UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
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Securities Exchange Act of 1934
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Emerging growth company
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2
Section 5 – Corporate Governance and Management
Item 5.07 Submission of Matters to a Vote of Security Holders
The annual meeting of shareholders (the “Annual Meeting”) of First Real Estate Investment Trust of New Jersey (the “Trust”) was held on May 6, 2021. The following matters were submitted to the shareholders of the Trust at the Annual Meeting for their approval:
Approval of Reincorporation:
The proposal to approve the reincorporation of the Trust as a Maryland corporation by the merger of the Trust into a newly-formed wholly-owned subsidiary incorporated in Maryland, was approved by the shareholders of the Trust, with the following votes:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 3,856,408 | 500,478 | 57,684 | 1,375,363 |
Election of Trustees:
The shareholders of the Trust elected David B. Hekemian, Richard J. Aslanian and John A. Aiello to serve Trustees of the Trust for three-year terms, with the following votes:
| Name | Votes For | Votes Withheld | Abstentions | Broker Non-Votes |
| David B. Hekemian | 4,069,521 | 345,049 | -- | 1,375,363 |
| Richard J. Aslanian | 4,070,021 | 344,549 | -- | 1,375,363 |
| John A. Aiello | 4,075,501 | 339,069 | -- | 1,375,363 |
Ratification of Independent Registered Public Accountants:
The ratification of the Audit Committee’s appointment of EisnerAmper LLP as the Trust’s independent registered public accountants for the fiscal year ending October 31, 2021 was approved by the shareholders of the Trust, with the following votes:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 5,771,681 | 11,067 | 7,185 | 0 |
Approval of Adjournment:
The proposal to adjourn the Annual Meeting, if necessary, to solicit additional votes to approve the reincorporation of the Trust as a Maryland corporation by the merger of Trust into a newly-formed wholly-owned subsidiary incorporated in Maryland, was approved by the shareholders of the Trust, with the following votes:
| Votes For | Votes Against | Abstentions | Broker Non-Votes |
| 3,918,760 | 475,590 | 20,220 | 1,375,363 |
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.
| FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY | ||
| (Registrant) | ||
| By: | /s/ Robert S. Hekemian, Jr. | |
| Robert S. Hekemian, Jr. | ||
| President and Chief Executive Officer | ||
Date: May 7, 2021
Cover |
May 06, 2021 |
|---|---|
| Cover [Abstract] | |
| Document Type | 8-K |
| Amendment Flag | false |
| Document Period End Date | May 06, 2021 |
| Entity File Number | 000-25043 |
| Entity Registrant Name | FIRST REAL ESTATE INVESTMENT TRUST OF NEW JERSEY |
| Entity Central Index Key | 0000036840 |
| Entity Tax Identification Number | 22-1697095 |
| Entity Incorporation, State or Country Code | NJ |
| Entity Address, Address Line One | 505 Main Street |
| Entity Address, City or Town | Hackensack |
| Entity Address, State or Province | NJ |
| Entity Address, Postal Zip Code | 07601 |
| City Area Code | (201) |
| Local Phone Number | 488-6400 |
| Written Communications | false |
| Soliciting Material | true |
| Pre-commencement Tender Offer | false |
| Pre-commencement Issuer Tender Offer | false |
| Title of 12(b) Security | Shares of beneficial interest, without par value |
| Trading Symbol | FREVS |
| Security Exchange Name | NONE |
| Entity Emerging Growth Company | false |