Independence Realty Trust, Inc. (Form: 8-K)  

 


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):   May 12, 2016

Independence Realty Trust, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Maryland 001-36041 26-4567130
_____________________
(State or other jurisdiction
_____________
(Commission
______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
Two Logan Square, 100 North 18th Street, 23rd Floor, Philadelphia, Pennsylvania   19103
_________________________________
(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   (215) 207-2100

Not Applicable
______________________________________________
Former name or former address, if changed since last report

 

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))


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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

         (e) At Independence Realty Trust, Inc.’s (“IRT”) Annual Meeting of Stockholders held on May 12, 2016, pursuant to the Notice of Annual Meeting of Stockholders and Proxy Statement (the “Proxy Statement”) dated March 31, 2016 filed March 31, 2016 with the Securities and Exchange Commission, the stockholders of IRT approved a proposal to amend and restate the IRT Long Term Incentive Plan (the “LTIP”), including increasing the number of IRT’s shares of common stock authorized for issuance under the LTIP and extending the term of the LTIP, and to terminate the IRT Independent Directors Compensation Plan (the “IDCP Termination”). The description of the terms and conditions of the LTIP and the IDCP Termination set forth in the Proxy Statement under the caption “PROPOSAL 3. APPROVAL OF THE AMENDMENT AND RESTATEMENT OF THE LTIP AND THE TERMINATION OF THE INDEPENDENT DIRECTORS PLAN” is incorporated herein by reference. Copies of the LTIP and the IDCP Termination are attached hereto as Exhibit 10.1 and Exhibit 10.2, respectively, and are incorporated herein by reference.

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

At IRT’s Annual Meeting of Stockholders held on May 12, 2016 pursuant to the Proxy Statement, the voting results were as follows:

  (a)   Proposal 1. Each of the following nominees was elected to the Board of Directors as follows:

                                                                                                                                                                                 
 
                                                                                                                                                                               
Director               Votes For               Votes Against               Votes Abstain                 Broker Non-Vote
                                                                 
Scott F. Schaeffer
                            29,862,566                                           302,070                                           83,871                                           12,170,527              
William C.
Dunkelberg
 
 
 
 
 
 
 
 
 
 
 
 
 
29,694,291
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
463,530
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
90,686
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
12,170,527
 
 
 
 
 
 
Robert F. McCadden
                            29,572,591                                           589,532                                           86,384                                           12,170,527              
Mack D. Pridgen III
                            29,858,123                                           300,206                                           90,178                                           12,170,527    
 
 
Richard H. Ross
                            29,877,784                                           278,333                                           92,390                                           12,170,527    
 
 
DeForest B. Soaries
                            29,541,412                                           617,042                                           90,053                                           12,170,527              
Sharon M. Tsao
                            29,563,278                                           606,384                                           78,845                                           12,170,527            

(b)   Proposal 2. The proposal to approve the selection of KPMG LLP as IRT’s independent registered public accounting firm for the fiscal year ending December 31, 2016 was approved as follows:

                                             
                                 
Votes for
                            41,666,331              
Votes against
                            625,478              
Votes abstain
                            127,225              
Broker non-votes
                            0              

(c)   Proposal 3. The proposal to amend and restate the LTIP and to terminate the IRT Independent Directors Compensation Plan was approved as follows:

                                             
                                 
Votes for
                            28,503,828              
Votes against
                            1,557,874              
Votes abstain
                            186,805              
Broker non-votes
                            12,170,527              

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Item 9.01
  Financial Statements and Exhibits.

(d) Exhibits.

The exhibits filed as part of this Current Report on Form 8-K are identified in the Exhibit Index immediately following the signature page of this report. Such Exhibit Index is incorporated herein by reference.

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Top of the Form

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.

         
    Independence Realty Trust, Inc.
          
May 17, 2016   By:   /s/ James J. Sebra
       
        Name: James J. Sebra
        Title: Chief Financial Officer and Treasurer


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Exhibit Index


     
Exhibit No.   Description

 
10.1
  Independence Realty Trust, Inc. (“IRT”) 2016 Long Term Incentive Plan, as amended and restated as of May 12, 2016.
10.2
  Termination of the IRT Independent Directors Compensation Plan as of May 12, 2016.