Business Context and Reporting Period
This Form 8-K filing by Four Corners Property Trust, Inc. (FCPT) reports on the results of the annual meeting of stockholders held on June 11, 2021. The filing details the voting outcomes for three specific proposals submitted to shareholders.
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on corporate governance voting results rather than financial performance data.
Material Changes and Voting Results
The following matters were submitted to a vote of security holders with the following outcomes:
- Proposal One: Election of Directors - All eight nominees were re-elected for a one-year term expiring in 2022.
- William H. Lenehan: 65,080,303 votes for.
- John S. Moody: 64,722,198 votes for.
- Douglas B. Hansen: 63,015,320 votes for.
- Eric S. Hirschhorn: 64,829,845 votes for.
- Charles L. Jemley: 64,500,553 votes for.
- Marran H. Ogilvie: 64,085,437 votes for.
- Toni Steele: 64,814,531 votes for.
- Liz Tennican: 65,038,164 votes for.
- Proposal Two: Ratification of Independent Auditor - Stockholders ratified the appointment of KPMG LLP for the fiscal year ending December 31, 2021.
- Votes For: 69,602,299
- Votes Against: 34,175
- Abstentions: 38,235
- Proposal Three: Executive Compensation (Say-on-Pay) - Stockholders approved, on a non-binding advisory basis, the compensation of named executive officers.
- Votes For: 64,020,125
- Votes Against: 1,121,222
- Abstentions: 106,063
Guidance, Outlook, and Risks
The filing text does not provide a clear value for guidance, outlook, management commentary, risks, contingencies, or unusual items. The document is limited to the disclosure of voting results.
Important Facts for Investors to Verify
- Verify the total number of shares outstanding to contextualize the voting percentages.
- Review the definitive Proxy Statement (Schedule 14A) filed on April 23, 2021, for detailed biographies of the re-elected directors and the specific compensation details approved in Proposal Three.
- Confirm the term expiration dates for the newly elected directors (2022).