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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
 
FORM 8-K
  
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
 
Date of Report (Date of earliest event reported): May 16, 2023
 
CENTERSPACE
(Exact name of Registrant as specified in its charter)
North Dakota001-3562445-0311232
(State or Other Jurisdiction
of Incorporation or Organization)		(Commission File Number)(I.R.S. Employer Identification No.)
 
3100 10th Street SW, Post Office Box 1988, Minot, ND 58702-1988
(Address of principal executive offices) (Zip code)

(701) 837-4738
(Registrant’s telephone number, including area code)

Not Applicable
(Former name or former address, if changed from last report)

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:
☐    Written communications pursuant to Rule 425 under the Securities Act
☐    Soliciting material pursuant to Rule 14a-12 under the Exchange Act
☐    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
☐    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:
Title of each classTrading Symbol(s)Name of each exchange on which registered
Common Shares of Beneficial Interest, no par valueCSRNew York Stock Exchange
Series C Cumulative Redeemable Preferred SharesCSR -PRCNew 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 or Rule 12b-2 of the Securities Exchange Act of 1934.
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 5.07. Submission or Matters to a Vote of Security Holders.
On May 16, 2023, Centerspace held its 2023 Annual Meeting of Shareholders (the “Annual Meeting”). As of March 20, 2023, the record date for holders of common shares of beneficial interest (“common shares”) entitled to vote at the Annual Meeting, there were 15,027,997 common shares outstanding and entitled to vote at the Annual Meeting. Of the common shares entitled to vote, 13,125,879, or approximately 87.34% of the common shares, were present or represented by proxy at the Annual Meeting, constituting a quorum under the Company’s Declaration of Trust. There were four matters presented and voted on at the Annual Meeting. Set forth below is a brief description of each matter voted on at the Annual Meeting and the final voting results with respect to each such matter.
Proposal 1 - Election of seven nominees to serve on the Board of Trustees for a one-year term and until their respective successors are duly elected and qualified.
NomineeForAgainstAbstainBroker Non-Votes
    
John A. Schissel11,422,712 175,344 14,959 1,512,864 
Jeffrey P. Caira11,353,250 242,897 16,868 1,512,864 
Emily Nagle Green11,348,814 246,616 17,585 1,512,864 
Linda J. Hall11,170,542 414,387 28,086 1,512,864 
Rodney Jones-Tyson11,412,208 182,726 18,081 1,512,864 
Anne Olson11,575,719 22,636 14,660 1,512,864 
Mary J. Twinem11,541,828 53,482 17,705 1,512,864 
The shareholders elected all seven of the nominees as Trustees.
Proposal 2 - Non-binding advisory resolution on executive compensation.
 ForAgainstAbstainBroker Non-Votes
Votes Cast9,559,968 2,020,862 32,185 1,512,864 
The shareholders approved the non-binding advisory resolution on executive compensation.
Proposal 3 - Non-binding advisory resolution for holding future advisory votes on executive compensation.
 1 Year2 Years3 YearsAbstain
Votes Cast11,240,488 16,834 327,182 28,511 
The shareholders approved the non-binding advisory resolution for holding future advisory votes on executive compensation every one year. Subsequent to the Annual Meeting, the Company's Board of Trustees determined that future shareholder advisory votes on executive compensation will continue to be held annually.
Proposal 4 - Ratification of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023.
 ForAgainstAbstainBroker Non-Votes
Votes Cast12,981,543 117,707 26,629 0
The shareholders ratified the appointment of Grant Thornton LLP as the Company’s independent registered public accounting firm for the year ending December 31, 2023.


SIGNATURE

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.

Centerspace
By/s/ Anne Olson
Anne Olson
Date: May 17, 2023President and Chief Executive Officer


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