hookerfurn20190613_8k.htm

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): June 12, 2019

 


 

HOOKER FURNITURE CORPORATION
(Exact name of registrant as specified in its charter)

 

Virginia

000-25349

54-0251350

(State or other jurisdiction of

incorporation or organization)

(Commission File No.)

(I.R.S. Employer

Identification No.)

 

 

 

 

 

 

440 East Commonwealth Boulevard,

Martinsville, Virginia

24112

(276) 632-2133

(Address of principal executive offices)

 (Zip Code)

 (Registrant’s telephone number,

including area code)

 


 

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))

 

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, no par value

HOFT

NASDAQ Global Select Market

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). 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.

 

On June 12, 2019, Michael W. Delgatti, Jr., President- Hooker Domestic Upholstery and Emerging Channels, informed the Company of his plans to retire from his position on January 31, 2020, the last business day of the Company’s current fiscal year.

 

Item 5.07. Submission of Matters to a Vote of Security Holders.

 

At the Annual Meeting of Shareholders of Hooker Furniture Corporation (the “Company”) held on June 12, 2019, shareholders voted on the matters described below:

 

 

1.

The Company’s shareholders elected each of the following eight directors to serve a one-year term on the Company’s Board of Directors by the following vote:

 

Director

 

For

 

Withheld

 

Non-votes

Paul B. Toms, Jr.

 

9,244,631

 

283,335

 

1,148,312

W. Christopher Beeler, Jr.

9,070,076

 

457,890

 

1,148,312

Paulette Garafalo

 

9,357,976

 

169,990

 

1,148,312

John L. Gregory, III

 

9,061,328

 

466,638

 

1,148,312

Tonya H. Jackson

 

9,355,876

 

172,090

 

1,148,312

E. Larry Ryder

 

9,344,850

 

183,116

 

1,148,312

Ellen C. Taaffe

 

9,257,625

 

270,341

 

1,148,312

Henry G. Williamson, Jr.

 

9,250,020

 

277,946

 

1,148,312

 

 

2.

The Company’s shareholders ratified the selection of KPMG LLP as the Company’s independent registered public accounting firm for the fiscal year ending February 2, 2020 by the following vote:

 

Votes For

 

Votes Against

 

Abstain

 

Broker Non-votes

10,558,198

 

106,586

 

11,494

 

-

 

 

 

3.

The Company’s shareholders approved, on an advisory basis, the executive compensation program for its named executive officers as disclosed in the Company’s Proxy Statement for the Annual Meeting. The proposal was approved by the following vote:

 

Votes For

 

Votes Against

 

Abstain

 

Broker Non-votes

9,421,159

 

75,476

 

31,331

 

1,148,312

 

 

 

 

Signature

 

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.

 

 

HOOKER FURNITURE CORPORATION

 

 

 

 

 

 

 

 

 

 

By:

/s/ Paul A. Huckfeldt

 

 

 

Paul A. Huckfeldt

 

 

 

Chief Financial Officer and

Senior Vice-President – Finance and Accounting

 

       
Date: June 14, 2019