Equity Lifestyle Properties Files 8-K
Ticker: ELS · Form: 8-K · Filed: Apr 8, 2024 · CIK: 895417
| Field | Detail |
|---|---|
| Company | Equity Lifestyle Properties Inc (ELS) |
| Form Type | 8-K |
| Filed Date | Apr 8, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $0.01, $56.18 |
| Sentiment | neutral |
Sentiment: neutral
Topics: 8-K, disclosure, other-event
TL;DR
ELP filed an 8-K, something happened but they aren't saying what yet.
AI Summary
Equity Lifestyle Properties, Inc. filed an 8-K on April 8, 2024, reporting an "Other Event." The filing does not contain specific details about the event, dollar amounts, or dates beyond the filing date itself. The company is incorporated in Maryland and headquartered in Chicago, Illinois.
Why It Matters
This filing indicates a material event has occurred for Equity Lifestyle Properties, Inc., requiring disclosure to investors, though the specific nature of the event is not detailed in this report.
Risk Assessment
Risk Level: low — The filing itself is procedural and does not contain information that inherently increases risk, but the lack of detail about the 'Other Event' could be a minor concern.
Key Numbers
- 0000895417-24-000059 — Accession Number (Unique identifier for the filing)
- 20240408 — Filing Date (Date the report was filed)
Key Players & Entities
- Equity Lifestyle Properties, Inc. (company) — Registrant
- Maryland (jurisdiction) — State of incorporation
- Chicago, Illinois (location) — Principal Executive Offices
FAQ
What specific event is Equity Lifestyle Properties, Inc. reporting in this 8-K filing?
The filing is categorized under 'Other Events' but does not provide specific details about the nature of the event.
When was this 8-K filing submitted to the SEC?
The filing was submitted on April 8, 2024.
What is the principal executive office location for Equity Lifestyle Properties, Inc.?
The principal executive offices are located at Two North Riverside Plaza, Chicago, Illinois 60606.
Under which section of the Securities Exchange Act of 1934 is this report filed?
This report is filed pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934.
What is the company's IRS Employer Identification Number?
The company's IRS Employer Identification Number is 36-3857664.
Filing Stats: 1,331 words · 5 min read · ~4 pages · Grade level 15.7 · Accepted 2024-04-08 17:11:16
Key Financial Figures
- $0.01 — ange on which registered Common Stock, $0.01 Par Value ELS New York Stock Exchange
- $56.18 — th a weighted average exercise price of $56.18 and a weighted average remaining term o
Filing Documents
- els-20240408.htm (8-K) — 40KB
- 0000895417-24-000059.txt ( ) — 166KB
- els-20240408.xsd (EX-101.SCH) — 2KB
- els-20240408_lab.xml (EX-101.LAB) — 22KB
- els-20240408_pre.xml (EX-101.PRE) — 13KB
- els-20240408_htm.xml (XML) — 3KB
01 Other Events
Item 8.01 Other Events Equity LifeStyle Properties, Inc. (referred to herein as "we," "us" and "our") is seeking stockholder approval of our 2024 Equity Incentive Plan (the "2024 Plan") at our upcoming 2024 Annual Meeting of Stockholders (the "Annual Meeting"). If our stockholders approve the 2024 Plan at the Annual Meeting, the 2024 Plan will replace our 2014 Equity Incentive Plan (the "2014 Plan"). To provide our stockholders further clarity as to the potential dilution that could result from our 2014 Plan and the proposed 2024 Plan, we are providing additional information regarding our outstanding shares and the remaining share reserves and outstanding equity awards under our 2014 Plan, each as of the February 16, 2024 record date ("Record Date") for the Annual Meeting. As of the Record Date, 4,999,902 shares of Common Stock remained available for issuance under the 2014 Plan. As of the Record Date, the number of full-value awards that remained unvested and outstanding under the 2014 Plan was 186,800 and the number of stock options that remained unexercised and outstanding under the 2014 Plan was 89,435 with a weighted average exercise price of $56.18 and a weighted average remaining term of 5.4 years. As of the Record Date, we had a total of 186,492,242 shares of common stock outstanding. Since the Record Date, we have not granted any additional awards under the 2014 Plan and will not grant any additional awards under the 2014 Plan unless the 2024 Plan is not approved. Only if the 2024 Plan is not approved by our stockholders would we issue additional awards under the 2014 Plan. We are asking our stockholders to approve the adoption of our 2024 Plan to provide for 3,500,000 shares of our common stock to be reserved for issuance, plus any shares of common stock related to awards outstanding under the 2014 Plan that terminate by expiration or forfeiture, cancellation, lapse or otherwise without issuance of such shares after the date the 2024 Plan is approv