Current Report Filing (8-k)
June 12 2023 - 2:18PM
Edgar (US Regulatory)
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0000036840
2023-06-08
2023-06-08
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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 8, 2023
FIRST REAL
ESTATE INVESTMENT TRUST OF NEW JERSEY, INC.
(Exact name of registrant as specified
in charter)
Maryland |
000-25043 |
22-1697095 |
(State or other jurisdiction of incorporation) |
(Commission
File Number) |
(IRS Employer
Identification No.) |
505 Main Street,
Suite 400, Hackensack, New Jersey |
07601 |
(Address of principal executive offices) |
(Zip Code) |
Registrant’s telephone number, including
area code: (201) 488-6400
(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. below):
☐ |
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 Act:
Title of each class |
Trading
Symbol(s) |
Name of each exchange on which registered |
Common Stock, par value $0.01 per share |
FREVS |
OTC Pink Market |
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. ☐
Section 5 – Corporate Governance and Management
Item 5.07 Submission of Matters to a Vote of Security Holders
The annual meeting of stockholders (the “Annual Meeting”) of
First Real Estate Investment Trust of New Jersey, Inc. (the “Trust”) was held on June 8, 2023. The following matters were
submitted to the stockholders of the Trust at the Annual Meeting for their approval:
Election of Directors:
The stockholders of the Trust elected Robert S. Hekemian, Jr. and David
F. McBride to serve as Directors of the Trust for three-year terms, with the following votes:
Name |
Votes
For |
Votes
Withheld |
Abstentions |
Broker
Non-Votes |
Robert
S. Hekemian, Jr. |
4,518,004 |
590,679 |
-- |
1,476,070 |
David
F. McBride |
4,510,349 |
598,334 |
-- |
1,476,070 |
Advisory resolution to approve the compensation of the Trust’s
executive officers:
The stockholders of the Trust voted to approve an advisory resolution approving
the compensation of the Trust’s executive officers as disclosed in the Trust’s proxy statement for the Annual Meeting pursuant
to the requirements of Section 14A of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and the rules
promulgated thereunder. Balloting for this vote was as follows:
Votes
For |
Votes
Against |
Abstentions |
Broker
Non-Votes |
3,811,721 |
716,044 |
580,918 |
1,476,070 |
Advisory resolution to determine the frequency of the advisory resolution
to approve the compensation of the Trust’s executive officers:
The stockholders of the Trust voted upon an advisory resolution to determine
whether the aforementioned advisory vote to approve the compensation of the Trust’s executive officers will occur every year, every
two years, or every three years pursuant to the requirements of Section 14A of the Exchange Act and the rules promulgated thereunder.
The stockholders voted for the approval of a three-year interval. Balloting for this vote was as follows:
One
Year |
Two
Years |
Three
Years |
Abstentions |
Broker
Non-Votes |
2,002,726 |
238,625 |
2,834,985 |
32,347 |
1,476,070 |
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, 2023 was approved by the stockholders
of the Trust, with the following votes:
Votes
For |
Votes
Against |
Abstentions |
Broker
Non-Votes |
5,996,606 |
392,211 |
195,936 |
0 |
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, INC. |
|
(Registrant) |
|
|
|
|
|
By: |
/s/
Robert S. Hekemian, Jr. |
|
|
Robert S. Hekemian, Jr. |
|
|
President and Chief Executive Officer |
Date: June 12, 2023
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