Current Report Filing (8-k)
February 27 2017 - 1:13PM
Edgar (US Regulatory)
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): February 21, 2017
DUCOMMUN INCORPORATED
(Exact Name of Registrant as Specified in Charter)
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Delaware
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001-08174
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95-0693330
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(State or Other Jurisdiction
of Incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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23301 Wilmington Avenue,
Carson, California
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90745-6209
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrants telephone number, including area code: (310) 513-7200
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 (see General Instruction A.2. below):
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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))
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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(e) On February 21, 2017, the Compensation Committee of the Board of Directors (the Compensation Committee) of Ducommun
Incorporated approved the 2017 Bonus Plan (the Plan) in the form attached hereto as Exhibit 99.1. The Plan is an annual cash bonus plan under which a bonus pool is funded based on the Companys net income, operating income and cash
flow relative to targets. Participants in the Plan are the chief executive officer, the executive chairman and the other officers of the Company. Bonus awards under the Plan range from zero to 300% of salary depending on position. Bonus awards are
subject to the approval of the Compensation Committee. Bonus awards are based on a combination of the Companys financial performance and the individual performance of the officers. The Compensation Committee, in its discretion, may award
bonuses even if the Plans financial minimums are not achieved.
Item 9.01
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Financial Statements and Exhibits.
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99.1
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Ducommun Incorporated 2017 Bonus Plan
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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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DUCOMMUN INCORPORATED
(Registrant)
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Date: February 27, 2017
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By:
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/s/ James S. Heiser
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James S. Heiser
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Vice President and General Counsel
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