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Section 1: 8-K (FORM 8-K)

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Washington, D.C.  20459









Date of report:  May 26, 2020

(Date of earliest event reported)



(Exact name of Registrant as specified in its charter)


Maryland   1-11314   71-0720518
(State or other jurisdiction of   (Commission file number)   (I.R.S. Employer
incorporation or organization)       Identification No)


2829 Townsgate Road, Suite 350

Westlake Village, CA 91361

(Address of principal executive offices)


(805) 981-8655

(Registrant’s 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):


¨Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)


¨Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)


¨Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))


¨Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))


Securities registered pursuant to Section 12(b) of the Act:


Title of each class Trading symbol(s) Name of each exchange on which registered
Common stock, $.01 par value LTC New York Stock Exchange


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).


Emerging growth company  ¨


If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ¨







Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers


Effective May 26, 2020, LTC Properties, Inc. (“LTC”) appointed Pamela Shelley-Kessler and Clint Malin to the newly created positions of Co-Presidents. Ms. Shelley-Kessler will retain her role as LTC’s Chief Financial Officer, and Mr. Malin will continue as LTC’s Chief Investment Officer. Wendy Simpson will remain LTC’s Chairman and Chief Executive Officer.



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


On May 27, 2020, LTC held its 2020 Annual Meeting of Stockholders virtually, via live webcast. At the Annual Meeting, the following matters were considered and voted upon:


Proposal No. 1: Stockholders elected five directors to serve on the Board of Directors of LTC for the ensuing year and until the election and qualification of their respective successors, based upon the following votes:


Director Nominee   For     Against     Abstentions     Broker Non-Votes  
Boyd W. Hendrickson     24,759,072       1,244,938       88,506       6,462,562  
James J. Pieczynski     23,990,240       2,012,795       89.841       6,462,562  
Devra G. Shapiro     24,983,661       1,021,260       87,596       6,462,562  
Wendy L. Simpson     24,424,285       1,581,489       86,742       6,462,562  
Timothy J. Triche, M.D.     25,535,756       3,469,111       87,649       6,462,562  


Proposal No. 2: Stockholders ratified the appointment of Ernst & Young LLP as the independent registered public accounting firm of LTC for fiscal 2020, based upon the following votes:


For  Against   Abstentions   Broker Non-Votes 
31,569,3222   827,796    157,960    -0- 


Proposal No. 3: Stockholders approved, on an advisory basis, the compensation of the named executive officers of LTC, based upon the following votes:


For  Against   Abstentions   Broker Non-Votes 
24,752,189   1,146,644    193,683    6,462,562 







Pursuant to the requirements of Section 13 or 15(d) 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: May 29, 2020 By: /s/ WENDY L. SIMPSON
    Wendy L. Simpson
    Chairman and CEO



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