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Common Stock

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): June 5, 2023

 

SL GREEN REALTY CORP.

(Exact name of registrant as specified in its charter)

 

Maryland 1-13199 13-3956775
(State or other jurisdiction of
incorporation)
(Commission File Number) (I.R.S. Employer Identification
Number)

 

 

One Vanderbilt Avenue

New York, New York 10017

(Address of principal executive offices, including zip code)

 

 

Registrants’ telephone number, including area code: (212) 594-2700

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions(see General Instruction A.2. below):

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Registrant   Trading Symbol   Title of Each Class   Name of Each Exchange on Which
Registered
SL Green Realty Corp.   SLG   Common Stock, $0.01 par value   New York Stock Exchange
SL Green Realty Corp.   SLG.PRI   6.500% Series I Cumulative Redeemable Preferred Stock, $0.01 par value   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company   ¨

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act  ¨

 

 

 

 

 

 

Item 5.07. Submission of Matters to a Vote of Security Holders

(a)  SL Green Realty Corp. (the “Company”) held its Annual Meeting of Stockholders (the “Annual Meeting”) on June 5, 2023.

 

(b)  The Annual Meeting was held for the purpose of: (i) electing nine directors to serve on the Company’s Board of Directors until the Company’s 2024 annual meeting of stockholders and until their successors are duly elected and qualify; (ii) approving, on an advisory basis, the Company’s executive compensation; (iii) ratifying the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 and (iv) voting, on an advisory basis, on whether future advisory votes on the Company’s executive compensation should be held every one, two or three years. Further information regarding the foregoing proposals is contained in the Company’s Definitive Proxy Statement on Schedule 14A, filed with the Securities and Exchange Commission on April 21, 2023. The total number of shares of common stock entitled to vote at the Annual Meeting was 65,443,143 of which 44,360,498 shares, or approximately 67.78%, were present in person or by proxy.  The results of the meeting are as follows:

 

Proposal 1

 

John H. Alschuler, Betsy S. Atkins, Carol N. Brown, Edwin T. Burton, III, Lauren B. Dillard, Stephen L. Green, Craig M. Hatkoff, Marc Holliday and Andrew W. Mathias were elected, with approximately 85.49%, 95.65%, 90.87%, 79.91%, 86.63%, 95.92%, 82.64%, 91.62% and 94.22%, respectively, of the votes cast voting in favor, as the directors of the Company for a one-year term and until their successors are duly elected and qualify.

 

   Votes For  Votes Against  Votes Abstaining  Broker Non-Votes
John H. Alschuler  30,870,015  5,239,491  114,295  8,136,697
Betsy S. Atkins  34,549,859  1,570,447  103,495  8,136,697
Carol N. Brown  32,822,752  3,298,351  102,698  8,136,697
Edwin T. Burton III  28,855,405  7,253,522  114,874  8,136,697
Lauren B. Dillard  31,288,974  4,829,961  104,866  8,136,697
Stephen L. Green  34,637,333  1,475,196  111,272  8,136,697
Craig M. Hatkoff  29,838,736  6,270,339  114,726  8,136,697
Marc Holliday  33,110,668  3,027,191  85,942  8,136,697
Andrew W. Mathias  34,019,939  2,088,552  115,310  8,136,697

 

 

 

 

Proposal 2

 

The proposal to approve, on an advisory basis, the Company’s executive compensation was approved, with approximately 63.90% of the votes cast voting in favor.

 

Votes For  Votes Against  Votes Abstaining  Broker Non-Votes
23,028,083  13,008,693  187,025  8,136,697

 

Proposal 3

 

The appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2023 was ratified, with approximately 94.86% of the votes cast voting in favor.

 

Votes For  Votes Against  Votes Abstaining
41,954,993  2,273,918  131,587

 

Proposal 4

 

The frequency of “one year” received the most votes on the proposal to vote, on an advisory basis, on whether future advisory votes on the Company’s executive compensation should be held every one, two or three years. Consistent with the stockholders’ recommendation, the Board of Directors of the Company determined that it will include future advisory votes on executive compensation in the Company’s annual meeting proxy materials every year until the next advisory vote on the frequency of stockholder votes on executive compensation, which the Company expects will occur no later than the Company’s Annual Meeting of Stockholders in 2029.

 

Votes For One Year  Votes For Two Years  Votes For Three Years  Votes Abstaining  Broker Non-Votes
35,050,123  72,139  1,024,374  77,165  8,136,697

 

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:  June 5, 2023

 

  SL GREEN REALTY CORP.
   
  By: /s/ Andrew S. Levine
  Name: Andrew S. Levine
  Title: Executive Vice President, Chief Legal Officer and General Counsel