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): April 30, 2015

 


 

Sunstone Hotel Investors, Inc.

(Exact Name of Registrant as Specified in Its Charter)

 


 

Maryland

 

001-32319

 

20-1296886

(State or Other Jurisdiction of
Incorporation or Organization)

 

(Commission File Number)

 

(I.R.S. Employer
Identification Number)

 

120 Vantis, Suite 350
Aliso Viejo, California

 

 

 


92656

(Address of Principal Executive Offices)

 

 

 

(Zip Code)

 

(949) 330-4000

(Registrant’s telephone number including area code)

 

N/A

(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:

 

o                  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

o                  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

o                  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

o                  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 



 

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

 

Changes to Committee Membership

 

On May 1, 2015, the Board of Directors (the “Board”) of Sunstone Hotel Investors, Inc. (the “Company”) appointed Douglas M. Pasquale to succeed Keith M. Locker as Non-Executive Chairman of the Board, approved certain changes to the membership composition of the Audit Committee, Compensation Committee and Nominating and Corporate Governance Committee (the “Nominating Committee”), and elected to discontinue the Investment and Finance Committee.  Specifically, Mr. Locker will join the Audit Committee, Andrew Batinovich will join and serve as Chair of the Compensation Committee, Thomas A. Lewis, Jr. will join the Nominating Committee, and Lewis N. Wolff will no longer serve as a member of the Nominating Committee.

 

The table below summarizes the membership information for each of the committees of the Company’s Board of Directors, effective May 1, 2015:

 

 

 

Audit

 

Compensation

 

Nominating

Andrew Batinovich

 

X  

 

X*

 

 

Z. Jamie Behar

 

X  

 

 

 

X*

Thomas A. Lewis, Jr.

 

 

 

X  

 

X  

Keith M. Locker

 

X  

 

 

 

 

Douglas M. Pasquale

 

 

 

X  

 

X  

Keith P. Russell

 

X*

 

 

 

X  

Lewis N. Wolff

 

 

 

X  

 

 

 


*Chair

 

Item 5.07             Submission of Matters to a Vote of Security Holders

 

On April 30, 2015, the Company held its Annual Meeting of Stockholders. The matters on which the stockholders voted, in person or by proxy, and the results of such voting, were as follows:

 

1)             Nomination and election of directors to serve until the next annual meeting and until their successors are elected and qualified:

 

Nominee

 

Votes For

 

Votes Withheld

 

Abstentions

 

Broker Non-Votes

 

John V. Arabia

 

194,389,269

 

92,195

 

0

 

2,699,278

 

Andrew Batinovich

 

194,388,813

 

92,651

 

0

 

2,699,278

 

Z. Jamie Behar

 

194,092,473

 

388,991

 

0

 

2,699,278

 

Thomas A. Lewis, Jr.

 

194,388,297

 

93,167

 

0

 

2,699,278

 

Keith M. Locker

 

194,389,166

 

92,298

 

0

 

2,699,278

 

Douglas M. Pasquale

 

171,361,816

 

23,119,648

 

0

 

2,699,278

 

Keith P. Russell

 

194,389,269

 

92,195

 

0

 

2,699,278

 

Lewis N. Wolff

 

109,629,573

 

84,851,891

 

0

 

2,699,278

 

 

2)             Ratification of the appointment of Ernst & Young LLP to act as the Company’s independent registered public accounting firm for the fiscal year ending December 31, 2015:

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

 

196,114,471

 

1,042,339

 

23,932

 

0

 

 

3)             Advisory resolution to approve the compensation of the Company’s named executive officers.

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

 

185,114,946

 

2,644,916

 

6,721,602

 

2,699,278

 

 

 

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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 thereunto duly authorized.

 

 

Sunstone Hotel Investors, Inc.

 

 

Date: May 6, 2015

By:

/s/ Bryan A. Giglia

 

 

Bryan A. Giglia

 

 

(Principal Financial Officer and Duly Authorized Officer)

 

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