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 16, 2011 (May 10, 2011)
 
Whitestone REIT
(Exact name of registrant as specified in charter)
 
Maryland
 
000-50256
 
76-0594970
(State or other jurisdiction
of incorporation)
 
(Commission File Number)
 
(IRS Employer Identification No.)
 
2600 South Gessner, Suite 500, Houston, Texas
 
77063
(Address of principal executive offices)
 
(Zip Code)
 
Registrant's telephone number, including area code: (713) 827-9595
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:
 
 
[ ]
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))
 
 
 

 

 

Item 5.07. Submission of Matters to a Vote of Security Holders.
 
Whitestone REIT (the “Company”) held its annual meeting of shareholders (the “Annual Meeting”) on May 10, 2011. At the Annual Meeting, the Company's shareholders approved each of the proposals presented which are described in more detail in the Company's Proxy Statement. Holders of 3,676,446 shares of the Company's common shares were present in person or represented by proxy at the Annual Meeting.
 
The following are the voting results on each proposal presented to the Company's shareholders at the Annual Meeting:
 
Proposal 1: Election of Trustees
 
The following individuals were elected as trustees to serve until the 2014 annual meeting of shareholders and until their successors are duly elected and qualified. The following votes were taken in connection with this proposal:
 
Trustee
Votes For
Votes Withheld
Broker Non-Votes
Daryl J. Carter
2,264,992
198,663
Donald F. Keating
2,264,843
198,812
 
The following trustees will continue to hold office until the 2012 Annual Meeting of Shareholders:
 
Jack L. Mahaffey
James C. Mastandrea
 
The following trustee will continue to hold office until the 2013 Annual Meeting of Shareholders:
 
Daniel G. DeVos
 
Proposal 2: Advisory Vote on Executive Compensation
 
In an advisory (non-binding) vote to approve the compensation of the Company's named executive officers, the shareholders approved the compensation of the Company's named executive officers. The following votes were taken in connection with this proposal:
 
Votes For
Votes Against
Abstentions
2,184,445
207,146
72,061
 
Proposal 3: Advisory Vote on the Frequency of the Advisory Vote on Executive Compensation
 
In an advisory (non-binding) vote to determine whether a shareholder vote to approve the compensation of the Company's named executive officers should occur every one, two or three years, the shareholders recommended that the vote should occur every three years. The following votes were taken in connection with this proposal:
 
Votes for 1 Year
Votes for 2 Years
Votes for 3 Years
Abstentions
646,191
167,345
1,550,019
100,098
 
In accordance with the results of this vote, the Board of Trustees determined to implement an advisory vote on executive compensation every three years until the next required vote on the frequency of shareholder votes on the compensation of executives, which is scheduled to occur at the 2017 Annual Meeting of Shareholders.
 

 

 

Proposal 4: Ratification of the Selection of the Independent Registered Public Accounting Firm
 
The proposal to ratify the selection of Pannell Kerr Forster of Texas, P.C. as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2011 was approved. The following votes were taken in connection with this proposal:
 
Votes For
Votes Against
Abstentions
3,522,492
65,135
88,819
 
 
 
 

 

 

SIGNATURE
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.
 
 
 
Whitestone REIT
 
 
 
(Registrant)
 
 
 
 
Date:
May 16, 2011
 
By: /s/ David K. Holeman
 
 
 
Name: David K. Holeman
Title: Chief Financial Officer