Trinity Place Holdings Inc. Reports Director Changes and Shareholder Votes
Ticker: TPHS · Form: 8-K · Filed: Jul 25, 2024 · CIK: 724742
| Field | Detail |
|---|---|
| Company | Trinity Place Holdings Inc. (TPHS) |
| Form Type | 8-K |
| Filed Date | Jul 25, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 3 min |
| Key Dollar Amounts | $0.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, director-changes, shareholder-vote
TL;DR
Trinity Place Holdings Inc. is changing its board and holding shareholder votes.
AI Summary
Trinity Place Holdings Inc. filed an 8-K on July 25, 2024, reporting on July 24, 2024, regarding the departure of directors, election of new directors, and compensatory arrangements. The filing also covers the submission of matters to a vote of security holders and includes financial statements and exhibits.
Why It Matters
Changes in board composition and shareholder votes can signal shifts in company strategy and governance, potentially impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — The filing is routine and reports on corporate governance matters without immediate financial implications.
Key Players & Entities
- Trinity Place Holdings Inc. (company) — Registrant
- July 25, 2024 (date) — Report Date
- July 24, 2024 (date) — Earliest Event Date
FAQ
What specific items were voted on by security holders?
The filing indicates that matters were submitted to a vote of security holders, but the specific items are not detailed in this excerpt.
Who are the new directors elected to the board?
The filing mentions the election of directors, but the names of the newly elected directors are not provided in this excerpt.
What are the details of the compensatory arrangements for certain officers?
The filing notes that compensatory arrangements of certain officers are covered, but the specifics are not included in this summary.
What is the SIC code for Trinity Place Holdings Inc.?
The Standard Industrial Classification (SIC) code for Trinity Place Holdings Inc. is 6512, Operators of Nonresidential Buildings.
When was Trinity Place Holdings Inc. formerly known as Syms Corp?
Trinity Place Holdings Inc. was formerly known as Syms Corp, with a date of name change in 19920703.
Filing Stats: 822 words · 3 min read · ~3 pages · Grade level 12.4 · Accepted 2024-07-25 17:19:57
Key Financial Figures
- $0.01 — nge on which registered Common Stock $0.01 Par Value Per Share TPHS NYSE Ameri
Filing Documents
- tm2420223d1_8k.htm (8-K) — 40KB
- tm2420223d1_ex10-1.htm (EX-10.1) — 125KB
- 0001104659-24-082702.txt ( ) — 361KB
- tphs-20240724.xsd (EX-101.SCH) — 3KB
- tphs-20240724_lab.xml (EX-101.LAB) — 33KB
- tphs-20240724_pre.xml (EX-101.PRE) — 22KB
- tm2420223d1_8k_htm.xml (XML) — 3KB
02 Departure of Directors or Certain Officers; Election of
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On July 24, 2024, Trinity Place Holdings Inc. (the " Company ") held its 2024 Annual Meeting of Stockholders (the " 2024 Annual Meeting "), at which shareholders approved, among other things, an amendment to the Trinity Place Holdings Inc. 2015 Stock Incentive Plan to increase the number of shares of common stock available for awards under such plan by 2,000,000 shares (as amended, the " Amended Plan "). A description of the Amended Plan is included in the Company's definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on June 14, 2024 (the " Proxy Statement "), which description is incorporated herein by reference. Such description does not purport to be complete, and is qualified in its entirety by reference to the Amended Plan, a copy of which is attached hereto as Exhibit 10.1.
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. On July 24, 2024, the Company held its 2024 Annual Meeting. The final voting results for each of the matters submitted to a stockholder vote at the 2024 Annual Meeting are set forth below: 1. The holders of the Company's common stock elected one director to serve a two-year term until the Company's 2026 annual meeting of stockholders and until his successor is duly elected and qualified or his earlier resignation or removal, based on the following voting results: Director For Against Abstentions Broker Non-Votes Alexander C. Matina 48,360,062 0 477,128 7,756,491 The holder of the Company's single share of special stock elected one director to serve a two-year term until the Company's 2026 annual meeting of stockholders and until her successor is duly elected and qualified or her earlier resignation or removal, based on the following voting results : Director For Against Abstentions Broker Non-Votes Joanne Minieri 1 0 0 0 2. The holders of the Company's common stock ratified the selection of BDO USA, P.C. as the Company's independent auditors for the year ending December 31, 2024, based on the following voting results: For Against Abstentions Broker Non-Votes 56,201,312 313,839 78,530 0 3. The holders of the Company's common stock approved, on an advisory basis, the compensation of the Company's named executive officers, based on the following voting results:: For Against Abstentions Broker Non-Votes 47,351,410 1,471,308 14,472 7,756,491 4. The holders of the Company's common stock approved the Amended Plan, based on the following voting results: For Against Absentions Broker Non-Votes 47,583,691 1,235,555 17,944 7,756,491
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits . Exhibit No. Description 10.1 Trinity Place Holdings Inc. 2015 Stock Incentive Plan (as amended, effective June 11, 2024) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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. TRINITY PLACE HOLDINGS INC. Date: July 25, 2024 /s/ Steven Kahn Steven Kahn Chief Financial Officer