01-02-18 Downing

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):

January 2, 2018

______________________________________________________

LINDSAY CORPORATION

(Exact name of registrant as specified in its charter)

______________________________________________________





 

 

Delaware

1-13419

47-0554096

(State of Incorporation)

(Commission File Number)

(IRS Employer Identification Number)





 

 

2222 North 111th Street 

 

 

Omaha, Nebraska

 

68164

(Address of principal executive offices)

 

(Zip Code)



                            (402) 829-6800                            

(Registrant’s telephone number, including area code)

                            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:



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))



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



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.



Effective January 2, 2018, Lindsay Corporation (the “Company”) eliminated the position of Executive Vice President and, as a result, David B. Downing immediately ceased to serve as an executive officer of the Company.  Mr. Downing is expected to remain employed with the Company in a non‑executive capacity through February 28, 2018. 



In connection with Mr. Downing’s departure, the Company expects to provide Mr. Downing with compensation and benefits consistent with the severance provisions governing termination without cause as set forth in his employment agreement.  A copy of Mr. Downing’s employment agreement was attached as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed on February 25, 2009.







   


















































 





SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.



 

 

/s/ Brian L. Ketcham                                  _

 

 

 

 

 

Dated:  January 2, 2018

LINDSAY CORPORATION

 

 

By:/s/ Brian L. Ketcham                                 

Brian L. Ketcham, Vice President and Chief  Financial Officer