ssd-20210621
SIMPSON MANUFACTURING CO INC /CA/0000920371false00009203712021-06-212021-06-21

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 21, 2021
 
  
 
Simpson Manufacturing Co., Inc. 
(Exact name of registrant as specified in its charter)
  
 
 
Delaware 1-13429 94-3196943
(State or other jurisdiction of incorporation) (Commission file number) (I.R.S. Employer Identification No.)
 
  
 
5956 W. Las Positas Boulevard, Pleasanton, CA 94588

 (Address of principal executive offices)
 
 
(Registrant’s telephone number, including area code): (925) 560-9000
 
Securities registered pursuant to Section 12(b) of the Act:
Title of Each ClassTrading SymbolName of Each Exchange on Which Registered
Common Stock, par value $0.01 per shareSSDNew York Stock Exchange

 
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-2)
☐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 (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 21, 2021 the Board of Directors (the “Board”) of Simpson Manufacturing Co., Inc. (the “Company”), upon recommendation of the Nominating and Governance Committee of the Board, appointed Kenneth Knight as an independent, non-employee director of the Company, effective on June 21, 2021. Concurrently with his appointment to the Board, Mr. Knight was appointed to serve on the Audit and Finance Committee of the Board. The Board has determined that Mr. Knight meets the independence requirements under the rules and regulations of the New York Stock Exchange and Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

There are no understandings or arrangements between Mr. Knight and any other person pursuant to which Mr. Knight was selected to serve as a director of the Board. There are no relationships between Mr. Knight and the Company or any of its subsidiaries that would require disclosure pursuant to Item 404(a) of Regulation S-K.

As a non-employee director of the Company, Mr. Knight will be eligible to receive the standard compensation paid by the Company to its non-employee directors, as described in the Company’s annual proxy statement and shall receive a pro-rated annual equity award of restricted stock units valued at $82,507 on the date of grant, June 21, 2021. Additionally, the Company purchases and maintains directors’ and officers’ liability insurance for, and provides indemnification to, each member of the Board.

Item 7.01 Regulation FD Disclosure

On June 22, 2021, the company issued a press release related to the appointment of Mr. Knight to the Company's Board of Directors. A copy of the press release is attached as Exhibit 99.1 and incorporated by reference into this Form 8-K.

In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed “filed” for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific references in such a filing.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits
Exhibit No.Description
99.1
104Cover Page Interactive Data File (embedded within the Inline XBRL document)



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.
  
 
  Simpson Manufacturing Co., Inc.
        (Registrant)
    
    
    
DATE:June 22, 2021By/s/ Terry Hammons
   Terry Hammons
   Senior Vice President and General Counsel
 
 
 

2
Simpson Manufacturing Co., Inc. 5956 W. Las Positas Boulevard Pleasanton, CA 94588 Phone: 800.925.5099 Fax: 925.847.1597 www.simpsonmfg.com   NEWS RELEASE  FOR IMMEDIATE RELEASE  SIMPSON MANUFACTURING CO., INC. ANNOUNCES THE APPOINTMENT OF KENNETH KNIGHT  TO ITS BOARD OF DIRECTORS  Pleasanton, CA – June 22, 2021 – Simpson Manufacturing Co., Inc. (the “Company”) (NYSE:  SSD), an industry leader in engineered structural connectors and building solutions, today  announced the Company’s Board of Directors (the “Board”) has appointed Kenneth Knight as a  non‐employee director of the Company, effective on June 21, 2021. The Board has also  appointed Mr. Knight to serve on its Audit and Finance Committee.   “I am thrilled to have Mr. Knight join our Board given his strong and extensive background in  industrial manufacturing at well‐known, leading public companies,” commented James  Andrasick, Chair of Simpson’s Board of Directors. “Mr. Knight brings a wealth of knowledge in  merger and acquisitions, customer and innovative growth, building supply management and  domestic and international sourcing and distribution. These attributes will be instrumental to  Simpson as it executes against various new growth opportunities as outlined by its five‐year  Company ambitions.”  Mr. Knight is currently serving as the Chief Operating Officer at Invitae Corporation, a leading  medical genetics company, a role he has held since 2020. Prior to that, Mr. Knight was Vice  President, Amazon Transportation Services, at Amazon.com, Inc. from 2019 to 2020, and served  as its Vice President, Global Delivery and Fulfillment, Human Resources from 2016 to 2019.  Prior to that, Mr. Knight held management positions at General Motors Company from 2004 to  2012 and at Caterpillar Inc. from 2012 to 2016. Mr. Knight also serves as a member of the  Georgia Tech President’s Advisory Board. Mr. Knight holds a Masters in Business Administration  and Management from the Sloan School of Management at the Massachusetts Institute of  Technology.   Exhibit 99.1

 
Simpson Manufacturing Co., Inc. 5956 W. Las Positas Boulevard Pleasanton, CA 94588 Phone: 800.925.5099 Fax: 925.847.1597 www.simpsonmfg.com   About Simpson Manufacturing Co., Inc.   Simpson Manufacturing Co., Inc., headquartered in Pleasanton, California, through its  subsidiary, Simpson Strong‐Tie Company Inc., designs, engineers and is a leading manufacturer  of wood construction products, including connectors, truss plates, fastening systems, fasteners  and shearwalls, and concrete construction products, including adhesives, specialty chemicals,  mechanical anchors, powder actuated tools and reinforcing fiber materials. The Company's  common stock trades on the New York Stock Exchange under the symbol "SSD."      CONTACT:     Addo Investor Relations  [email protected]    (310) 829‐5400