SEC Info - Welbilt, Inc. - ‘8-K’ for 3/18/20

i false i 0001650962 0001650962 2020-03-18 2020-03-18

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 18, 2020

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i Welbilt, Inc.

(Exact name of registrant as specified in its charter)

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i Delaware	i 1-37548	i 47-4625716
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

i 2227 Welbilt Boulevard, i New Port Richey, i Florida i 34655

(Address of principal executive offices) (ZIP code)

( i 727) i 375-7010

(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:



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, $0.01 par value	i WBT	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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 18, 2020, the Board of Directors of Welbilt, Inc. (the "Company") approved the separation of Josef Matosevic from the Company, including Mr. Matosevic's resignation from his position as Executive Vice President and Chief Operating Officer. Mr. Matosevic is expected to cease his employment with the Company effective May 1, 2020, and will receive the compensation and benefits provided for in the event of a termination of employment without “Cause” under the Welbilt, Inc. Executive Severance Policy, the terms of which were previously disclosed.

Item 7.01. Regulation FD Disclosure.

On March 24, 2020, the Company issued a press release announcing changes in its management structure, including the departure of Mr. Matosevic. The full text of the press release is furnished herewith as Exhibit 99.1 and is incorporated herein by reference.

The information furnished pursuant to Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to liabilities under that section and shall not be deemed to be incorporated by reference into any document filed under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, regardless of any general incorporation language in such filing.


Item 9.01.	Financial Statements and Exhibits.


(d)	Exhibits.



Exhibit No.		Description

99.1		Press Release, dated March 24, 2020, announcing changes in management of Welbilt, Inc.
101		Interactive data files pursuant to Rule 405 of Regulation S-T, formatted in Inline Extensible Business Reporting Language ("iXBRL").
104		Cover page interactive data file (formatted in iXBRL and contained in Exhibit 101).

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.



	WELBILT, INC.



Date: March 24, 2020	By:	/s/ *Martin D. Agard*
		Martin D. Agard
		Executive Vice President and Chief Financial Officer

This ‘8-K’ Filing	Date	Other Filings

	5/1/20	None on these Dates
Filed on:	3/24/20
For Period end:	3/18/20
		List all Filings

Welbilt, Inc. – ‘8-K’ for 3/18/20

On: Tuesday, 3/24/20, at 6:06am ET · For: 3/18/20 · Accession #: 1650962-20-60 · File #: 1-37548

Previous ‘8-K’: ‘8-K’ on / for 3/23/20 · Next: ‘8-K’ on / for 4/6/20 · Latest: ‘8-K’ on 7/29/22 for 7/28/22

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

‘8-K’ — Current Report

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Dates Referenced Herein and Documents Incorporated by Reference

Welbilt, Inc. – ‘8-K’ for 3/18/20

On: Tuesday, 3/24/20, at 6:06am ET · For: 3/18/20 · Accession #: 1650962-20-60 · File #: 1-37548

Previous ‘8-K’: ‘8-K’ on / for 3/23/20 · Next: ‘8-K’ on / for 4/6/20 · Latest: ‘8-K’ on 7/29/22 for 7/28/22

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

‘8-K’ — Current Report

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

Dates Referenced Herein and Documents Incorporated by Reference

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