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 24, 2020

 

POWER REIT

(Exact name of registrant as specified in its charter)

 

Maryland

(State or other jurisdiction of incorporation)

 

001-36312

(Commission File Number)

 

45-3116572

(IRS Employer Identification No.)

 

301 Winding Road

Old Bethpage, NY 11804

(Address of principal executive offices and Zip Code)

 

Registrant’s telephone number, including area code: (212) 750-0371

 

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:

 

Title of each class   Trading symbol   Name of each exchange on which
registered
Common Stock   PW   New York Stock Exchange

 

Indicate by check mark whether the registrant is an emerging growth company 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. [  ]

 

 

 

 
 

 

SECTION 5: CORPORATE GOVERNANCE AND MANAGEMENT

 

Item 5.07 Submission of Matters to a Vote of Shareholders

 

Power REIT’s (the “Trust”) 2020 Annual Meeting of shareholders was held on June 24, 2020. For more information on the following proposals, see the company’s proxy statement dated May 29, 2020, the relevant portions of which are incorporated herein by reference.

 

Below are the final voting results.

 

1) Shareholders elected each of the four nominees to the Board of Trustees for a one-year term:

 

    For   Withheld
David H. Lesser   780,683   12,628
Virgil E. Wenger   782,740   10,571
Patrick R. Haynes, III   610,595   182,716
William S. Susman   610,918   182,393

 

2) Shareholders ratified MaloneBailey LLP as the Trust’s independent audit firm for 2020.

 

For   Against   Abstain
1,509,976   5,441   2,666

 

3) Shareholders approved the 2020 Equity Incentive Plan.

 

For   Against   Abstain
586,585   189,637   17,089

 

 
 

 

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 24, 2020

 

Power REIT

 

By /s/ David H. Lesser  
  David H. Lesser  
  Chairman, CEO, Secretary, & Treasurer  

 

 

Power REIT (AMEX:PW)
Historical Stock Chart
From Oct 2020 to Nov 2020 Click Here for more Power REIT Charts.
Power REIT (AMEX:PW)
Historical Stock Chart
From Nov 2019 to Nov 2020 Click Here for more Power REIT Charts.