Gmh Communities Trust - Current report filing (8-K)
24 4월 2008 - 7:02PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of report:
April 23, 2008
GMH COMMUNITIES TRUST
(Exact name of
registrant as specified in its charter)
Maryland
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001-32290
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201181390
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(State or other jurisdiction of
incorporation)
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(Commission
File Number)
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(IRS Employer
Identification Number)
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10 Campus Boulevard
Newtown Square, Pennsylvania 19073
(Address of principal executive offices)
(610) 355-8000
(Registrants 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 Instruction A.2 below):
o
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Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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o
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Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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o
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Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
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o
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Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
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Item
5.02.
Compensatory Arrangements of Certain Officers.
On February 11,
2008, GMH Communities Trust (the Company) entered into two agreements in
connection with the sale of its military and student housing divisions (the Transactions). In connection with the Transactions, the
Companys Board of Trustees approved a total of $2,000,000 to be paid to certain
executive officers and/or Trustees as a success fee for closing the
Transactions. On April 17, 2008,
the Compensation Committee of the Companys Board of Trustees allocated
$350,000 of the success fee to Bruce F. Robinson, the President of the Companys
Military Housing Division in recognition of, and as an incentive to encourage, Mr. Robinsons
assistance with the Transaction. This
payment remains contingent upon the successful closing of the Military Housing
component of the Transaction. The remaining
$1,650,000 of the aggregate success fee has not yet been allocated but will be
allocated by the Companys Board of Trustees or a committee thereof.
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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.
Dated: April 23,
2008
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GMH
COMMUNITIES TRUST
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By:
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/s/ Joseph Macchione
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Name:
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Joseph Macchione
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Title:
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Executive Vice
President and Chief Financial Officer
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3
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