’s executive compensation was approved. The final number of votes cast for, against or abstaining from voting on that proposal and broker non-votes are listed below. For Against Abstain Broker Non-Votes 76,936,220 2,357,171 160,078 5,873,890
View on SEC.gov
Shareholder Votes
SEC 8-K Item 5.07
confidence 0.9
FRANKLIN STREET PROPERTIES CORP /MA/ shareholders approved Election of eight directors to serve until 2024 annual meeting at the 2023-05-11 meeting.
- Proposal
- director election
- Outcome
- passed
- Meeting
- 2023-05-11
Exact text from the filing
(1) The following table sets forth the names of the directors elected at the 2023 Annual Meeting for a new one-year term expiring at the 2024 Annual Meeting of Stockholders and the final number of votes cast for or against each director and the number of broker non-votes. Name For Against Broker Non-Votes George J. Carter 76,825,472 2,627,997 5,873,890 Georgia Murray 76,460,764 2,992,705 5,873,890 Brian N. Hansen 78,025,926 1,427,543 5,873,890 John N. Burke 75,448,190 4,005,279 5,873,890 Dennis J. McGillicuddy 77,092,567 2,360,902 5,873,890 Kenneth A. Hoxsie 71,532,799 7,920,670 5,873,890 Kathryn P. O’Neil 76,675,782 2,777,687 5,873,890 Milton P. Wilkins, Jr. 77,275,415 2,178,054 5,873,890
View on SEC.gov
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