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

Date of Report (Date of earliest event reported): March 25, 2019

LEXINGTON REALTY TRUST
(Exact name of registrant as specified in its charter)
Maryland	1-12386	13-3717318
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)
One Penn Plaza, Suite 4015, New York, New York		10119-4015
(Address of principal executive offices)		(Zip Code)
	(212) 692-7200
(Registrant's telephone number, including area code)

(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 (see General Instruction A.2.):

¨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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

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. ¨

Item 5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 25, 2019, Lexington Realty Trust, or the Trust, announced that its Board of Trustees, following discussion with the Board’s Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee, made the following appointments effective immediately: (1) Patrick Carroll, the Trust’s Executive Vice President, Chief Financial Officer and Treasurer, was appointed Chief Risk Officer of the Trust and will continue as an Executive Vice President, (2) Beth Boulerice, the Trust’s Executive Vice President and Chief Accounting Officer, was appointed Chief Financial Officer and Treasurer of the Trust and will continue as an Executive Vice President of the Trust, and (3) Mark Cherone was appointed Chief Accounting Officer of the Trust. Prior to joining Lexington, Mr. Cherone, age 37, was Corporate Controller for Brandywine Realty Trust since 2012.

Effective as of such appointments, (1) Mr. Carroll’s annual base salary was reduced from $425,000 to $325,000, and (2) Ms. Boulerice’s annual base salary was increased to $365,000. Mr. Carroll and Ms. Boulerice will continue to participate in the Trust’s Executive Severance Plan.

Mr. Cherone has no family relationships with any trustee, director, executive officer or person nominated or chosen to become a trustee, director or executive officer of the Trust or the Partnership. Mr. Cherone is not a party to any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K

A copy of the Trust’s press release, dated March 25, 2019, relating to these events is being furnished as Exhibit 99.1 to this Current Report on Form 8-K. Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities under that Section and shall not be deemed to be incorporated by reference into any filing of the Trust under the Securities Act of 1933, as amended, or the Exchange Act.

Item 9.01.    Financial Statements and Exhibits.

(d)	Exhibits
99.1	Press release, issued March 25, 2019.

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.

	Lexington Realty Trust
Date: March 27, 2019	By:	/s/ Joseph S. Bonventre
		Joseph S. Bonventre
		Secretary

EX-99.1

Exhibit 99.1

LEXINGTON REALTY TRUST

TRADED: NYSE: LXP

ONE PENN PLAZA, SUITE 4015

NEW YORK, NY 10119-4015

Contact:

Investor or Media Inquiries for Lexington Realty Trust:

Heather Gentry, Senior Vice President of Investor Relations

Lexington Realty Trust

Phone: (212) 692-7200 E-mail: hgentry@lxp.com

FOR IMMEDIATE RELEASE

March 25, 2019

LEXINGTON REALTY TRUST APPOINTS PATRICK CARROLL AS CHIEF RISK OFFICER AND BETH BOULERICE AS CHIEF FINANCIAL OFFICER

New York, NY - March 25, 2019 - Lexington Realty Trust (NYSE:LXP) (“Lexington”), a real estate investment trust (REIT) focused on single-tenant industrial real estate investments, today announced that Executive Vice President Patrick Carroll has been appointed as Lexington’s Chief Risk Officer. Mr. Carroll previously served as Lexington’s Chief Financial Officer since 1998 and Treasurer since 1999.

Lexington also announced that Executive Vice President Beth Boulerice has been appointed as Lexington’s Chief Financial Officer (principal financial officer) and Treasurer. Ms. Boulerice previously served as Lexington’s Chief Accounting Officer. Prior to joining Lexington in 2007, Ms. Boulerice was the Chief Accounting Officer at Newkirk Realty Trust and held various accounting roles at First Winthrop Corporation.

Additionally, Lexington welcomed Mark Cherone, who has been appointed Lexington’s Chief Accounting Officer (principal accounting officer). Prior to joining Lexington in March 2019, Mr. Cherone had been Corporate Controller for Brandywine Realty Trust since 2012.

T. Wilson Eglin, Chief Executive Officer and President of Lexington Realty Trust, commented “As CFO for over 20 years, Pat has demonstrated remarkable and thoughtful leadership in guiding Lexington through many cycles of the financial markets and the public accounting environment. The announcement today is the culmination of a process that began over a year ago. Pat, who will now focus on organization-wide risk-management, was integral in Beth’s shift to our Chief Financial Officer role. Beth’s expertise and institutional knowledge ensures that the transition will be a smooth one. We wish Pat, Beth, and Mark great success in their new roles.”

ABOUT LEXINGTON REALTY TRUST

Lexington Realty Trust (NYSE: LXP) is a publicly traded real estate investment trust (REIT) that owns a diversified portfolio of real estate assets consisting primarily of equity investments in single-tenant net-leased commercial properties across the United States. Lexington seeks to expand its industrial portfolio through build-to-suit transactions, sale-leaseback transactions and acquisitions. For more information or to follow Lexington on social media, visit www.lxp.com.

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