Item 5.07. Submission of Matters to a Vote of Security Holders.

On September 28, 2022, at a Special Meeting of Stockholders (the "Special Meeting") of Prologis, Inc. ("Prologis" or the "Company"), the holders of shares of common stock, par value $0.01 per share, of the Company ("Prologis Common Stock") voted on the (i) approval of the issuance of shares of Prologis Common Stock in connection with the merger of Duke Realty Corporation, an Indiana corporation ("Duke Realty"), with and into Compton Merger Sub LLC, a newly created wholly owned subsidiary of Prologis ("Prologis Merger Sub") with Prologis Merger Sub continuing as the surviving entity, pursuant to which each outstanding share of common stock, par value $0.01 per share, of Duke Realty will be converted into the right to receive 0.475 of a newly issued share of Prologis Common Stock, in each case, pursuant to, and on the terms and conditions set forth in, the Agreement and Plan of Merger, dated as of June 11, 2022, as it may be amended or supplemented from time to time, by and among the Company, Prologis, L.P., Prologis Merger Sub, Compton Merger Sub OP LLC, Duke Realty and Duke Realty Limited Partnership, (the "Common Stock Issuance Proposal"); and (ii) approval of one or more adjournments of the Special Meeting to another date, time or place, if necessary or appropriate, to solicit additional proxies in favor of the Common Stock Issuance Proposal (the "Adjournment Proposal").

There were 740,376,650 shares of Prologis Common Stock outstanding and entitled to vote on August 8, 2022, the record date for the Special Meeting, and 644,328,895 shares of Prologis Common Stock were represented in person or by proxy at the Special Meeting, which number constituted a quorum.

At the Special Meeting, the Common Stock Issuance Proposal was approved by the holders of Prologis Common Stock. Sufficient votes were received to approve the Adjournment Proposal, but such an adjournment was not necessary in light of the approval of the Common Stock Issuance Proposal.

The final voting results from the Special Meeting were as follows:

Proposal 1. Common Stock Issuance Proposal.





 Votes For    Votes Against     Abstentions     Broker Non-Votes
643,296,366      374,996          657,533             N/A

Proposal 2. Adjournment Proposal.





 Votes For    Votes Against     Abstentions     Broker Non-Votes
577,560,201    65,980,904         787,790             N/A


Item 8.01. Other Events.

On September 28, 2022, Prologis and Duke Realty issued a joint press release announcing the results of the voting at the Special Meeting and at the special meeting of shareholders of Duke Realty, a copy of which is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.





(d) Exhibits.



Exhibit Number   Description
  99.1             Joint Press Release, dated September 28, 2022.
104              Cover Page Interactive Data File (embedded within the iXBRL document)

© Edgar Online, source Glimpses