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Columbia Property Trust (CXP)

Employees
Data from SEC filings
Employee count
CEO pay ratio
CEO Salary
Median Employee Salary
Shareholder alignment
Vote support at last AGM



On December 2, 2021, Columbia Property Trust, Inc. (the “Company”) held a special meeting of stockholders (the “Special Meeting”) in order to vote upon the following proposals relating to the proposed transaction between the Company and affiliates of funds managed by Pacific Investment Management Company LLC (“PIMCO”):




1.To approve the merger (the “merger”) of Panther Merger Parent, Inc. (“Parent”) with and into the Company pursuant to the Agreement and Plan of Merger, dated as of September 7, 2021 and as it may be amended from time to time, among the Company, Columbia Property Trust Operating Partnership, L.P., Parent and Panther Merger Sub, LLC.




2.To approve, on a non-binding, advisory basis, the compensation that may be paid or become payable to the Company’s named executive officers that is based on or otherwise relates to the merger; and




3.To approve any adjournment of the special meeting for the purpose of soliciting additional proxies if there are not sufficient votes at the special meeting to approve the merger.




The final voting results for each of the proposals are set forth below.




1.The Company’s stockholders approved the merger. Voting results were as follows:




ForAgainstAbstainBroker Non-Votes
74,539,314 438,957 200,644 0





2.The Company’s stockholders approved the proposal to approve certain compensation arrangements. Voting results were as follows:




ForAgainstAbstainBroker Non-Votes
68,630,199 5,929,630 619,086 0





3.Because there were sufficient votes at the Special Meeting to approve the proposal regarding the merger and the proposal to approve certain compensation arrangements, the third proposal was not submitted to the Company’s stockholders for approval at the Special Meeting.