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): December
14, 2012
AMERICAN CAMPUS
COMMUNITIES, INC.
(Exact name
of Registrant as specified in its Charter)
Maryland |
001-32265 |
76-0753089 |
(State or other jurisdiction of incorporation or organization) |
(Commission file number) |
(I.R.S. Employer Identification Number) |
12700 Hill Country Boulevard, Suite T-200 Austin, TX 78738
(Address
of principal executive offices) (Zip Code)
Registrant’s
telephone number, including area code: (512) 732-1000
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))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective December 14, 2012, Oliver Luck was appointed to the Board of Directors of American Campus Communities, Inc. (the "Company"). A copy of the press release issued in connection with the appointment of Mr. Luck is attached hereto as Exhibit 99.1.
Mr. Luck will serve as an independent director and has not been
appointed to any Board committees at this time. In connection with his
appointment to the Board of Directors, Mr. Luck received an initial
grant of restricted stock units with a fair market value on the date of
grant of $71,500. This grant immediately vested and was settled in
shares of common stock. In connection with his service on the Board,
Mr. Luck will receive annual cash compensation and equity grants
pursuant to the Company's director compensation policy.
Item
9.01. Financial Statements and Exhibits.
(c) Exhibits.
Exhibit Number |
Title |
|
99.1 |
Press release, dated December 14, 2012 |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the registrant has duly caused this report to be signed on its
behalf by the undersigned hereunto duly authorized.
Date: |
December 19, 2012 |
AMERICAN CAMPUS COMMUNITIES, INC. |
||
|
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|
|
By: |
/s/ Jonathan A. Graf |
|
Jonathan A. Graf |
||||
Executive Vice President, Chief Financial Officer, |
||||
Secretary and Treasurer |
EXHIBIT INDEX
Exhibit Number |
Title |
|
99.1 |
Press release, dated December 14, 2012 |
Exhibit 99.1
American Campus Communities Appoints Oliver Luck to Board of Directors
AUSTIN, Texas--(BUSINESS WIRE)--December 14, 2012--American Campus Communities, Inc. (NYSE:ACC), the largest owner, manager and developer of high-quality student housing properties in the U.S., today announced the appointment of Oliver Luck to the company’s board of directors, effective immediately. Luck will serve as an independent director of the company.
Luck is currently the Athletic Director of West Virginia University, a position he has held since 2010. From 2006 to 2010, Luck was the president/general manager of the Houston Dynamo of Major League Soccer. From 2001 to 2005, Luck served as the chief executive officer of the Harris County-Houston Sports Authority, where he oversaw the financing, development, construction and management of professional sports and entertainment infrastructure in Houston, including Minute Maid Park, Reliant Stadium and Toyota Center. Luck worked for the National Football League from 1990 to 2001, where he served in a variety of positions, including vice president of business development and president and chief executive officer of NFL Europe. Luck played quarterback for the Houston Oilers from 1982 to 1986. He is currently a member of the National Football League Player Safety Advisory Panel and has served in various capacities in a number of university and community associations. During his collegiate career, he was a Rhodes Scholar finalist, a National Football Foundation Scholar and a two-time Academic All-American who received a B.A. degree from West Virginia University and a J.D. degree from University of Texas School of Law.
"We are pleased to have Oliver join our board of directors," said R.D. Burck, American Campus chairman of the board. "Oliver has a wealth of knowledge and business experience, which should further bolster our board's guidance and council."
CEO Bill Bayless commented, "Oliver’s dynamic career and drive coupled with his current position of managing an enterprise within higher education brings a unique perspective to American Campus. We are excited Oliver is joining our team and look forward to working with him."
About American Campus Communities
American Campus Communities, Inc. is the largest developer, owner and manager of high-quality student housing communities in the United States. The company is a fully integrated, self-managed and self-administered equity real estate investment trust (REIT) with expertise in the design, finance, development, construction management, and operational management of student housing properties. American Campus Communities owns 160 student housing properties containing approximately 98,800 beds. Including its owned and third-party managed properties, ACC’s total managed portfolio consists of 187 properties with approximately 121,300 beds. Visit www.americancampus.com or www.studenthousing.com.
Forward-Looking Statements
In addition to historical information, this press release contains forward-looking statements under the federal securities law. These statements are based on current expectations, estimates and projections about the industry and markets in which American Campus Communities operates, management's beliefs, and assumptions made by management. Forward-looking statements are not guarantees of future performance and involve certain risks and uncertainties, which are difficult to predict.
CONTACT:
American Campus Communities, Inc., Austin
Gina Cowart,
512-732-1000
Investor Relations