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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): June 9, 2022

 

 

 

BROADMARK REALTY CAPITAL INC.

(Exact name of registrant as specified in its charter)

 

 Maryland

 001-39134

 84-2620891

(State or other jurisdiction of

incorporation)

 (Commission File Number) (IRS Employer Identification No.)

 

1420 Fifth Avenue, Suite 2000

Seattle, WA 98101

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (206) 971-0800

 

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))

 

Securities registered pursuant to Section 12(b) of the Securities Act of 1933, as amended:

 

Title of each class     Trading Symbols     Name of each exchange on which registered
Common stock, par value $0.001 per share     BRMK     New York Stock Exchange
Warrants, each exercisable for one fourth (1/4th) share of Common Stock at an exercise price of $2.875 per one fourth (1/4th) share     BRMK WS     NYSE American LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933, as amended, or Rule 12b-2 of the Securities Exchange Act of 1934, as amended.

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 of 1934, as amended. ¨

 

 

 

 

 

 

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

 

On June 9, 2022, Broadmark Realty Capital Inc. (the “Company”) held its 2022 annual meeting of stockholders (the “Annual Meeting”). At the Annual Meeting, the Company’s stockholders voted on the three proposals described below. The proposals presented at the Annual Meeting are described in detail in the Company’s Proxy Statement, filed with the Securities and Exchange Commission on April 28, 2022.

 

As of April 13, 2022, the record date for the Annual Meeting, there were a total of 132,793,442 shares of the Company’s common stock issued and outstanding and entitled to vote on each matter presented for a vote at the Annual Meeting. The final results for each of the matters submitted to a vote of the stockholders at the Annual Meeting are as follows:

 

Proposal 1: Election of Directors.

 

Nominee 

Votes

For

   Votes
Against		   Abstentions   Broker
 Non-Votes		 
Brian P. Ward   65,704,882    786,714    218,461    30,958,582 
Jeffrey B. Pyatt   65,412,615    1,110,270    187,172    30,958,582 
Stephen G. Haggerty   65,568,220    926,130    215,707    30,958,582 
Daniel J. Hirsch   64,887,376    1,611,110    211,571    30,958,582 
David A. Karp   65,595,387    905,834    208,836    30,958,582 
Norma J. Lawrence   65,100,623    1,420,335    189,099    30,958,582 
Kevin M. Luebbers   65,040,070    1,433,708    236,279    30,958,582 
Pinkie D. Mayfield   64,274,374    877,262    1,558,421    30,958,582 

 

Proposal 2: Ratification of the appointment of Moss Adams LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2022.

 

Votes

For

   Votes Against   Abstentions   Broker Non-Votes 
 95,059,554    1,733,212    875,873    0 

 

Proposal 3: Advisory vote on the Company’s executive compensation.

 

Votes

For

   Votes Against   Abstentions   Broker Non-Votes 
 60,656,739    2,812,320    3,240,998    30,958,582 

 

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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.

 

  BROADMARK REALTY CAPITAL INC.
   
  By: /s/ Nevin Boparai
    Name: Nevin Boparai
    Title: Executive Vice President and Chief Legal Officer
     

Date: June 10, 2022

 

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