Recent 8-K filings for KIM

• January 3, 2023, 6:59 PM ET other material materiality 0.50 neutral item 1.01item 3.01item 3.03item 5.01item 5.02item 5.03item 9.01 ◈ Material Agreements ×2◈ M&A Transactions

  Kimco Realty completes UPREIT reorganization; all shares convert 1-for-1

  Old Kimco merged into New Kimco on Jan 1, 2023; outstanding shares converted automatically 1-for-1 with same rights.

• January 3, 2023, 6:59 PM ET other materiality 0.20 neutral item 8.01item 9.01

  Kimco files updated pro forma 2021 financials reflecting final Weingarten acquisition valuation

  Total Merger consideration: $4.1 billion; each WRI share received $2.20 cash + 1.408 Kimco shares.

• December 15, 2022, 6:59 PM ET other material materiality 0.60 positive item 5.03item 8.01item 9.01 ◈ Governance Changes

  Kimco Realty to reorganize into UPREIT structure effective Jan 1, 2023

  Each outstanding common and preferred share converts automatically into identical share of New Kimco.

• October 27, 2022, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

  Kimco Realty Q3 FFO $0.41 beats; raises FY2022 outlook; dividend to $0.23

  Q3 2022 FFO $0.41/sh (+28.1% YoY); GAAP EPS $0.08 (incl. $532.6M MTM loss on ACI shares).

• August 24, 2022, 7:59 PM ET debt materiality 0.50 neutral item 1.01item 9.01

  Kimco Realty closes $650M offering of 4.600% Notes due 2033

  $650M aggregate principal amount of 4.600% Notes due 2033 issued on Aug 24, 2022.

• August 11, 2022, 7:59 PM ET debt materiality 0.55 neutral item 1.01item 7.01item 9.01

  Kimco Realty prices $650M 4.600% notes due 2033 to refinance near-term debt

  Priced $650M aggregate principal of 4.600% notes due Feb. 1, 2033; effective yield 4.670%.

• August 10, 2022, 7:59 PM ET debt materiality 0.50 neutral item 7.01item 8.01item 9.01

  Kimco Realty to redeem $613.6M of 2023 notes, incurring ~$0.4M prepayment charge

  Redemption of $299.67M of 3.50% Notes due 2023 and $313.925M of 3.125% Senior Notes due 2023.

• August 8, 2022, 7:59 PM ET debt materiality 0.40 neutral item 7.01item 8.01item 9.01

  Kimco Realty redeems $288.4M 3.375% Notes due 2022 on Sept 7

  Redeeming $288.402M aggregate principal of 3.375% Senior Notes due Oct 15, 2022.

• July 28, 2022, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Kimco Realty Q2 FFO $0.40 (+17.6% YoY); raises common dividend 29.4% YoY

  Net loss available to common shareholders of $0.21/diluted share vs $0.25 income in Q2 2021, primarily due to $285.8M mark-to-market reduction on ACI stock.

• April 28, 2022, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

  Kimco Realty Q1 FFO $0.39 (+18.2% YoY), raises dividend 5.3%, lifts 2022 guidance

  Net income $0.37/diluted share vs $0.30 prior year; FFO $0.39/diluted share, up 18.2%.

• April 27, 2022, 7:59 PM ET other material materiality 0.10 neutral item 5.07

  Kimco Realty annual meeting results: all director nominees elected, say-on-pay and auditor ratified

  Eight directors elected: Milton Cooper (522M for), Conor Flynn (517M), Valerie Richardson (514M), Henry Moniz (510M), and others.

• February 25, 2022, 6:59 PM ET debt materiality 0.50 neutral item 1.01item 9.01

  Kimco Realty completes $600M offering of 3.200% Notes due 2032

  Underwritten public offering of $600 million aggregate principal of 3.200% Notes maturing in 2032.

• February 16, 2022, 6:59 PM ET debt materiality 0.50 neutral item 1.01item 7.01item 9.01

  Kimco Realty prices $600M of 3.200% notes due 2032 to refinance 2022 notes

  Issued $600M aggregate principal of 3.200% notes due April 1, 2032; effective yield 3.297%.

• February 15, 2022, 6:59 PM ET debt materiality 0.60 neutral item 7.01item 8.01item 9.01

  Kimco Realty redeems $500M 3.4% Senior Notes due 2022 at $1,012.94 per $1,000

  Redeeming all $500M outstanding 3.400% Senior Notes on March 2, 2022.

• February 10, 2022, 6:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

  Kimco Realty Q4 FFO $0.39/share, raises dividend 11.8%, guides FY22 FFO $1.46-1.50

  Q4 2021 Nareit FFO $0.39/diluted share (vs $0.31 in Q4 2020); net income $0.13/diluted share.

• November 5, 2021, 7:59 PM ET earnings materiality 0.80 positive item 2.02item 9.01

  Kimco Q3 net income $0.91/diluted; raises 2021 FFO guidance to $1.36-$1.37; completed Weingarten merger

  Net income $501.4M ($0.91/diluted) vs ($0.10) loss in Q3 2020; NAREIT FFO $0.32/diluted includes $0.08 merger costs.

• September 22, 2021, 7:59 PM ET debt materiality 0.60 neutral item 1.01item 9.01

  Kimco Realty completes $500M offering of 2.250% notes due 2031

  Completed $500M public offering of 2.250% Notes due 2031.

• September 14, 2021, 7:59 PM ET debt materiality 0.65 neutral item 1.01item 7.01item 9.01

  Kimco Realty prices $500M of 2.250% notes due 2031 at 2.301% yield

  $500M aggregate principal of 2.250% notes due December 1, 2031; effective yield 2.301%.

• August 24, 2021, 7:59 PM ET other material materiality 0.20 neutral item 8.01item 9.01

  Kimco registers 1.99M shares for exchange of DownREIT partnership units from WRI merger

  Registers up to 1,988,015 shares for issuance upon redemption of units in Madison Village LP and Raleigh LP.

• August 18, 2021, 7:59 PM ET other material materiality 0.35 neutral item 1.01item 8.01item 9.01

  Kimco Realty files $500M ATM equity sales program with 20 agents, forward sale option

  ATM program allows sale of up to $500M of common stock; agents include BofA, Barclays, BMO, and 17 others.

• August 17, 2021, 7:59 PM ET other material materiality 0.65 neutral item 9.01

  Kimco files WRI historical financials for acquisition; WRI earned $0.32/share in H1 2021

  WRI net income attributable to common shareholders: $40.7M ($0.32 per diluted share) for six-month period ended June 30, 2021.

• August 17, 2021, 7:59 PM ET litigation materiality 0.65 neutral item 8.01item 7.01

  Kimco settles seven shareholder lawsuits over WRI merger disclosures; releases supplemental financial projections

  Settlement reached with plaintiffs in seven federal and one state action alleging inadequate merger disclosures.

• August 4, 2021, 7:59 PM ET M&A materiality 0.85 positive item 2.01item 5.07item 7.01item 9.01

  Kimco completes acquisition of Weingarten Realty; WRI shareholders get 1.408 KIM shares + $2.20 cash per share

  Merger closed August 3, 2021; creates preeminent open-air grocery-anchored REIT.

• July 29, 2021, 7:59 PM ET earnings materiality 0.75 positive item 2.02item 9.01

  Kimco Q2 FFO $0.34, raises 2021 guidance, occupancy up 40 bps

  Net income $110.3M ($0.25/diluted) vs $741.5M ($1.71) in Q2 2020, which included one-time ACI gains.

• July 23, 2021, 7:59 PM ET litigation materiality 0.60 neutral item 8.01

  Kimco settles shareholder lawsuits over WRI merger, provides supplemental disclosures

  Multiple shareholder actions alleging incomplete S-4 disclosure settled by Kimco and Weingarten; lawsuits to be dismissed.

• July 15, 2021, 7:59 PM ET M&A materiality 0.70 positive item 8.01

  Kimco Realty: WRI declares $0.69 special distribution, adjusting merger cash consideration to $2.20 per share

  WRI declared special cash distribution of $0.69 per share, payable Aug 2 to holders of record July 28.

Materiality & sentiment trend

Max materiality 0.85 · Median 0.60 · Most common event debt

9 positive 0 negative 17 neutral

source · KIM on sec.gov