Attached files

file filename
EX-3.2 - EX-3.2 - CubeSmarta17-14643_1ex3d2.htm
EX-3.1 - EX-3.1 - CubeSmarta17-14643_1ex3d1.htm

 

 

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): May 31, 2017

 

CUBESMART

CUBESMART, L.P.

(Exact Name of Registrant as Specified in Charter)

 

Maryland
(CubeSmart)

 

001-32324

 

20-1024732

Delaware
(CubeSmart, L.P.)

 

000-54462

 

34-1837021

(State or Other Jurisdiction of
Incorporation)

 

(Commission File Number)

 

(IRS Employer Identification
Number)

 

5 Old Lancaster Road, Malvern, Pennsylvania 19355

(Address of Principal Executive Offices)

 

(610) 535-5700

(Registrant’s telephone number, including area code)

 

Not Applicable

(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):

 

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))

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 under the Securities Act (17 CFR 230.405) or Rule 12b-2 under the Exchange Act (17 CFR 240.12b-2).

 

Emerging growth company (CubeSmart) o

 

Emerging growth company (CubeSmart, L.P.) o

 

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.

 

CubeSmart o

 

CubeSmart, L.P. o

 

 

 



 

Item 5.03              Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year.

 

On May 31, 2017, the shareholders of CubeSmart (the “Company”) approved an amendment of Article X, Section 10.4 of the Company’s Declaration of Trust to grant shareholders the right alter, amend or repeal the Company’s Third Amended and Restated Bylaws (the “Bylaws”), and adopt new Bylaws (the “Declaration Amendment”). Article X, Section 10.4 of the Declaration of Trust previously provided that only the Board of Trustees had the right to modify the Company’s bylaws. The foregoing summary is qualified in its entirety by reference to the Declaration Amendment, which is filed as Exhibit 3.1 to this Form 8-K and incorporated herein by reference.

 

Also effective on May 31, 2017, the Board of Trustees of the Company amended the Bylaws effective upon the adoption of the Declaration Amendment to provide shareholders the power to alter, amend or repeal the Bylaws, and adopt new Bylaws (the “Bylaws Amendment”).  As a result of the Bylaws Amendment, shareholders of the Company now have the right to propose amendments or modifications to the Company’s Bylaws and to approve such amendments or modifications by a simple majority of the shares entitled to vote on such proposal. The foregoing summary is qualified in its entirety by reference to the Bylaws Amendment, which is filed as Exhibit 3.2 to this Form 8-K and incorporated herein by reference.

 

Item 5.07   Submission of Matters to a Vote of Security Holders.

 

The Annual Meeting of the Company was held on May 31, 2017, at the Company’s shareholders voted on: (1) the election of eight trustees, (2) the ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2017, (3) an advisory vote regarding the compensation of the Company’s named executive officers, (4) advisory vote regarding the frequency of advisory votes on the compensation of the Company’s named executive officers, and (5) a proposal to amend the Declaration of Trust to provide  shareholders with the ability to alter, amend or repeal the Bylaws, and adopt new Bylaws.  The voting results on these proposals were as follows:

 

Proposal 1:  Election of eight trustees.

 

 

 

Votes For

 

Withheld

 

Broker Non-Votes

 

William M. Diefenderfer III

 

155,338,343

 

2,839,199

 

9,402,691

 

Piero Bussani

 

156,641,661

 

1,535,881

 

9,402,691

 

John W. Fain

 

155,362,800

 

2,814,742

 

9,402,691

 

Marianne M. Keler

 

156,641,511

 

1,536,031

 

9,402,691

 

Christopher P. Marr

 

156,757,040

 

1,420,502

 

9,402,691

 

John F. Remondi

 

156,733,557

 

1,443,985

 

9,402,691

 

Jeffrey F. Rogatz

 

156,511,890

 

1,665,652

 

9,402,691

 

Deborah R.Salzberg

 

156,657,238

 

1,520,304

 

9,402,691

 

 

Proposal 2:  Ratification of the appointment of KPMG LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2017.

 

Votes For

 

Votes Against

 

Abstentions

 

166,793,023

 

648,617

 

138,593

 

 

Proposal 3:  Advisory vote on the compensation of the Company’s named executive officers.

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

 

150,579,495

 

7,414,239

 

183,808

 

9,402,691

 

 

2



 

Proposal 4:  Advisory vote on frequency of further advisory votes on executive compensation.

 

One Year

 

Two Years

 

Three Years

 

Abstentions

 

Broker Non-Votes

 

142,648,750

 

48,426

 

15,187,793

 

292,573

 

9,402,691

 

 

 

Proposal 5:  Proposal to amend the Declaration of Trust to provide shareholders with the ability to alter, amend or repeal the Bylaws, and adopt new Bylaws.

 

Votes For

 

Votes Against

 

Abstentions

 

Broker Non-Votes

 

157,639,712

 

350,953

 

186,877

 

9,402,691

 

 

Item 9.01              Financial Statements and Exhibits.

 

(d)Exhibits

 

Exhibit No.

 

 

 

 

 

3.1

 

Articles of Amendment of Declaration of Trust of CubeSmart.

 

 

 

3.2

 

First Amendment to the Third Amended and Restated Bylaws of CubeSmart.

 

3



 

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.

 

 

CUBESMART

 

 

 

Date: June 2, 2017

 

 

 

 

 

 

By:

/s/ Jeffrey P. Foster

 

 

Name:  Jeffrey P. Foster

 

 

Title:  Senior Vice President, Chief Legal Officer & Secretary

 

 

 

 

CUBESMART, L.P.

 

 

 

 

By:

CUBESMART, its general partner

 

 

 

Date: June 2, 2017

 

 

 

 

 

 

By:

/s/ Jeffrey P. Foster

 

 

Name:  Jeffrey P. Foster

 

 

Title:  Senior Vice President, Chief Legal Officer & Secretary

 

4



 

EXHIBIT INDEX

 

Exhibit Number

 

Exhibit Title

 

 

 

3.1

 

Articles of Amendment of Declaration of Trust of CubeSmart.

 

 

 

3.2

 

First Amendment to the Third Amended and Restated Bylaws of CubeSmart.

 

5