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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Xerium Technologies New (delisted) | NYSE:XRM | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 13.49 | 0 | 01:00:00 |
FORM 8-K | ||||
XERIUM TECHNOLOGIES, INC. | ||||
(Exact name of registrant as specified in its charter) | ||||
Delaware | 001-32498 | 42-1558674 | ||
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
14101 Capital Boulevard, Youngsville, NC 27596 | ||||
(Address of Principal Executive Offices)(Zip Code) | ||||
Registrant's telephone number, including area code: (919) 526-1400 | ||||
(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): | ||||
£ 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 5.02 | Departure or Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
• | 111,194 of the Original Time-Based RSUs granted to Mr. Bevis as part of the Original Grant (representing that portion of the Original Time-Based RSUs that exceeds 150,000 shares) are void; and |
• | effective January 29, 2015, Mr. Bevis is granted a new award of 111,194 time-based RSUs (the "New Time-Based RSUs), which RSUs shall vest on March 15, 2016 assuming his continued employment with the Company, and which shall be settled in the form of common shares. The New Time-Based RSUs shall be subject to early acceleration and payment consistent with the terms of the Original Time-Based RSUs as set forth in the Company’s 2013-2015 Long Term Incentive Plan and LTIP Share Agreement thereunder, a copy of which is included as Exhibit 10.4 to its Quarterly Report on Form 10-Q filed on August 1, 2013. |
XERIUM TECHNOLOGIES, INC. | ||||
Date: | January 30, 2015 | By: | /s/ Clifford E. Pietrafitta | |
Name: | Clifford E. Pietrafitta | |||
Title: | Executive Vice President and CFO |
1 Year Xerium Chart |
1 Month Xerium Chart |
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