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 2, 2021
HOOKER FURNITURE CORPORATION
(Exact name of registrant as specified in its charter)
Virginia | 000-25349 | 54-0251350 |
(State or other jurisdiction of incorporation or organization) | (Commission File No.) | (I.R.S. Employer
Identification No.) |
| | | |
440 East Commonwealth Boulevard, Martinsville, Virginia | 24112 | (276) 632-2133 |
(Address of principal executive offices) | (Zip Code) | (Registrant’s telephone number, including area code) |
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, no par value | HOFT | NASDAQ Global Select Market |
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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On September 2, 2021, Hooker Furniture Corporation (the “Company”) and D. Lee Boone, President of the Company’s Home Meridian segment, reached an agreement separating Mr. Boone from the Company effective immediately. Terms of separation “without cause” are outlined in the Company’s employment agreement with Mr. Boone dated June 25, 2018, and included with the Company’s Form 10-Q filed on December 6, 2018.
“We are making this change as part of a larger effort to reorganize and realign the Home Meridian segment while reducing operating costs and improving segment profitability,” said Jeremy Hoff, CEO of Hooker Furniture Corporation.
“Lee has been an integral part of Home Meridian for over nine and one-half years and has served in several key roles during his tenure,” Hoff said. “He has served as President of the Home Meridian segment for the last nine months, served as Co-President of HMI for two and one-half years and President of Home Meridian’s Samuel Lawrence Furniture division before that. His contributions to the Company are significant and long-lasting. We thank him for his service and wish him well in his future endeavors,” Hoff concluded.
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.
| | HOOKER FURNITURE CORPORATION |
| | | | |
| | | | |
| | By: | /s/ Paul A. Huckfeldt | |
| | | Paul A. Huckfeldt | |
| | | Chief Financial Officer and Senior Vice-President – Finance and Accounting |
Date: September 9, 2021
0001077688 2021-09-02 2021-09-02
