8-KThe WireRed Alert
Executive Change
Filed Feb 4, 2022 · 4y ago · Accession 0001193125-22-028457
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): February 4, 2022
Stanley Black & Decker, Inc.
(Exact Name of Registrant as Specified in its Charter)
Connecticut
1-5224
06-0548860
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification No.)
1000 Stanley Drive , New Britain ,
Connecticut
06053
(Address of principal executive offices)
(Zip Code)
Registrant’s telephone number including area code: (860) 225-5111
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 (see General Instruction A.2. below):
☐
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 - $2.50 Par Value per Share
SWK
New York Stock Exchange
Corporate Units
SWT
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.
Jeffery D. Ansell, who had transitioned from his position as Executive Vice President to the role of strategic advisor to the Company as of January 1, 2022, has exited the Company, effective February 4, 2022. Pursuant to an “Agreement and General Release” (“Separation Agreement”) between the Company and Mr. Ansell, his unvested Company stock options and other stock awards terminated upon his exit from the Company, and the Company agreed that he may exercise any stock options, and retain any restricted stock units, that vested before his exit. Mr. Ansell provided a general release to the Company and agreed to comply with the terms of his April 2012 Employee Restrictive Covenant Agreement, as modified by his employment and separation agreements. For further information regarding the Separation Agreement, please refer to the full text of the agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
Exhibit
Number
Description
10.1
Agreement and General Release, by and between Jeffery D. Ansell and Stanley Black & Decker, Inc., dated as of February 4, 2022.
104
Cover Page Interactive Data File (formatted as inline XBRL)
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.
Stanley Black & Decker, Inc.
By:
/s/ Janet M. Link
Name: Janet M. Link
Title: Senior Vice President, General Counsel and Secretary
Dated: February 4, 2022
Filing details
- Company
- STANLEY BLACK & DECKER, INC.
- Ticker
- SWK
- CIK
- 93556
- Form type
- 8-K
- Filing date
- Feb 4, 2022
- Report date
- Feb 4, 2022
- Document
- d60738d8k.htm
- Size
- 236 KB