AMERICAN REALTY INVESTORS INC : Submission of Matters to a Vote of Security Holders (form 8-K)

Item 5.07 - Submission of Matters to the Vote of Security Holders

On December 11, 2019, the Annual Meeting of Stockholders of American Realty Investors, Inc. ("ARL" or the "Issuer" or the "Registrant") was held, following a solicitation of proxies, pursuant to a Notice of Annual Meeting and related Proxy Statement, dated November 5, 2019, distributed in accordance with the requirements of Regulation 14A under the Securities Exchange Act of 1934, as amended. On the record date of November 4, 2019, a total of 15,997,076 shares of Common Stock were outstanding, with each share entitled to cast one vote.

At the Annual Meeting, which involved the election of directors, the following named persons received the number of votes cast for, against or withheld, as well as the number of abstention and broker non-votes:

                        No. of Votes     %      No. of Votes   No. of    Broker Non-
Name                        For         For       Withheld      Votes       Votes
                                                              Abstained

Henry A. Butler          15,377,996    96.13%      30,221         -          884

Robert A. Jakuszewski 15,306,899 95.68% 101,318 - 884

Ted R. Munselle 15,356,477 95.99% 51,740 - 884

Raymond D. Roberts, Sr. 15,275,067 95.46% 133,150 - 884

All of the nominees named above, each of which is currently a director of the Registrant, were elected at such Annual Meeting.

The only other matter presented at the Annual Meeting was the ratification of the appointment of Farmer, Fuqua & Huff, P.C. as the independent registered public accounting firm for the Registrant for the fiscal year ending December 31, 2019, and any interim period. A total of 15,399,173 votes were cast FOR, 5,641 votes were cast AGAINST, and 4,287 votes ABSTAINED from voting with respect to such proposal. There were no broker non-votes.

The Annual Meeting of the Board of Directors was held on the following day, December 12, 2019. At such meeting, Henry A. Butler was reelected Chairman of the Board.

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