Essential Properties Realty Trust, Inc.
Extract: Charter Amendment (Plain English Desc) from a 8-K on 08/08/2019   Download
SEC Document
SEC Filing

On August 8, 2019, pursuant to Section 7.2.8 of Article VII of the charter (the “Charter”) of Essential Properties Realty Trust, Inc., a Maryland corporation (the “Company”), the Board of Directors of the Company adopted resolutions increasing the Common Stock Ownership Limit (as defined in the Charter) from 7.5% to 9.8% (in value or in number of shares, whichever is more restrictive), of the aggregate of the outstanding shares of Common Stock (as defined in the Charter) of the Company, and (ii) increased the Aggregate Stock Ownership Limit (as defined in the Charter) from 7.5% to 9.8% in value of the aggregate of the outstanding shares of Capital Stock (as defined in the Charter).  

On August 8, 2019, the Company filed a Certificate of Notice with the State Department of Assessments and Taxation of Maryland (the “Certificate of Notice”) reflecting the increase in the ownership limits described above.