8-KThe WireRed Alert
Executive Change
Filed Oct 12, 2021 · 4y ago · Accession 0001628280-21-019966
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗Securities and Exchange Commission.
Ms. Bisaccia will receive the standard non-employee director compensation for serving on the Board, representing the pro-rata portions of the annual non-employee cash retainer of $80,000 and annual non-employee equity retainer valued at $80,000 for the October 2021 through May 2022 term. The number of shares comprising the equity retainer will be determined based upon the closing sale price of the Company’s common stock on October 14, 2021, and will be issued to Ms. Bisaccia on October 15, 2021 upon commencement of her service. The shares will be issued under the 2013 Stock and Incentive Compensation Plan ("SICP"), as amended, and will be fully vested as of the date of the issuance. The terms of the SICP are fully described in the Company’s Proxy Statement dated March 29, 2013, in connection with the Company’s 2013 Annual Meeting of Stockholders filed with the Securities and Exchange Commission on April 2, 2013. Ms. Bisaccia will also be reimbursed for normal business expenses incurred in connection with attending meetings and performing other Board-related services.
There is no arrangement or understanding between Ms. Bisaccia and any other person pursuant to which Ms. Bisaccia was appointed as one of our directors. There are no transactions between Ms. Bisaccia, on the one hand, and the Company on the other, that would be required to be reported under Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended.
A copy of the Company’s press release regarding Ms. Bisaccia’s appointment, which was issued on October 12, 2021, is attached as Exhibit 99.1 and includes biographical information for Ms. Bisaccia.
Item 9.01 Financial Statements and Exhibits.
Exhibit 99.1 — Press Release of Chesapeake Utilities Corporation, dated October 12, 2021.
Exhibit 104 - Cover Page Interactive Data File (formatted as inline XBRL and contained in Exhibit 101).
SIGNATURE
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.
C HESAPEAKE U TILITIES C ORPORATION
/s/ Beth W. Cooper
Beth W. Cooper
Executive Vice President, Chief Financial Officer, and Assistant Corporate Secretary
Date: October 12, 2021
Filing details
- Company
- CHESAPEAKE UTILITIES CORP
- Ticker
- CPK
- CIK
- 19745
- Form type
- 8-K
- Filing date
- Oct 12, 2021
- Report date
- Oct 6, 2021
- Document
- wk-20211006.htm
- Size
- 675 KB