Current Report — Form 8-K Filing Table of Contents
Document/ExhibitDescriptionPagesSize 1: 8-K Current Report HTML 32K
2: EX-99.1 Miscellaneous Exhibit HTML 17K
9: R1 Document and Entity Information Document HTML 48K
11: XML IDEA XML File -- Filing Summary XML 12K
8: XML XBRL Instance -- aan-20210416_htm XML 22K
10: EXCEL IDEA Workbook of Financial Reports XLSX 6K
4: EX-101.CAL XBRL Calculations -- aan-20210416_cal XML 7K
5: EX-101.DEF XBRL Definitions -- aan-20210416_def XML 9K
6: EX-101.LAB XBRL Labels -- aan-20210416_lab XML 70K
7: EX-101.PRE XBRL Presentations -- aan-20210416_pre XML 35K
3: EX-101.SCH XBRL Schema -- aan-20210416 XSD 11K
12: JSON XBRL Instance as JSON Data -- MetaLinks 12± 19K
13: ZIP XBRL Zipped Folder -- 0001821393-21-000036-xbrl Zip 18K
Registrant’s telephone number, including area code: (i678) i402-3000
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 (see General Instruction A.2. below):
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
Name of each exchange on which registered
iCommon
Stock, $0.50 Par Value
iAAN
iNew 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 April 13, 2021, the Board of Directors (the “Board”) of the Aaron’s Company, Inc. (the “Company”)
elected Ms. Laura N. Bailey, Mr. Timothy A. Johnson and Ms. Marvonia P. Moore to serve as independent directors of the Company, effective as of May 3, 2021, upon the recommendation of the Nominating and Corporate Governance Committee. The Board appointed Ms. Bailey as a Class II director on the Board with a term of office expiring at the 2022 annual meeting of shareholders and Mr. Johnson and Ms. Moore as Class III directors on the Board with a term of office expiring at the 2023 annual meeting of shareholders. The Board also appointed Ms. Bailey to serve on the Audit Committee and the Nominating and Corporate Governance Committee, Mr. Johnson to serve on the Audit Committee and the Compensation Committee and Ms. Moore to serve on the Compensation Committee and the Nominating and Corporate Governance Committee.
Ms.
Bailey, Mr. Johnson and Ms. Moore have no arrangements or understandings pursuant to which they were elected as directors and do not have any transactions reportable under Item 404(a) of Regulation S-K. Ms. Bailey, Mr. Johnson and Ms. Moore will receive the standard compensation paid by the Company to non-employee directors for their service on the Board consisting of a $75,000 cash retainer and grant of $125,000 of restricted stock on the date of the Company's annual meeting of shareholders, vesting one-year following the date of the grant. Upon joining the Board, each of the new directors will also receive a one-time grant of $75,000 of restricted stock, vesting one-year following the date of grant. Ms. Bailey, Mr. Johnson and Ms. Moore will also enter into an Indemnification Agreement with
the Company, a form of which is filed as Exhibit 10.1 hereto, and the terms of which are incorporated herein by reference.
The cover page from this Current Report on
Form 8-K, formatted in Inline XBRL
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.
