Maryland | 1-10093 | 13-6908486 | ||
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
31500 Northwestern Highway, Suite 300, Farmington Hills, Michigan | 48334 | |||
(Address of principal executive offices) | (Zip Code) |
Nominees | Votes For | Votes Withheld | Broker Non-Votes | ||||||
Stephen R. Blank | 52,442,843 | 2,015,895 | 4,258,182 | ||||||
Dennis Gershenson | 54,229,562 | 229,176 | 4,258,182 | ||||||
Arthur Goldberg | 54,182,232 | 276,506 | 4,258,182 | ||||||
David J. Nettina | 54,308,429 | 150,309 | 4,258,182 | ||||||
Matthew L. Ostrower | 54,259,702 | 199,036 | 4,258,182 | ||||||
Joel M. Pashcow | 54,141,717 | 317,021 | 4,258,182 | ||||||
Mark K. Rosenfeld | 54,191,339 | 267,399 | 4,258,182 | ||||||
Michael A. Ward | 54,216,283 | 242,455 | 4,258,182 |
Votes For | Votes Against | Abstentions | |||||
58,587,091 | 106,676 | 23,153 |
Votes For | Votes Against | Abstentions | Broker Non-Votes | |||||||
52,922,627 | 1,501,552 | 34,559 | 4,258,182 |
RAMCO-GERSHENSON PROPERTIES TRUST | |||
Date: | May 8, 2014 | By: | /s/ GREGORY R. ANDREWS |
Gregory R. Andrews | |||
Chief Financial Officer and Secretary |
SUMMARY OF COMPENSATION FOR | ||||
THE BOARD OF TRUSTEES OF | ||||
RAMCO-GERSHENSON PROPERTIES TRUST | ||||
The following table sets forth the compensation program for non-employee Trustees: | ||||
Annual cash retainer (1) | $ | 30,000 | ||
Additional cash retainer: | ||||
Chairman | 100,000 | |||
Audit Committee chair | 15,000 | |||
Compensation Committee chair | 10,000 | |||
Nominating and Governance Committee chair | 10,000 | |||
Executive Committee chair | 5,000 | |||
Executive Committee members | — | |||
Annual equity retainer (value of restricted shares) (2) | 75,000 | |||
(1) | The annual cash retainer is equal to $105,000 less the grant date fair value, which approximates $75,000, of the restricted shares granted in the applicable year. |
(2) | Grants are made under the Trust's 2012 LTIP. The restricted shares vest over one year. The grant is made on July 1st or, if not a business day, the business day prior to July 1st. |