8-KThe WireRed Alert
Executive Change · Results of Operations
Filed Sep 9, 2020 · 5y ago · Accession 0001104659-20-103487
Plain English
Material event — a significant development the company must disclose promptly.
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Filing text
View original ↗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): September
4, 2020
AMREP CORPORATION
(Exact name of registrant as specified in its charter)
Oklahoma
1-4702
59-0936128
(State or other jurisdiction of
(Commission File
(IRS Employer
incorporation)
Number)
Identification No.)
620 West Germantown Pike, Suite 175
Plymouth Meeting, PA
19462
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number, including
area code: (610) 487-0905
(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 (see General Instruction
A.2. below):
¨
Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communication pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
Title of each class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock $.10 par value
AXR
New 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 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange
Act of 1934 (17 CFR §240.12b-2).
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 2.02 Results of Operations and Financial Condition
On September 9, 2020, AMREP Corporation
issued a press release that reported its results of operations for the three month period ended July 31, 2020. The press
release is being furnished with this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
The information in this Item 2.02 of
this Form 8-K and exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Securities
Exchange Act of 1934, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, except as
shall be expressly set forth by specific reference in such filing.
Item 5.02 Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officer.
On September 4, 2020, Theodore J. Gaasche
resigned as a director of AMREP Corporation (the “Company”) and withdrew as a director nominee for consideration at
the Annual Meeting of Shareholders of the Company to be held on September 10, 2020, and at any continuation or adjournment thereof.
There were no disagreements between the Company and Mr. Gaasche relative to his resignation. In connection with such resignation,
Mr. Gaasche will be issued 12,411 shares of common stock of the Company within 30 days after October 1, 2020 pursuant to an equivalent
number of deferred common share units previously issued to Mr. Gaasche.
Item 5.03 Amendments to Articles of Incorporation or Bylaws;
Change in Fiscal Year.
Prior to September 8, 2020, the Board of
Directors (the “Board”) of the Company was a classified board divided into three classes, namely, Class I, Class II
and Class III; Class I and II each consisted of one director and Class III consisted of two directors. On September 8, 2020, the
Board reduced the size of the Board from four members to three members, reduced the number of Class III directors from two directors
to one director and amended Section 1(a) of Article III of the By-Laws of the Company to provide that the Board consists of three
directors.
Item 9.01 Financial Statements
and Exhibits.
(d) Exhibits.
Exhibit Number
Description
3.1
By-laws, as amended.
99.1
Press Release, dated September 9, 2020, issued by AMREP Corporation.
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.
AMREP Corporation
Date: September 9, 2020
By:
/s/ Christopher V. Vitale
Name: Christopher V. Vitale
Title: President and Chief Executive Officer
EXHIBIT INDEX
Exhibit Number
Description
3.1
By-laws, as amended.
99.1
Press Release, dated September 9, 2020, issued by AMREP Corporation.
Filing details
- Company
- AMREP CORP.
- Ticker
- AXR
- CIK
- 6207
- Form type
- 8-K
- Filing date
- Sep 9, 2020
- Report date
- Sep 4, 2020
- Document
- tm2030000d3_8k.htm
- Size
- 75 KB