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): January 11, 2018

 

 

 

Presidio Property Trust, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

 

        Maryland

(State of other jurisdiction

of incorporation)

 

000-53673

(Commission

File Number)

 

33-0841255

(I.R.S. Employer

Identification No.)

 

 

 

1282 Pacific Oaks Place

Escondido, California 92029

(Address of principal executive offices, including zip code)

 

 

(760) 471-8536

(Registrant's telephone number, including area code)

 

 

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 Instructions A.2. below):

 

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))

 

 Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company  

 


 

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:  

 



 

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

 

On January 11, 2018, the Board of Directors of Presidio Property Trust, Inc. (“Presidio”) appointed Mr. Adam Sragovicz to serve as Chief Financial Officer of Presidio.  Mr. Sragovicz, age 48, has served as the Senior Vice President of Finance since joining Presidio in May 2017.  Prior to joining Presidio, Mr. Sragovicz served as the Treasurer of Encore Capital Group from 2011 to 2017, where he was responsible for global capital raising, foreign exchange risk management and cash management for the organization.  Mr. Sragovicz has also previously held capital markets, finance, and treasury management positions with KPMG, Union Bank of California / MUFG and Bank of America Merrill Lynch. Mr. Sragovicz is a graduate of Yale University with a Bachelor of Arts degree in Soviet and Eastern European Studies, with a concentration in Economics.

As Chief Financial Officer, Mr. Sragovicz will receive an annual salary of $195,700 and be eligible for an annual bonus and annual grant of equity awards pursuant to and in accordance with Presidio’s compensation plans and programs as in effect from time to time.  

 

 

 

 

 

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.

 

 

 

 

 

Presidio Property Trust, Inc.

Date: January 12, 2018

By:

/s/ Kathryn Richman

 

 

Kathryn Richman,

 

 

Secretary