Brixmor Property Group Inc. Extract: Bylaws Amended/Restated (Plain English Desc) from a 8-K on 07/30/2024 Download SEC Document SEC Filing
On July 24, 2024, the Board, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, approved amended and restated bylaws (the “Bylaws”), effective July 24, 2024, that, among other things:
•address issues related to recent rules of the U.S. Securities and Exchange Commission that require the use of universal proxy cards, including requiring stockholders to comply with the procedural requirements set forth in such rules, limiting the number of nominees proposed by a stockholder to the total number of directors to be elected at the meeting, clarifying that no substitute nominees are allowed after the expiration of the deadline for submitting nominees under the Bylaws, requiring that nominating stockholders update submissions relating to nominees so that they are true and correct, and clarifying that defective stockholder nominations and proposals shall be disregarded; and
•update the Bylaws to conform to Maryland law changes related to holding virtual meetings of stockholders.