Crawford United (CRAWA) 8-K Entry into a Material Definitive Agreement

UNITED STATES
SECURITIES AND EXCHANGE  COMMISSION
WASHINGTON, DC 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)      June 20, 2014                                                  

                                                 HICKOK INCORPORATED                                                        
(Exact name of registrant as specified in its charter)

                 Ohio              
(State or other jurisdiction
of incorporation)
                 0-147                
(Commission
File Number)
         34-0288470      
(IRS Employer
Identification No.)

    10514 Dupont Avenue      Cleveland, Ohio                                                                                44108
    (Address of principal executive offices)                                                                             (Zip Code)


Registrant's telephone number, including area code        (216) 541-8060                                              


                                                      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:

[  ] 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))

Item 1.01    Entry into a Material Definitive Agreement.

The information provided in item 2.03 is incorporated herein by reference.

Item 2.03    Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet Arrangement of a Registrant.

On June 20, 2014, Hickok Incorporated (the "Company") entered into an unsecured Credit Promissory Note (the "Note") with Robert L. Bauman (the "Lender") in the aggregate principal amount of $200,000.  The Note shall become due and payable in full at the discretion of Lender. The interest rate applicable to the principal amount of the Note is 4% per annum, computed on a monthly basis, until such principal amount is paid in full.  Lender is a director of the Company, as well as its President and Chief Executive Officer.

A copy of the Note is included as Exhibit 10.7 to this Current Report on Form 8-K, and the above summary is qualified in its entirety by reference to such Exhibit.

Item 9.01    Financial Statements and Exhibits.
     

(d) Exhibits.

Exhibit Number	Description of Exhibit
10.7	Credit Promissory Note between the Company and Robert L. Bauman, dated June 20, 2014.

           

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.

HICKOK INCORPORATED                    

By:  /s/ Robert L. Bauman                        
Robert L. Bauman                            
   President and CEO                          

Date:    June 23, 2014

EXHIBIT INDEX

Exhibit Number	Description of Exhibit
10.7	Credit Promissory Note between the Company and Robert L. Bauman, dated June 20, 2014.