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| UNITED STATES |
| SECURITIES AND EXCHANGE COMMISSION |
| Washington, D.C. 20549 |
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| FORM 8-K |
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| Current Report |
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| Pursuant to Section 13 or 15(d) of the |
| Securities Exchange Act of 1934 |
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| Date of Report (Date of earliest event reported): |
| March 7, 2017 |
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Commission
File Number | | Exact Name of Registrant as Specified in its Charter, State of Incorporation,
Address of Principal Executive Offices and Telephone Number | | I.R.S. Employer
Identification
No. |
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| 001-32206 | | GREAT PLAINS ENERGY INCORPORATED | | 43-1916803 |
| | | (A Missouri Corporation) | | |
| | | 1200 Main Street | | |
| | | Kansas City, Missouri 64105 | | |
| | | (816) 556-2200 | | |
| | | | | |
| | | NOT APPLICABLE | | |
(Former name or former address,
if changed since last report) |
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| 000-51873 | | KANSAS CITY POWER & LIGHT COMPANY | | 44-0308720 |
| | | (A Missouri Corporation) | | |
| | | 1200 Main Street | | |
| | | Kansas City, Missouri 64105 | | |
| | | (816) 556-2200 | | |
| | | | | |
| | | 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:
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| [ ] | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| [ ] | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| [ ] | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act |
| | (17 CFR 240.14d-2(b)) |
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| [ ] | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
This combined Current Report on Form 8-K is being filed by Great Plains Energy Incorporated (Great Plains Energy) and Kansas City Power & Light Company (KCP&L). KCP&L is a wholly-owned subsidiary of Great Plains Energy and represents a significant portion of its assets, liabilities, revenues, expenses and operations. Thus, all information contained in this report relates to, and is filed by, Great Plains Energy. Information that is specifically identified in this report as relating solely to Great Plains Energy, does not relate to, and is not filed by, KCP&L. KCP&L makes no representation as to that information.
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| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers Compensation Actions |
On March 7, 2017, Great Plains Energy and KCP&L entered into a letter agreement with Michael L. Deggendorf, a former executive officer and current named executive officer of Great Plains Energy. The agreement provides for, among other things: (a) the forfeiture of all performance share grants made to Mr. Deggendorf in 2014, 2015, and 2016; (b) the vesting, on a prorated basis, of restricted stock grants made to Mr. Deggendorf in 2014, 2015 and 2016; (c) the payment of Mr. Deggendorf’s 2016 annual incentive plan award on a prorated basis; and (d) a general cross-release of claims.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrants have duly caused this report to be signed on their behalf by the undersigned hereunto duly authorized.
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| | GREAT PLAINS ENERGY INCORPORATED |
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| | /s/ Ellen E. Fairchild |
| | Ellen E. Fairchild |
| | Vice President, Chief Compliance Officer and Corporate Secretary |
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| | KANSAS CITY POWER & LIGHT COMPANY |
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| | /s/ Ellen E. Fairchild |
| | Ellen E. Fairchild |
| | Vice President, Chief Compliance Officer and Corporate Secretary |
Date: March 13, 2017
