Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): November 11, 2021
COLUMBUS MCKINNON CORPORATION
(Exact name of registrant as specified in its charter)
New York
(State or other jurisdiction of incorporation)
001-34362
16-0547600
(Commission File Number)
(IRS Employer Identification No.)
205 Crosspoint Parkway
Buffalo
NY
14068
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number including area code: (716) 689-5400
_________________________________________________
(Former name or former address, if changed since last report)
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, $0.01 par value per share
CMCO
Nasdaq Global Select Market
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)
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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))
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).
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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 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) On November 11, 2021, Columbus McKinnon Corporation (the “Company”) announced the election of Gerald Colella and Chad Abraham to its Board of Directors (the “Board”), effective November 11, 2021. Mr. Colella will serve on the Board’s Compensation Committee and on the Board’s Governance and Nomination Committee. Mr. Abraham will serve on the Board’s Audit Committee and on the Board’s Governance and Nomination Committee. Mr. Colella and Mr. Abraham will each participate in the Company’s standard outside director compensation program. Pursuant to this program for fiscal year 2022, each member of the Board, who is not an employee of the Company, receives an annual cash retainer in the amount of $80,000 and an equity award in the amount of $120,000. In addition, each director receives reimbursement for the expenses he or she incurs in attending all Board and committee meetings. Mr. Colella’s and Mr. Abraham’s terms as director will continue until the next annual meeting of shareholders and until their successors are elected and qualified or until their earlier death, resignation or removal.
Item 7.01
Regulation FD Disclosure.
A copy of the press release announcing the election of these new directors is attached as Exhibit 99.1 to this Current Report on Form 8-K.
Cover Page Interactive Data File (the cover page XBRL tags are 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 hereunto duly authorized.
