0000803649-20-000070.txt : 20200624 0000803649-20-000070.hdr.sgml : 20200624 20200624161013 ACCESSION NUMBER: 0000803649-20-000070 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20200623 ITEM INFORMATION: Submission of Matters to a Vote of Security Holders FILED AS OF DATE: 20200624 DATE AS OF CHANGE: 20200624 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Equity Commonwealth CENTRAL INDEX KEY: 0000803649 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 046558834 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09317 FILM NUMBER: 20985561 BUSINESS ADDRESS: STREET 1: TWO NORTH RIVERSIDE PLAZA STREET 2: SUITE 2100 CITY: CHICAGO STATE: IL ZIP: 60606 BUSINESS PHONE: 312.646.2800 MAIL ADDRESS: STREET 1: TWO NORTH RIVERSIDE PLAZA STREET 2: SUITE 2100 CITY: CHICAGO STATE: IL ZIP: 60606 FORMER COMPANY: FORMER CONFORMED NAME: CommonWealth REIT DATE OF NAME CHANGE: 20100702 FORMER COMPANY: FORMER CONFORMED NAME: HRPT PROPERTIES TRUST DATE OF NAME CHANGE: 19980701 FORMER COMPANY: FORMER CONFORMED NAME: HEALTH & RETIREMENT PROPERTIES TRUST DATE OF NAME CHANGE: 19940811 8-K 1 eqc-20200623.htm 8-K eqc-20200623
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 23, 2020

EQUITY COMMONWEALTH
(Exact Name of Registrant as Specified in Its Charter)

Maryland
(State or Other Jurisdiction of Incorporation)
1-931704-6558834
(Commission File Number)(IRS Employer Identification No.)
Two North Riverside Plaza, Suite 2100ChicagoIL

60606
(Address of Principal Executive Offices)(Zip Code)
(312) 646-2800
(Registrant’s Telephone Number, Including Area Code)

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:

 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 Exchange Act:
Title Of Each ClassTrading SymbolName of Each Exchange On Which Registered
Common Shares of Beneficial InterestEQCNew York Stock Exchange
6.50% Series D Cumulative Convertible Preferred Shares of Beneficial InterestEQCpDNew 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. o





Item 5.07. Submission of Matters to a Vote of Security Holders.
On June 23, 2020, Equity Commonwealth (the “Company”) held its 2020 annual meeting of shareholders (the “Annual Meeting”). At the Annual Meeting, the Company’s shareholders (i) elected 11 trustees to the Board of Trustees of the Company (the “Board”) to serve until the Company’s 2021 annual meeting of shareholders, (ii) approved, on a non-binding advisory basis, the compensation of the named executive officers, and (iii) ratified the appointment of Ernst & Young LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020. The proposals are described in the Company’s Proxy Statement. The final voting results for each proposal are set forth below.
Proposal 1: Election of Trustees
 
At the Annual Meeting, shareholders elected 11 trustees to the Board to serve until the 2021 annual meeting of shareholders and until their respective successors have been duly elected and qualified. The table below sets forth the voting results for each trustee nominee:

NomineeVotes ForVotes WithheldBroker Non-Votes
Sam Zell95,803,204  10,598,405  5,602,472  
James S. Corl103,490,042  2,911,567  5,602,472  
Martin L. Edelman103,481,011  2,920,598  5,602,472  
Edward A. Glickman106,214,785  186,824  5,602,472  
David Helfand106,216,980  184,629  5,602,472  
Peter Linneman101,062,390  5,339,219  5,602,472  
James L. Lozier, Jr.106,214,599  187,010  5,602,472  
Mary Jane Robertson106,235,731  165,878  5,602,472  
Kenneth Shea106,190,206  211,403  5,602,472  
Gerald A. Spector106,207,379  194,230  5,602,472  
James A. Star99,903,640  6,497,969  5,602,472  

Proposal 2: Advisory Vote on Executive Compensation
 
At the Annual Meeting, the Company’s shareholders voted affirmatively on a non-binding resolution to approve the compensation of the Company’s named executive officers. The table below sets forth the voting results for this proposal:

Votes ForVotes AgainstAbstentionsBroker Non-Votes
102,722,2463,597,07582,2885,602,472

Proposal 3: Ratification of the Appointment of Independent Registered Public Accounting Firm
 
At the Annual Meeting, the Company’s shareholders ratified the appointment of Ernst & Young LLP to serve as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2020. The table below sets forth the voting results for this proposal:

Votes ForVotes AgainstAbstentions
109,849,2972,065,53989,245

Regulation FD Disclosures

We use any of the following to comply with our disclosure obligations under Regulation FD: press releases, SEC filings, public conference calls, or our website. We routinely post important information on our website at www.eqcre.com, including information that may be deemed to be material. We encourage investors and others interested in the company to monitor these distribution channels for material disclosures.





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.

EQUITY COMMONWEALTH
By:/s/ Orrin S. Shifrin
Name:Orrin S. Shifrin
Title:Executive Vice President, General
Counsel and Secretary
Date: June 24, 2020



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Cover Page
Jun. 23, 2020
Document Information [Line Items]  
Entity Central Index Key 0000803649
Amendment Flag false
Document Type 8-K
Document Period End Date Jun. 23, 2020
Entity Registrant Name EQUITY COMMONWEALTH
Entity Incorporation, State or Country Code MD
Entity File Number 1-9317
Entity Tax Identification Number 04-6558834
Entity Address, Address Line One Two North Riverside Plaza, Suite 2100
Entity Address, City or Town Chicago
Entity Address, State or Province IL
Entity Address, Postal Zip Code 60606
City Area Code (312)
Local Phone Number 646-2800
Written Communications false
Soliciting Material false
Pre-commencement Tender Offer false
Pre-commencement Issuer Tender Offer false
Entity Emerging Growth Company false
Common Shares of Beneficial Interest  
Document Information [Line Items]  
Title of 12(b) Security Common Shares of Beneficial Interest
Trading Symbol EQC
Security Exchange Name NYSE
6 1/2% Series D Cumulative Convertible Preferred Shares of Beneficial Interest  
Document Information [Line Items]  
Title of 12(b) Security 6.50% Series D Cumulative Convertible Preferred Shares of Beneficial Interest
Trading Symbol EQCpD
Security Exchange Name NYSE