Healthcare Realty Trust Inc
For the period ended Dec 31, 2023. Filed Apr 9, 2024.
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What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Dec 31, 2023 · Filed Apr 9, 2024
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 14A
(Rule 14a-101)
INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
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3310 West End Avenue, Suite 700
Nashville, Tennessee 37203
P 615.269.8175 F 615.269.8461
www.healthcarerealty.com
Annual Meeting
of Stockholders
TO OUR STOCKHOLDERS:
You are cordially invited to attend the 2024 annual meeting of stockholders of Healthcare Realty Trust Incorporated (the "Company"), to be held on May 21, 2024, at 10:00 a.m. (local time) at the Company's corporate offices, located at 3310 West End Avenue, Suite 700, Nashville, Tennessee 37203.
The following pages contain the formal notice of the annual meeting and our proxy statement, which describe the specific business to be considered and voted upon at the annual meeting. Whether or not you plan to attend the meeting, we would greatly appreciate your efforts to vote your shares as soon as possible by following the instructions located in the Notice of Internet Availability of Proxy Materials sent to you or in our proxy statement. If you attend the meeting and wish to vote in person, you may withdraw your proxy and vote your shares personally.
Sincerely,
John Knox Singleton
Chairman of the Board of Directors
3310 West End Avenue, Suite 700
Nashville, Tennessee 37203
P 615.269.8175 F 615.269.8461
www.healthcarerealty.com
Notice of Annual Meeting
of Stockholders
TO OUR STOCKHOLDERS:
The annual meeting of stockholders of Healthcare Realty Trust Incorporated (the “Company”) will be held on Tuesday, May 21, 2024, at 10:00 a.m. (local time) at the Company's corporate offices, located at 3310 West End Avenue, Suite 700, Nashville, Tennessee 37203, for the following purposes:
(1)To elect eleven nominees as directors to serve one-year terms expiring at the 2025 annual meeting of stockholders or until their successors are duly elected and qualified;
(2)To ratify the appointment of BDO USA, P.C. as the independent registered public accounting firm for the Company and its subsidiaries for the Company’s 2024 fiscal year;
(3)To vote to approve, on a non-binding advisory basis, a resolution approving the Company’s compensation of its named executive officers as disclosed pursuant to Item 402 of Regulation S-K; and
(4)To transact any other business that properly comes before the meeting or any postponement or adjournment thereof.
The Board recommends that the stockholders vote FOR the election of the nominees to the Board of Directors and FOR each of proposals 2 and 3 listed above. Holders of record of the Company’s common stock at the close of business on March 28, 2024 are entitled to vote at the meeting or at any postponement or adjournment of the meeting.
By order of the Board of Directors,
Andrew E. Loope
Senior Vice President, Corporate Counsel and Secretary
Proxy Statement
Proposal Overview
| Page 2 | Proposal 1 |
|---|---|
| Election of Directors | |
| BOARD RECOMMENDATION: | Vote FOR |
| Page 17 | Proposal 2 |
|---|---|
| Ratification of Appointment of Independent Registered Public Accounting Firm | |
| BOARD RECOMMENDATION: | Vote FOR |
| Page 45 | Proposal 3 |
|---|---|
| Non-Binding Advisory Vote on Executive Compensation | |
| BOARD RECOMMENDATION: | Vote FOR |
Table of Contents
| Proxy Statement | 1 |
| Proposal 1 - Election of Directors | 2 |
| Corporate Governance | 8 |
| Security Ownership of Certain Beneficial Owners and Management | 15 |
| Proposal 2 - Ratification of Appointment of Independent Registered Public Accounting Firm | 17 |
| Audit Committee Report | 18 |
| Compensation Discussion and Analysis | 20 |
| Compensation Committee Report | 32 |
| Executive Compensation (includes CEO Pay Ratio and Pay Versus Performance) | 33 |
| Proposal 3 - Non-Binding Advisory Vote on Executive Compensation | 46 |
| Director Compensation | 47 |
| Certain Relationships and Related Transactions | 49 |
| Compensation Committee Interlocks and Insider Participation | 50 |
| Use of Non-GAAP Financial Measures; Reconciliations | 50 |
| General Information | 55 |
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