<SEC-DOCUMENT>0001398432-15-000228.txt : 20150511
<SEC-HEADER>0001398432-15-000228.hdr.sgml : 20150511
<ACCEPTANCE-DATETIME>20150511125001
ACCESSION NUMBER:		0001398432-15-000228
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150505
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
ITEM INFORMATION:		Submission of Matters to a Vote of Security Holders
FILED AS OF DATE:		20150511
DATE AS OF CHANGE:		20150511

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KIMCO REALTY CORP
		CENTRAL INDEX KEY:			0000879101
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		IRS NUMBER:				132744380
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-10899
		FILM NUMBER:		15849741

	BUSINESS ADDRESS:	
		STREET 1:		3333 NEW HYDE PARK RD
		STREET 2:		PO BOX 5020
		CITY:			NEW HYDE PARK
		STATE:			NY
		ZIP:			11042
		BUSINESS PHONE:		5168699000

	MAIL ADDRESS:	
		STREET 1:		3333 NEW HYDE PARK ROAD
		STREET 2:		PO BOX 5020
		CITY:			NEW HYDE PARKQ
		STATE:			NY
		ZIP:			11042
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>a12755.htm
<TEXT>
<!doctype html public "-//IETF//DTD HTML//EN">
<HTML>
<HEAD>
<TITLE>Form 8-K</TITLE>
</HEAD>
<BODY leftmargin="25" topmargin="25" style="line-height:12pt; font-family:Times New Roman; font-size:10pt">
<DIV style="width:720px">
<P style="margin-top:0px; margin-bottom:8.867px; padding-bottom:4px; border-bottom:12px double #000000" align=right><BR></P>
<P style="margin:0px" align=center><BR></P>
<P style="line-height:18pt; margin:0px; font-size:16pt" align=center><B>UNITED STATES</B></P>
<P style="line-height:18pt; margin:0px; font-size:16pt" align=center><B>SECURITIES AND EXCHANGE COMMISSION</B></P>
<P style="margin:0px" align=center><B>WASHINGTON, D.C. 20549</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="line-height:18pt; margin:0px; font-size:16pt" align=center><B>FORM 8-K</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>CURRENT REPORT<BR><BR>PURSUANT TO SECTION 13 OR 15(d) OF THE<BR>
SECURITIES EXCHANGE ACT OF 1934
</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>Date of Report (Date of earliest event reported) May 5, 2015</B></P>

<P style="margin:0px" align=center><BR></P>
<P style="line-height:20pt; margin:0px; font-family:Times New Roman Bold; font-size:18pt" align=center><B>KIMCO REALTY CORPORATION</B></P>
<P style="margin:0px" align=center>&nbsp;(Exact Name of Registrant as Specified in its Charter)</P>
<P style="margin:0px" align=center><BR></P>

<TABLE style="font-size:10pt" cellspacing=0 align=center width="633"><TR height=0 style="font-size:0">
  <TD width=217></TD>
  <TD width=34></TD>
  <TD width=166></TD>
  <TD width=36></TD>
  <TD width=168></TD></TR>
<TR>
  <TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=217><P style="margin:0px" align=center><B>Maryland</B></P></TD>
  <TD valign=top width=34>&nbsp;</TD>
  <TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=166><P style="margin:0px" align=center><B>1-10899</B></P>
</TD>
  <TD valign=top width=36>&nbsp;</TD>
  <TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=168><P style="margin:0px" align=center><B>13-2744380</B></P>
</TD></TR>
<TR>
  <TD valign=top width=217><P style="margin:0px" align=center>(State or other jurisdiction<br>
  of incorporation)</P></TD>
  <TD valign=top width=34>&nbsp;</TD>
  <TD valign=top width=166><P style="margin:0px" align=center>(Commission File Number)</P>
</TD>
  <TD valign=top width=36>&nbsp;</TD>
  <TD valign=top width=168><P style="margin:0px" align=center>(IRS Employer<br>Identification No.)</P>
</TD></TR>
</TABLE>

<P style="margin:0px" align=center><BR></P>


<TABLE style="font-size:10pt" cellspacing=0 align=center width="633"><TR height=0 style="font-size:0">
  <TD width=217></TD>
  <TD width=34></TD>
  <TD width=166></TD>
  <TD width=36></TD>
  <TD width=168></TD></TR>
<TR>
  <TD style="margin-top:0px; border-bottom:1px solid #000000" valign=top width=217><P style="margin:0px" align=center><B>3333 New Hyde Park Road<br>Suite 100<BR>New Hyde Park, NY</B></P></TD>
  <TD valign=top width=34>&nbsp;</TD>
  <TD valign=top width=166><P style="margin:0px" align=center>&nbsp;</P>
</TD>
  <TD valign=top width=36>&nbsp;</TD>
  <TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=168><P style="margin:0px" align=center><B>11042</B></P>
</TD></TR>
<TR>
  <TD valign=top width=217><P style="margin:0px" align=center>(Address of Principal Executive Offices)</P></TD>
  <TD valign=top width=34>&nbsp;</TD>
  <TD valign=top width=166><P style="margin:0px" align=center>&nbsp;</P>
</TD>
  <TD valign=top width=36>&nbsp;</TD>
  <TD valign=top width=168><P style="margin:0px" align=center>(Zip Code)</P>
</TD></TR>
</TABLE>





<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>Registrant&#146;s telephone number, including area code: (516) 869-9000</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px" align=center><B>Not Applicable</B></P>

<P style="margin:0px" align=center><B>(Former Name or Former Address, if Changed Since Last Report)</B></P>
<P style="margin:0px" align=center><BR></P>
<P style="margin:0px">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 (<U>see</U> General Instruction A.2. below)::</P>
<P style="margin:0px" align=center><BR></P>
<P style="margin-top:0px; margin-bottom:-16px; padding-left:48px; text-indent:-48px; font-family:Times New Roman Bold"><B>[_]</B></P>
<P style="margin:0px; padding-left:48px">Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
<P style="margin-top:13.333px; margin-bottom:-16px; padding-left:48px; text-indent:-48px; font-family:Times New Roman Bold"><B>[_]</B></P>
<P style="margin:0px; padding-left:48px">Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P style="margin-top:13.333px; margin-bottom:-16px; padding-left:48px; text-indent:-48px; font-family:Times New Roman Bold"><B>[_]</B></P>
<P style="margin:0px; padding-left:48px">Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
<P style="margin-top:13.333px; margin-bottom:-16px; padding-left:48px; text-indent:-48px; font-family:Times New Roman Bold"><B>[_]</B></P>
<P style="margin:0px; padding-left:48px">Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
<P style="margin-top:8.867px; margin-bottom:0px; padding-bottom:4px; border-bottom:12px double #000000"><BR></P>
<P style="margin:0px"><BR></P>
<HR style="margin-top:9.6px; margin-bottom:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=73.2 /><TD width=612.467 /></TR>
<TR><TD style="margin-top:0px" valign=top width=73.2><P style="margin:0px"><B>Item 5.02</B></P>
</TD><TD style="margin-top:0px" valign=top width=612.467><P style="margin:0px"><B>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</B></P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px">On May 5, 2015, the Executive Compensation Committee of the Board of Directors (the &#147;Committee&#148;) of Kimco Realty Corporation (the &#147;Company&#148;) approved an increase in the annual compensation payable to Conor C. Flynn, the Company&#146;s President and Chief Operating Officer.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Effective May 5, 2015, Mr. Flynn&#146;s prospective annual base salary increased from $700,000 to $850,000. &nbsp;He will also be eligible to receive a target cash bonus in the annualized amount of $875,000 based on an evaluation of both the Company&#146;s performance and Mr. Flynn&#146;s individual performance, as determined and approved by the Committee.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Effective May 14, 2015, Mr. Flynn will receive long-term incentive equity grants of 1,050 shares of restricted stock vesting over four years, 25% on each anniversary of the award date, and 4,230 performance shares, vesting upon the Committee&#146;s determination that performance criteria have been met.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Effective January 1, 2016, upon Mr. Flynn&#146;s appointment as Chief Executive Officer, the Committee approved an award to be made to Mr. Flynn of retention grants of 100,000 shares of restricted stock vesting over five years, 20% on each anniversary of January 1, 2016, and of 100,000 shares of restricted stock, cliff vesting in five years, 100% on January 1, 2021.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Each of these grants to Mr. Flynn of restricted stock and performance shares are subject to the terms and conditions of the Company&#146;s 2010 Equity Participation Plan.</P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=73.2 /><TD width=612.467 /></TR>
<TR><TD style="margin-top:0px" valign=top width=73.2><P style="margin:0px"><B>Item 5.07</B></P>
</TD><TD style="margin-top:0px" valign=top width=612.467><P style="margin:0px"><B>Submission of Matters to a Vote of Security Holders.</B></P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px">The Company&#146;s annual meeting of stockholders was held on May 5, 2015. The Company previously filed with the Securities and Exchange Commission the 2015 proxy statement and related materials pertaining to this meeting. On the record date of March 16, 2015, there were 412,622,136 shares of the Company&#146;s common stock, par value $0.01 per share (&#147;Common Stock&#148;) outstanding and eligible to vote.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><U>Proposal 1: Election of Directors</U></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Elected the following eight nominees to the Board of Directors to serve as directors until the next annual meeting of stockholders and until their respective successors are elected and qualify. </P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0 align=center><TR height=0 style="font-size:0"><TD width=134.733 /><TD width=107.467 /><TD width=106.4 /><TD width=123.8 /></TR>
<TR><TD style="margin-top:0px; border-top:1px solid #000000" valign=top width=134.733><P style="margin:0px" align=center><B>Nominee</B></P>
</TD><TD style="margin-top:0px; border-top:1px solid #000000" valign=top width=107.467><P style="margin:0px" align=center><B>Votes For</B></P>
</TD><TD style="margin-top:0px; border-top:1px solid #000000" valign=top width=106.4><P style="margin:0px" align=center><B>Votes Withheld</B></P>
</TD><TD style="margin-top:0px; border-top:1px solid #000000" valign=top width=123.8><P style="margin:0px" align=center><B>Broker Non-Votes</B></P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1; border-top:1px solid #000000" valign=top width=134.733><P style="margin:0px">Milton Cooper</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1; border-top:1px solid #000000" valign=top width=107.467><P style="margin:0px" align=center>345,134,908</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1; border-top:1px solid #000000" valign=top width=106.4><P style="margin:0px" align=center>7,197,271</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1; border-top:1px solid #000000" valign=top width=123.8><P style="margin:0px" align=center>22,238,965</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=134.733><P style="margin:0px">Philip E. Coviello</P>
</TD><TD style="margin-top:0px" valign=top width=107.467><P style="margin:0px" align=center>347,391,569</P>
</TD><TD style="margin-top:0px" valign=top width=106.4><P style="margin:0px" align=center>4,940,610</P>
</TD><TD style="margin-top:0px; border:1px solid #FFFFFF" valign=top width=123.8><P style="margin:0px" align=center>22,238,965</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=134.733><P style="margin:0px">Richard G. Dooley</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=107.467><P style="margin:0px" align=center>288,735,139</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=106.4><P style="margin:0px" align=center>63,597,040</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1; border-left:1px solid #FFFFFF; border-right:1px solid #FFFFFF; border-bottom:1px solid #FFFFFF" valign=top width=123.8><P style="margin:0px" align=center>22,238,965</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=134.733><P style="margin:0px">Joe Grills</P>
</TD><TD style="margin-top:0px" valign=top width=107.467><P style="margin:0px" align=center>334,438,330</P>
</TD><TD style="margin-top:0px" valign=top width=106.4><P style="margin:0px" align=center>17,893,849</P>
</TD><TD style="margin-top:0px; border-left:1px solid #FFFFFF; border-right:1px solid #FFFFFF; border-bottom:1px solid #FFFFFF" valign=top width=123.8><P style="margin:0px" align=center>22,238,965</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=134.733><P style="margin:0px">David B. Henry</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=107.467><P style="margin:0px" align=center>347,626,131</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=106.4><P style="margin:0px" align=center>4,706,048</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1; border-left:1px solid #FFFFFF; border-right:1px solid #FFFFFF; border-bottom:1px solid #FFFFFF" valign=top width=123.8><P style="margin:0px" align=center>22,238,965</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=134.733><P style="margin:0px">Frank Lourenso</P>
</TD><TD style="margin-top:0px" valign=top width=107.467><P style="margin:0px" align=center>334,445,560</P>
</TD><TD style="margin-top:0px" valign=top width=106.4><P style="margin:0px" align=center>17,886,619</P>
</TD><TD style="margin-top:0px; border-left:1px solid #FFFFFF; border-right:1px solid #FFFFFF; border-bottom:1px solid #FFFFFF" valign=top width=123.8><P style="margin:0px" align=center>22,238,965</P>
</TD></TR>
<TR><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=134.733><P style="margin:0px">Colombe M. Nicholas</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=107.467><P style="margin:0px" align=center>347,415,020</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1" valign=top width=106.4><P style="margin:0px" align=center>4,917,159</P>
</TD><TD style="margin-top:0px; background-color:#DBE5F1; border-left:1px solid #FFFFFF; border-right:1px solid #FFFFFF; border-bottom:1px solid #FFFFFF" valign=top width=123.8><P style="margin:0px" align=center>22,238,965</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=134.733><P style="margin:0px">Richard B. Saltzman</P>
</TD><TD style="margin-top:0px" valign=top width=107.467><P style="margin:0px" align=center>344,615,088</P>
</TD><TD style="margin-top:0px" valign=top width=106.4><P style="margin:0px" align=center>7,717,091</P>
</TD><TD style="margin-top:0px; border-left:1px solid #FFFFFF; border-right:1px solid #FFFFFF; border-bottom:1px solid #FFFFFF" valign=top width=123.8><P style="margin:0px" align=center>22,238,965</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><U>Proposal 2: Advisory Resolution to Approve the Compensation of our Named Executive Officers</U></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Approved, on an advisory basis, the compensation of the Company&#146;s named executive officers as disclosed in the Compensation Discussion and Analysis and the accompanying tables in our 2015 proxy statement. There were 347,090,325 votes for the proposal; 4,522,869 votes against the proposal; 718,985 abstentions; and 22,238,965 broker non-votes.</P>
<P style="margin:0px"><BR></P>
<P style="margin:0px"><U>Proposal 3: Ratification of the Appointment of PricewaterhouseCoopers LLP as the Company&#146;s Independent Registered Public Accounting Firm</U></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px">Ratified the appointment of PricewaterhouseCoopers LLP as the Company&#146;s independent registered public accounting firm for the year ended December 31, 2015. There were 372,681,143 votes for the appointment; 1,340,241 votes against the appointment; 549,760 abstentions; and no broker non-votes. </P>
<P style="margin:0px"><BR></P>
<HR style="margin-bottom:9.6px; padding-top:9.6px" noshade size=1.333>
<P style="margin:0px; page-break-before:always"><BR></P>
<P style="margin:0px; padding-left:25px" align=center><B>SIGNATURES</B></P>
<P style="margin:0px"><BR></P>
<P style="margin:0px; text-indent:48px">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.</P>
<P style="margin:0px"><BR></P>
<TABLE style="margin-top:0px; font-size:10pt" cellpadding=0 cellspacing=0><TR height=0 style="font-size:0"><TD width=319.067 /><TD width=27.467 /><TD width=43.467 /><TD width=240 /></TR>
<TR><TD style="margin-top:0px" valign=top width=319.067><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=310.933 colspan=3><P style="margin:0px"><B>KIMCO REALTY CORPORATION</B></P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=319.067><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=310.933 colspan=3><P style="margin:0px; padding:0px">&nbsp;</P></TD></TR>
<TR><TD style="margin-top:0px" valign=top width=319.067><P style="margin:0px">Date: May 11, 2015</P>
</TD><TD style="margin-top:0px" valign=top width=27.467><P style="margin:0px">By:</P>
</TD><TD style="margin-top:0px; border-bottom:1px solid #000000" valign=bottom width=283.467 colspan=2><P style="margin:0px">/s/ Glenn G. Cohen</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=319.067><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=27.467><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=bottom width=43.467><P style="margin:0px">Name:</P>
</TD><TD style="margin-top:0px" valign=bottom width=240><P style="margin-top:0px; margin-bottom:0.733px">Glenn G. Cohen</P>
</TD></TR>
<TR><TD style="margin-top:0px" valign=top width=319.067><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=27.467><P style="margin:0px; padding:0px">&nbsp;</P></TD><TD style="margin-top:0px" valign=top width=43.467><P style="margin:0px">Title:</P>
</TD><TD style="margin-top:0px" valign=bottom width=240><P style="margin-top:0px; margin-bottom:0.733px">Chief Financial Officer</P>
</TD></TR>
</TABLE>
<P style="margin:0px"><BR></P>

</DIV></BODY>
<!-- EDGAR Validation Code: 96DC985C -->
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
