UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 3, 2017
UNIFI, INC.
(Exact name of registrant as specified in its charter)
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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)
Registrant’s telephone number, including area code: (336)294-4410
Check the appropriate box below if the Form8-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 Rule14a-12 under the Exchange Act (17 CFR240.14a-12) |
☐ | Pre-commencement communications pursuant to Rule14d-2(b) under the Exchange Act (17 CFR240.14d-2(b)) |
☐ | Pre-commencement communications pursuant to Rule13e-4(c) under the Exchange Act (17 CFR240.13e-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 Rule12b-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. ☐
EXPLANATORY NOTE
This Amendment No. 1 amends the Current Report on Form8-K (the “Original8-K”) Unifi, Inc. (the “Company”) filed with the Securities and Exchange Commission on May 4, 2017, regarding, among other things, the appointment of Kevin D. Hall as Chief Executive Officer of the Company and his election as a member of the Board of Directors of the Company (the “Board”), to report that the Company and Mr. Hall entered into an amendment (the “Amendment”) to his Employment Agreement with the Company (the “Employment Agreement”) to accelerate the start date of Mr. Hall’s employment with the Company and his election as a member of the Board. The disclosure included in the Original8-K otherwise remains unchanged.
Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 19, 2017, the Company and Mr. Hall entered into the Amendment to the Employment Agreement to accelerate the start date of his employment as Chief Executive Officer of the Company and his election as a member of the Board to make each effective as of that same date (the “Amended Start Date”). All other terms of the Employment Agreement remain unchanged.
As reported in the Original8-K, pursuant to the terms of the Employment Agreement, Mr. Hall received on the Amended Start Date an award of (i) options to purchase 25,000 shares of the Company’s common stock and (ii) restricted stock units representing 75,000 shares of the Company’s common stock. A copy of the Employment Agreement was filed as Exhibit 10.1 to the Original8-K.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by the contents of the Amendment, a copy of which is attached hereto as Exhibit 10.1 and is incorporated into this Item 5.02 by reference.
Item 9.01. | Financial Statements and Exhibits. |
(d)Exhibits.
The following exhibit is filed herewith:
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Exhibit No. | | Description |
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10.1 | | Amendment No. 1 to Employment Agreement for Kevin D. Hall, dated May 19, 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.
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| | | | UNIFI, INC. |
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Date: May 19, 2017 | | | | By: | | /s/ THOMAS H. CAUDLE, JR. |
| | | | | | Thomas H. Caudle, Jr. |
| | | | | | President |
EXHIBIT INDEX
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Exhibit No. | | Description |
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10.1 | | Amendment No. 1 to Employment Agreement for Kevin D. Hall, dated May 19, 2017. |