Item 5. Other Information
Item 5. Other Information
During the quarter ended March 31, 2025, none of the Company’s directors or officers adopted , terminated or modified any Rule 10b5-1 trading arrangement or non-Rule 10b5-1 trading arrangement (as such terms are defined in Item 408 of Regulation S-K of the Securities Act of 1933).
On April 29, 2025, the Company's Board of Directors approved a new form of the Indemnification Agreement (the “Indemnification Agreement”), to be entered into by the Company’s directors and officers (each, an “Indemnitee”). The Company also expects to enter into similar indemnification agreements with its future directors and officers. The
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Indemnification Agreement replaces and supersedes previous indemnification agreements between the Company and each of its directors and officers.
Consistent with the previous indemnification agreements, the Indemnification Agreement provides that the Company will indemnify each Indemnitee to the maximum extent permitted by Maryland Law in the event the Indemnitee becomes subject to or a participant in certain claims or proceedings related to the Indemnitee’s service as a director or officer of the Company or in its capacity at other specified entities at which the Indemnitee serves at the Company's request. The Company will, subject to certain exceptions, advance an Indemnitee specified indemnifiable expenses incurred in connection with such claims or proceedings. The Indemnification Agreement is in addition to any other rights an Indemnitee may have under the Company’s organizational documents or applicable law.
The foregoing summary description of the Indemnification Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Indemnification Agreement, attached hereto as Exhibit 10.1 and incorporated herein by reference.
Item 6. Exhibits
10.1 Form of Indemnification Agreement
31.1 Certification of Chief Financial Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
31.2 Certification of Chief Executive Officer Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002.
32.1 Certification of Chief Financial Officer Pursuant to 18 U.S.C. Section 1350.
32.2 Certification of Chief Executive Officer Pursuant to 18 U.S.C. Section 1350.
101.INS XBRL Instance Document - the instance document does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.
101.SCH Inline XBRL Taxonomy Extension Schema Document
101.CAL Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.LAB Inline XBRL Taxonomy Extension Label Linkbase Document
101.PRE Inline XBRL Taxonomy Extension Presentation Linkbase Document
101.DEF Inline XBRL Taxonomy Extension Definition Linkbase Document
104 Cover Page Interactive Data File included as Exhibit 101 (embedded within the Inline XBRL document)
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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 thereunto duly authorized.
EQUITY LIFESTYLE PROPERTIES, INC.
Date: April 29, 2025
By: /s/ Marguerite Nader
Marguerite Nader
Vice Chairman and Chief Executive Officer
(Principal Executive Officer)
Date: April 29, 2025
By: /s/ Paul Seavey
Paul Seavey
Executive Vice President and Chief Financial Officer
(Principal Financial Officer)
Date: April 29, 2025
By: /s/ Caroline Karp
Caroline Karp
Senior Vice President and Chief Accounting Officer
(Principal Accounting Officer)
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Text extracted from the filing as submitted to EDGAR. Formatting, tables and exhibits are simplified for reading; the original document is authoritative for anything you rely on.