0001157523-15-001135.txt : 20150410 0001157523-15-001135.hdr.sgml : 20150410 20150410163031 ACCESSION NUMBER: 0001157523-15-001135 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20150225 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20150410 DATE AS OF CHANGE: 20150410 FILER: COMPANY DATA: COMPANY CONFORMED NAME: AMERICAN SPECTRUM REALTY INC CENTRAL INDEX KEY: 0001121783 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] IRS NUMBER: 522258674 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16785 FILM NUMBER: 15764740 BUSINESS ADDRESS: STREET 1: 2401 FOUNTAIN VIEW STREET 2: SUITE 750 CITY: HOUSTON STATE: TX ZIP: 77057 BUSINESS PHONE: 713-706-6200 MAIL ADDRESS: STREET 1: 2401 FOUNTAIN VIEW STREET 2: SUITE 750 CITY: HOUSTON STATE: TX ZIP: 77057 8-K 1 a51077139.htm AMERICAN SPECTRUM REALTY, INC. 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

February 25, 2015
Date of Report
(Date of earliest event reported)

American Spectrum Realty, Inc.

 

(Exact name of registrant as specified in its charter)


Maryland

001-16785

52-2258674

(State or Other
Jurisdiction of
incorporation)

(Commission
File Number)

(I.R.S. Employer
Identification
No.)


2401 Fountain View, Suite 750, Houston, Texas 77057

(Address of principal executive offices)      (Zip Code)

(713) 706-6200

(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 (see General Instructions A.2. below):

⃞ 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))

Item 5.02.   Departure of directors or certain officers; Election of directors; Appointment of certain officers; Compensatory arrangements of certain officers.

Effective February 25, 2015, Quentin Thompson, the Chief Financial Officer of American Spectrum Realty, Inc. (the “Company”) resigned from his position at the Company.   The Company did not meet the required financial obligations pursuant to an agreement with Mr. Thompson, relating to his employment with the Company.  Mr. Thompson and the Company are currently discussing a mutually agreeable resolution involving his departure from the Company.

Mr. Quincy Wocker, Vice President of Finance and IT, assumed the financial and reporting duties formerly overseen by Mr. Thompson.  Mr. Wocker has been with American Spectrum since 2012.  Prior to that, he was employed by PAN Group Properties.  Mr. Wocker has a bachelor’s degree in Business Administration, specializing in computer system technology and accounting.  Focused primarily in real estate management IT and accounting, Mr. Wocker's career includes significant experience with: (1) accounting systems; (2)  financial, operating and capital budgets; and (3) financial reporting.  Commensurate with his added responsibilities, Mr. Wocker's annual compensation was increased to $95,000.

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.

AMERICAN SPECTRUM REALTY, INC.

 

 

 

 

By:

 

/s/ William J. Carden

 

William J. Carden

 

Chairman of the Board, President

and Chief Executive Officer

 

Date:

April 10, 2015