Current Report Filing (8-k)
27 Aprile 2018 - 10:38PM
Edgar (US Regulatory)
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): April 23, 2018
HOUSTON WIRE & CABLE COMPANY
(Exact name of registrant as specified
in its charter)
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Delaware
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000-52046
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36-4151663
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(State of Incorporation)
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(Commission File Number)
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(IRS employer identification no.)
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10201 North Loop East
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Houston, TX
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77029
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(Address of principal executive offices)
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(Zip code)
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Registrant’s telephone number,
including area code:
(713) 609-2100
Not Applicable
(Former name or former address, if changed
since 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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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
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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.
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Item 5.02.
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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As previously reported, effective April 16, 2018, Nicol G.
Graham retired from his position as Chief Financial Officer and principal accounting officer of Houston Wire & Cable Company
(the “Company”). On April 23, 2018, the Company and Mr. Graham entered into a Retirement and Consulting Agreement dated
April 17, 2018 (the “Agreement”), under which Mr. Graham will serve as a consultant, providing transitional support
and financial, accounting and other services, to the Company for a period of one year ending April 15, 2019.
The Agreement provides that Mr. Graham will receive
a consulting fee of $21,180.53 per month, which is equal to his base salary in effect prior to retirement. The Agreement
also provides for immediate vesting of all unvested shares of restricted stock owned by Mr. Graham, reimbursement of
the differential between the COBRA cost for continuation benefits and the amount currently paid by Mr. Graham for medical
and dental insurance benefits if Mr. Graham elects COBRA coverage and Mr. Graham’s continued use of a Company car and
fuel card during the consulting period. Under the terms of the Agreement, Mr. Graham continues to be bound by the
Company’s Insider Trading Policy and by the noncompetition, confidentiality and intellectual property provisions of his
prior employment agreement, and is obligated to refrain from engaging in business activity in competition with the
Company’s businesses for a period of one year following the end of the consulting period.
The foregoing summary of the Agreement does not purport to
be complete and is qualified in its entirety by reference to the complete text of the Agreement, a copy of which is attached as
Exhibit 10.1 and incorporated herein by reference.
Item 9.01.
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Financial Statements and Exhibits.
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(d) Exhibits
Exhibit
Index
*Attachments have been omitted. The Company agrees
to furnish supplementally a copy of any attachment to the Securities and Exchange Commission upon request.
SIGNATURES
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.
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HOUSTON WIRE & CABLE COMPANY
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Date: April 27, 2018
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By:
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/s/ James L. Pokluda III
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Name: James L. Pokluda III
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Title: President and Chief Executive Officer
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Grafico Azioni Houston Wire and Cable (NASDAQ:HWCC)
Storico
Da Ago 2024 a Set 2024
Grafico Azioni Houston Wire and Cable (NASDAQ:HWCC)
Storico
Da Set 2023 a Set 2024