8-KThe WireRed Alert
Executive Change
Filed Sep 6, 2019 · 6y ago · Accession 0001193125-19-239355
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
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): August 30, 2019
UNIFI, INC.
(Exact name of registrant as specified in its charter)
New York
1-10542
11-2165495
(State or other jurisdiction
of incorporation)
(Commission
File
Number)
(IRS Employer
Identification No.)
7201 West Friendly Avenue
Greensboro, North Carolina 27410
(Address of
principal executive offices)(Zip Code)
Registrants telephone number, including area code: (336)
294-4410
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:
☐
Written communications 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 communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications 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, par value $0.10 per share
UFI
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
(§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 ☐
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 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On August 30, 2019, Unifi, Inc. (the Company) and Richard E. Gerstein, the
Companys Executive Vice President, REPREVE Future Strategy & Global Chief Marketing Officer, mutually agreed that Mr. Gerstein would resign from such position, effective on such date. Subject to his execution of a general release
of claims in favor of the Company and continuing compliance with certain restrictive covenants, Mr. Gerstein will be entitled to receive severance payments and health and welfare benefits consistent with the terms of his employment agreement. A
copy of Mr. Gersteins employment agreement was attached as Exhibit 10.24 to the Companys Annual Report on Form 10-K filed with the Securities and Exchange Commission on September 1,
2017.
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.
UNIFI, INC.
Date: September 6, 2019
By:
/s/ THOMAS H. CAUDLE, JR.
Thomas H. Caudle, Jr.
President & Chief Operating
Officer
Filing details
- Company
- UNIFI INC
- Ticker
- UFI
- CIK
- 100726
- Form type
- 8-K
- Filing date
- Sep 6, 2019
- Report date
- Aug 30, 2019
- Document
- d763285d8k.htm
- Size
- 16 KB