8-K filings in May 2021, explained

Highwoods Properties stockholders approve 2021 equity plan of up to 3 million shares

At its annual meeting on May 11, 2021, Highwoods Properties stockholders approved the 2021 long-term equity incentive plan, which authorizes up to 3,000,000 shares of common stock for stock options, restricted stock and restricted stock units. The company says the plan aligns directors, officers and employees with stockholders, and the plan adds potential share issuance that shareholders will weigh against their existing stakes. The meeting also included the election of ten directors and the ratification of Deloitte & Touche LLP as independent auditor for 2021.

• Stockholders approved the 2021 long-term equity incentive plan on May 11, 2021, with 87,522,583 votes for and 3,361,814 against.
• The plan authorizes up to 3,000,000 shares, of which no more than 1,000,000 may be issued as restricted stock or restricted stock units.
• No employee or officer may receive stock options covering more than 300,000 shares in a calendar year, and no more than 150,000 restricted shares or units per officer or employee.
• Stockholders ratified Deloitte & Touche LLP as independent auditor for 2021, with 93,460,753 votes for and 916,170 against.