Business Context and Reporting Period
This Form 8-K filing by Community Healthcare Trust Inc. reports on the results of the Annual Meeting of Stockholders held on May 17, 2018. The report date is May 18, 2018. The company is incorporated in Maryland and is designated as an emerging growth company.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This document focuses exclusively on corporate governance voting results.
Material Changes and Voting Results
Approximately 94.11% of total outstanding eligible shares (17,109,403.4 shares) were present in person or by proxy. The following proposals were voted upon:
- Election of Directors: Five directors were elected for one-year terms expiring in 2019. All nominees received significant support with minimal votes withheld.
- Ratification of Auditors: Shareholders ratified the appointment of BDO USA, LLP as the independent registered public accounting firm for 2018.
| Nominee/Proposal | Votes For | Votes Against/Withheld | Abstentions/Non-Votes |
|---|---|---|---|
| Alan Gardner | 14,755,601.4 | 166,169.0 | 2,187,633.0 |
| Claire Gulmi | 14,814,774.4 | 106,996.0 | 2,187,633.0 |
| Robert Z. Hensley | 14,755,802.4 | 165,968.0 | 2,187,633.0 |
| R. Lawrence Van Horn | 14,756,003.4 | 165,767.0 | 2,187,633.0 |
| Timothy G. Wallace | 14,670,351.4 | 251,419.0 | 2,187,633.0 |
| Ratification of BDO USA, LLP | 17,065,259.4 | 22,964.0 | 21,180.0 |
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items.
Key Facts for Investor Verification
- Verify the total number of outstanding shares to confirm the 94.11% participation rate.
- Confirm the terms of the newly elected directors expire in 2019.
- Note the high volume of broker non-votes (2,187,633.0) on the director elections.
- Confirm the engagement of BDO USA, LLP for the 2018 fiscal year.