0000065270 false 0000065270 2020-11-12 2020-11-12

 

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): November 12, 2020

 

METHODE ELECTRONICS, INC.

(Exact name of Registrant as Specified in Its Charter)

 

 

Delaware

001-33731

36-2090085

(State or Other Jurisdiction

of Incorporation)

(Commission File Number)

(IRS Employer

Identification No.)

 

 

 

8750 West Bryn Mawr Avenue,

Chicago, IL

 

60631

(Address of Principal Executive Offices)

 

(Zip Code)

Registrant’s Telephone Number, Including Area Code: (708) 867-6777

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))

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, $0.50 par value

 

MEI

 

New York Stock Exchange

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 Rule 12b-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. 

 

 

 

 


 

Item 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

On November 12, 2020, Methode Electronics, Inc. (“Methode”) adopted an amendment and restatement of the Methode Electronics, Inc. Deferred Compensation Plan (the “Plan”), as authorized by the Board of Directors. The Plan permits our directors and a select group of key employees to defer receiving certain compensation. Employees may defer all or a portion of their annual base salaries, annual performance-based cash awards and/or long-term incentive cash awards.  Directors may defer all or a portion of their annual directors’ fees.  The Plan was amended and restated to add the ability for directors to also defer all or a portion of their annual stock awards.  A copy of the Plan is included as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01Financial Statements and Exhibits.

‎(d)‎Exhibits.

 

10.1Methode Electronics, Inc. Deferred Compensation Plan, as amended and restated as of November 12, 2020

104Cover Page Interactive Data File (embedded within the Inline XBRL document)

 


 

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 thereunto duly authorized.

 

 

 

Company Name

 

 

 

 

Date: November 13, 2020

 

By:

/s/ Ronald L.G. Tsoumas

 

 

 

Ronald L.G. Tsoumas

 

 

 

Chief Financial Officer

 

 

Methode Electronics (NYSE:MEI)
Historical Stock Chart
From Feb 2024 to Mar 2024 Click Here for more Methode Electronics Charts.
Methode Electronics (NYSE:MEI)
Historical Stock Chart
From Mar 2023 to Mar 2024 Click Here for more Methode Electronics Charts.