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 15, 2011
INLAND REAL ESTATE CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Maryland (State or Other Jurisdiction of Incorporation) | 001-32185 | 36-3953261 | ||
2901 Butterfield Road | ||||
(630) 218-8000 | ||||
N/A | ||||
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 5.07
Submission of Matters to a Vote of Security Holders.
On June 15, 2011, Inland Real Estate Corporation, a Maryland corporation (the “Company”), held its annual meeting of stockholders. A total of 88,710,550 shares of the Company’s common stock was outstanding and entitled to vote and the number of shares present in person or by proxy was 78,823,790 representing approximately 88.85% of the outstanding stock entitled to vote at the meeting.
The stockholders elected the seven nominees named below to serve as directors until the next annual meeting of stockholders or as otherwise provided in the Company’s governing documents. The votes cast with respect to each director were as follows:
Name | Votes For | Votes Against | Abstentions | Broker Non-Votes | |
Thomas P. D’Arcy | 62,325,912 | 3,451,701 | 243,114 | 12,803,063 | |
Daniel L. Goodwin | 64,414,659 | 1,363,624 | 242,445 | 12,803,062 | |
Joel G. Herter | 62,155,136 | 3,608,655 | 256,936 | 12,803,063 | |
Heidi N. Lawton | 64,702,060 | 1,058,658 | 260,010 | 12,803,062 | |
Thomas H. McAuley | 62,259,218 | 3,499,000 | 262,509 | 12,803,063 | |
Thomas R. McWilliams | 64,765,981 | 1,006,037 | 248,710 | 12,803,063 | |
Joel D. Simmons | 58,149,479 | 7,588,071 | 283,177 | 12,803,063 | |
The stockholders also ratified the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2011. Stockholders cast 77,277,348 votes for ratifying the appointment and 1,255,439 votes against ratifying the appointment. Stockholders abstained from casting 291,003 votes, and there were no broker non-votes, on the ratification of the appointment of KPMG LLP.
The stockholders also ratified a non-binding advisory resolution approving our executive compensation. Stockholders cast 63,985,255 votes for and 1,586,821 against the resolution. There were 448,648 abstentions and 12,803,066 Broker Non-Votes.
The results of the stockholders vote on the frequency of the advisory vote on executive compensation were as follows: 56,973,915 votes for one year, 740,538 votes for two years and 7,589,425 for three years. There were 716,800 abstentions and 12,803,112 Broker Non-Votes.
SIGNATURE
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.
INLAND REAL ESTATE CORPORATION | |||
By: | /s/ Mark E. Zalatoris | ||
Name: | Mark E. Zalatoris | ||
Title: | President and Chief Executive Officer | ||
Date: | June 20, 2011 | ||