SEC Info℠  
    Home      Search      My Interests      Help      Sign In      Please Sign In

Thermon Group Holdings, Inc. – ‘8-K’ for 3/31/20

On:  Wednesday, 4/1/20, at 4:40pm ET   ·   For:  3/31/20   ·   Accession #:  1489096-20-41   ·   File #:  1-35159

Previous ‘8-K’:  ‘8-K’ on 3/11/20 for 3/6/20   ·   Next:  ‘8-K’ on 4/24/20 for 4/16/20   ·   Latest:  ‘8-K’ on 4/3/24 for 3/28/24

Find Words in Filings emoji
 		  in    Show  and   ↓Hints

  As Of               Filer                 Filing    For·On·As Docs:Size

 4/01/20  Thermon Group Holdings, Inc.      8-K:7       3/31/20   12:184K

Current Report   —   Form 8-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 8-K         Current Report                                      HTML     31K 
11: R1          Cover Page Cover Page                               HTML     50K 
 9: XML         IDEA XML File -- Filing Summary                      XML     12K 
12: XML         XBRL Instance -- a8-kxexecutivesalaryre_htm          XML     15K 
 8: EXCEL       IDEA Workbook of Financial Reports                  XLSX      6K 
 3: EX-101.CAL  XBRL Calculations -- thr-20200331_cal                XML      7K 
 4: EX-101.DEF  XBRL Definitions -- thr-20200331_def                 XML      9K 
 5: EX-101.LAB  XBRL Labels -- thr-20200331_lab                      XML     71K 
 6: EX-101.PRE  XBRL Presentations -- thr-20200331_pre               XML     38K 
 2: EX-101.SCH  XBRL Schema -- thr-20200331                          XSD     15K 
 7: JSON        XBRL Instance as JSON Data -- MetaLinks               13±    19K 
10: ZIP         XBRL Zipped Folder -- 0001489096-20-000041-xbrl      Zip     13K

‘8-K’   —   Current Report

This is an HTML Document rendered as filed.  [ Alternative Formats ]

 iX:   C:   C:   C: 
  Document  
 i false i 0001489096 0001489096 2020-03-31 2020-03-31


UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM  i 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):  i March 31, 2020
 i THERMON GROUP HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
 i DE
 i 001-35159
 i 27-2228185
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification Number)
 i 7171 Southwest Parkway
 
 
 i Building 300,
 i Suite 200
 
 
 i Austin
 i TX
 
 i 78735
(Address of principal executive offices)
 
(Zip code)

Registrant’s telephone number, including area code: ( i 512)  i 690-0600
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:
 i ☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 i ☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 i ☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 i ☐
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
 
 i Common Stock, $0.001 par value per share
 
 i THR
 
 i 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  i ☐
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 7.01
Regulation FD Disclosure.

On March 31, 2020, Bruce Thames, president and chief executive officer of Thermon Group Holdings, Inc. (the “Company”), and Jay Peterson, chief financial officer of the Company, each requested a voluntary reduction of ten (10) percent of base salary, effective April 1, 2020. In addition, each of the senior vice presidents of the Company (including the remaining named executive officers) has requested a voluntary reduction of five (5) percent of base salary, effective April 1, 2020. The reduced base salaries will be used for purposes of calculating awards and payments under the Company’s salary-based compensation and benefit plans for the Company’s fiscal year ended March 31, 2021 and continue for a period of at least one year or until otherwise agreed to by the executive and the Compensation Committee of the Board of Directors of the Company (the “Committee”). On March 31, 2020, the Committee approved these reductions in base salaries (the "Salary Reductions"). These individuals requested the Salary Reductions in light of current market conditions, including the recent COVID-19 pandemic and volatile commodity prices, and ongoing cost control efforts.

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.

 
 
THERMON GROUP HOLDINGS, INC.
 
 
 
 
Date: April 1, 2020
 
By:
/s/ Ryan Tarkington
 
 
Name:
Ryan Tarkington
 
 
Title:
General Counsel & Corporate Secretary



Dates Referenced Herein   and   Documents Incorporated by Reference

This ‘8-K’ Filing    Date    Other Filings
3/31/21
Filed on:4/1/204
For Period end:3/31/2010-K,  4,  4/A
 List all Filings 
↑Top
Filing Submission 0001489096-20-000041   –   Alternative Formats (Word / Rich Text, HTML, Plain Text, et al.)
Copyright © 2024 Fran Finnegan & Company LLC – All Rights Reserved.
About — Privacy — Redactions — Help — Fri., Apr. 26, 8:52:56.2pm ET