Current Report Filing (8-k)

Date : 07/15/2019 @ 9:33PM
Source : Edgar (US Regulatory)
Stock : AMREP Corp (AXR)
Quote : 6.07  -0.13 (-2.10%) @ 8:01PM
AMREP share price Chart

Current Report Filing (8-k)

 

 

 

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):             July 11, 2019             

 

AMREP CORPORATION
(Exact name of registrant as specified in its charter)

 

Oklahoma 1-4702 59-0936128
(State or other jurisdiction of (Commission File (IRS Employer
incorporation) Number) Identification No.)

 

620 West Germantown Pike, Suite 175

Plymouth Meeting, PA

19462
(Address of principal executive offices) (Zip Code)

 

Registrant's telephone number, including area code:   (610) 487-0905

 

 
(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):

 

Written communication 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 communication pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

Pre-commencement communication 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
Common Stock $.10 par value AXR 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 (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 July 11, 2019, AMREP Corporation (the “Company”) approved the following compensation for Christopher V. Vitale, the President and Chief Executive Officer of the Company, and James M. McMonagle, the Vice President and Chief Financial Officer of the Company:

 

· Mr. Vitale was awarded a cash bonus of $60,000 and Mr. McMonagle was awarded a cash bonus of $15,000; and

 

· the Company awarded 7,500 restricted shares of common stock of the Company under the AMREP Corporation 2016 Equity Compensation Plan (the “Plan”) to Mr. Vitale and 1,500 restricted shares of common stock of the Company under the Plan to Mr. McMonagle. The awards of restricted shares of common stock to Messrs. Vitale and McMonagle will vest one-third on July 11, 2020, one-third on July 11, 2021 and one-third on July 11, 2022, subject to the continued employment of the officer on each vesting date.

 

 

 

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.

 

 

  AMREP Corporation  
       
Date: July 15, 2019 By: /s/ Christopher V. Vitale  
    Name: Christopher V. Vitale  
    Title: President and Chief Executive Officer

 

 

 

 

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