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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): March 30, 2023
 
 
KILROY REALTY CORPORATION
KILROY REALTY, L.P.
(Exact name of registrant as specified in its charter)
 
 
 
Kilroy Realty Corporation
 
Maryland
 
001-12675
  
95-4598246
   
(State or other jurisdiction of incorporation or organization)
 
(Commission
File No.)
  
(I.R.S. Employer
Identification No.)
 
Kilroy Realty, L.P.
 
Delaware
 
000-54005
  
95-4612685
   
(State or other jurisdiction of incorporation or organization)
 
(Commission
File No.)
  
(I.R.S. Employer
Identification No.)
12200 W. Olympic Boulevard, Suite 200, Los Angeles, California, 90064
(Address of principal executive offices) (Zip Code)
(310)
481-8400
(Registrant’s telephone number, including area code)
N/A
(Former name, former address and former fiscal year, if changed since last report)
 
 
Securities registered pursuant to Section 12(b) of the Act:
 
Registrant
 
Title of each class
 
Name of each exchange
on which registered
 
Ticker
Symbol
Kilroy Realty Corporation   Common Stock, $.01 par value   New York Stock Exchange   KRC
Securities registered pursuant to Section 12(g) of the Act:
 
Registrant
 
Title of each class
Kilroy Realty, L.P.   Common Units Representing Limited Partnership Interests
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 Instructions A.2.):
 
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))
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule
12b-2
of the Securities Exchange Act of 1934 (17 CFR
§240.12b-2).
Kilroy Realty Corporation:
Emerging growth company
Kilroy Realty, L.P.:
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.
Kilroy Realty Corporation ☐ Kilroy Realty, L.P. ☐
 
 
 

ITEM 5.02
DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On March 30, 2023, John B. Kilroy, Jr., Chief Executive Officer and Chairman of the Board of Directors of Kilroy Realty Corporation (the “Company”), announced his retirement as the Company’s Chief Executive Officer effective as of December 31, 2023.
The Company’s Board of Directors intends to retain a leading executive search firm to assist in a comprehensive search for the Company’s next Chief Executive Officer, with a targeted start date of January 1, 2024.
 
ITEM 7.01
REGULATION FD DISCLOSURE
On March 30, 2023, the Company provided a press release and Mr. Kilroy provided a letter relating to the foregoing retirement announcement.
A copy of the press release is furnished as Exhibit 99.1 hereto. A copy of Mr. Kilroy’s letter is furnished as Exhibit 99.2 hereto. The information in this Item 7.01, including Exhibits 99.1 and 99.2 hereto, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not incorporated by reference into any filing of the Company or Kilroy Realty, L.P. whether made before or after the date hereof, regardless of any general incorporation language in such filing.
 
ITEM 9.01
FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits.
 
99.1*    Press Release, dated March 30, 2023, issued by Kilroy Realty Corporation.
   
99.2*    Letter from John B. Kilroy, Jr. dated March 30, 2023.
   
104    Cover Page Interactive Data File (embedded within the Inline XBRL document).
 
*
Furnished herewith.

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.
 
        Kilroy Realty Corporation
   
Date: March 30, 2023    
       
        By:  
/s/ Merryl E. Werber
            Merryl E. Werber
           
Senior Vice President,
Chief Accounting Officer and Controller
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.
 
        Kilroy Realty, L.P.
     
Date: March 30, 2023        
       
        By:  
Kilroy Realty Corporation,
Its general partner
       
        By:  
/s/ Merryl E. Werber
            Merryl E. Werber
           
Senior Vice President,
Chief Accounting Officer and Controller