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LSI Life Storage

Filed: 1 Jun 21, 4:33pm
 
 
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
May 27, 2021
Date of Report (Date of Earliest Event Reported)
 
 
LIFE STORAGE, INC.
LIFE STORAGE LP
(Exact Name of Registrant as Specified in Its Charter)
 
 
 
Maryland
 
1-13820
 
16-1194043
(Life Storage, Inc.)
    
   
Delaware
(Life Storage LP)
 
0-24071
 
16-1481551
(State or Other Jurisdiction
Of Incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification Number)
6467 Main Street
Williamsville, New York 14221
(Address of Principal Executive Offices)
(716)
633-1850
(Registrants’ 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 registrants under any of the following provisions (
see
General Instruction A.2. below): 
 
 
Written Communication 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:
Life Storage, Inc.:
 
Title of each class
  
Trading
Symbol(s)
  
Name of each exchange
on which registered
Common Stock, $.01 par value
  
LSI
  
New York Stock Exchange
Life Storage LP:
 
Title of each class
  
Trading
Symbol(s)
  
Name of each exchange
on which registered
       
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).
Life Storage, Inc.:
Emerging growth company  ☐
Life Storage LP:
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.
Life Storage, Inc.  ☐
Life Storage LP  ☐
 
 
 

Item 5.07.
Submission of Matters to a Vote of Security Holders.
The 2021 Annual Meeting of Shareholders of Life Storage, Inc. (the “Company”) was held on May 27, 2021. Proxies were solicited pursuant to the Company’s proxy statement filed on April 15, 2021 with the Securities and Exchange Commission under Section 14(a) of the Securities Exchange Act of 1934. There was no solicitation in opposition to the Company’s solicitation. As of the record date of March 30, 2021, there were 76,423,796 shares of the Company’s common stock issued and outstanding. 71,525,755 shares were represented in person or by proxy at the meeting, or 93.59% of the total shares issued and outstanding. Set forth below is a brief description of each matter voted on at the meeting and the final voting results.
P
roposal 1.
The election of eight directors of the Company to hold office until the next Annual Meeting of Shareholders and until their successors are elected and qualified. In accordance with the results below, each nominee as listed in the proxy statement was elected to serve as a director.
 
   
Votes For
   
Votes
Withheld
   
Broker
Non-Votes
 
Mark G. Barberio
   67,212,535    1,136,018    3,177,202 
Joseph V. Saffire
   67,962,156    386,397    3,177,202 
Stephen R. Rusmisel
   66,514,797    1,833,756    3,177,202 
Arthur L. Havener, Jr.
   66,975,043    1,373,510    3,177,202 
Dana Hamilton
   67,352,079    996,474    3,177,202 
Edward J. Pettinella
   64,362,613    3,985,940    3,177,202 
David L. Rogers
   67,947,744    400,809    3,177,202 
Susan Harnett
   67,816,672    531,881    3,177,202 
Proposal 2.
The ratification of the appointment by the Board of Directors of Ernst & Young LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2021. In accordance with the results below, the appointment of Ernst & Young LLP was ratified and approved.
 
Votes For
  
Votes Against
   
Abstentions
   
Broker Non-

Votes
 
68,330,617
   3,135,531    59,607    0 
Proposal 3.
Proposal to amend the Company’s charter to increase the authorized common shares from 100,000,000 to 200,000,000. In accordance with the results below, the charter amendment was approved.
 
Votes For
  
Votes Against
   
Abstentions
   
Broker Non-

Votes
 
69,331,148
   2,044,724    149,883    0 
The amendment to the charter of the Company is filed as Exhibit 3.1 to this Form
8-K.

Proposal 4.
Proposal to approve (on a
non-binding
basis) the compensation of the Company’s executive officers.
In accordance with the results below, the compensation was approved (on a
non-binding
basis).
 
Votes For
  
Votes Against
  
Abstentions
  
Broker Non
-Votes
64,252,460
  3,949,343  146,750  3,177,202
 
Item 9.01.
Financial Statements and Exhibits.
 
 (d)
The following exhibits are filed herewith:
 
Exhibit
No.
  
Description
  
3.1  Articles of Amendment.
  
104  
CoverPage Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).

SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrants have duly caused this Report to be signed on their behalf by the undersigned, thereunto duly authorized.
 
    
LIFE STORAGE, INC.
Date: June 1, 2021    
    
    By /s/Andrew J. Gregoire
      Name: Andrew J. Gregoire
Title:   Chief Financial Officer
 
    
LIFE STORAGE LP
   
Date: June 1, 2021   
By: LIFE STORAGE HOLDINGS, INC., as General Partner
    
    By /s/Andrew J. Gregoire
      Name: Andrew J. Gregoire
Title:   Chief Financial Officer