Item 5.07 Submission Of Matters To A Vote Of Security Holders.
On August 2, 2022, Pennsylvania Real Estate Investment Trust (the "Trust")
reconvened its 2022 Annual Meeting of Shareholders (the "Reconvened Annual
Meeting"). At that time, a majority of the Trust's issued and outstanding 7.375%
Series B Cumulative Redeemable Perpetual Preferred Shares (the "Series B
Preferred"), the Trust's 7.20% Series C Cumulative Redeemable Perpetual
Preferred Shares (the "Series C Preferred"), and the Trust's 6.875% Series D
Cumulative Redeemable Perpetual Preferred Shares (together with the Series B
Preferred and the Series C Preferred, the "Outstanding Preferred Shares")
entitled to vote were present (virtually or represented by proxy) and,
accordingly, the business to be considered by the holders of the Trust's
Outstanding Preferred Shares (the "Preferred Shareholders") was conducted and
completed.
At the Reconvened Annual Meeting, one matter was submitted to a vote by
Preferred Shareholders. The voting results were as follows:
The Trust's Preferred Shareholders elected the following nominees as trustees,
each to hold office until the earliest of (a) the Annual Meeting of Shareholders
to be held in 2023 and until their respective successors have been duly elected
and have qualified, or (b) such time as all accrued and unpaid dividends on the
Outstanding Preferred Shares have been paid in full and the dividends for the
then current period have been paid in full or declared and set apart for payment
in full, by the vote set forth below:
Nominee Votes For Withheld Broker Non-Votes
Kenneth B. Hart 7,454,713 287,083 0
Christopher Swann 7,456,909 284,887 0
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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.
PENNSYLVANIA REAL ESTATE INVESTMENT TRUST
Date: August 5, 2022 By: /s/ Lisa M. Most
Lisa M. Most
Executive Vice President, Secretary
and General Counsel
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