Current Report Filing (8-k)
September 10 2015 - 11:50AM
Edgar (US Regulatory)
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): September 8, 2015
BRIGGS & STRATTON CORPORATION
(Exact name of registrant as specified in its charter)
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Wisconsin | | 1-1370 | | 39-0182330 |
(State or other jurisdiction | | (Commission | | (I.R.S. Employer |
of incorporation) | | File Number) | | Identification No.) |
12301 West Wirth Street, Wauwatosa, Wisconsin 53222
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code (414) 259-5333
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):
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o | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
ITEM 8.01 Other Events.
On September 10, 2015, Briggs & Stratton Corporation issued a press release announcing that two executive officers adopted Rule 10b5-1 trading plans. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No. | | Description |
99.1 | | Press Release dated September 10, 2015 |
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
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.
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| | BRIGGS & STRATTON CORPORATION | |
| | (Registrant) | |
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Date: September 10, 2015 | | /s/ Kathryn M. Buono | |
| | Kathryn M. Buono | |
| | Vice President, General Counsel and Secretary | |
| | Duly Authorized Officer | |
BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES
EXHIBIT INDEX
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Exhibit No. | | Description |
99.1 | | Press Release dated September 10, 2015 |
Exhibit 99.1
Briggs & Stratton Corporation Announces Adoption of New Rule 10b5-1 Plans By Executive Officers
Milwaukee, WI ─ September 10, 2015/PR Newswire/Briggs & Stratton Corporation (NYSE:BGG)
Briggs & Stratton Corporation (the “Company”) today announced that Todd J. Teske, Chairman, President & Chief Executive Officer, and William H. Reitman, Senior Vice President & President - Global Service, have entered into individual stock trading plans in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.
Messrs. Teske and Reitman informed the Company that under their trading plans they intend to sell 196,852 shares and 22,420 shares, respectively, of Company common stock that would be issued as a result of the exercise of stock options that will expire in August 2016. The purpose of each plan is to provide the executive officer with the ability to exercise his expiring options and sell the underlying Company common stock in an orderly manner and avoid concerns about the timing of the transactions.
The amount that each executive may realize from the exercise of any options will be the number of options exercised multiplied by the amount by which the net selling price(s) of the Company’s stock on the date(s) the stock options are exercised exceeds the exercise price of the stock options.
Other Company executives may from time to time adopt Rule 10b5-1 plans.
Kathryn M. Buono
Vice President, General Counsel
and Secretary
/CONTACT: Kathryn M. Buono, Vice President, General Counsel and Secretary, Briggs & Stratton Corporation, 414-259-5333/
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