Current Report Filing (8-k)
February 13 2017 - 5:22PM
Edgar (US Regulatory)
UNITED
S
T
A
TES
SECURITIES
AND
EXCHANGE
COMMISSION
W
ASHING
T
ON,
D.C.
20549
FORM
8-K
CURRENT
REPO
R
T
PURSUANT
T
O
SECTION
13
OR
15(d)
OF
THE
SECURITIES
EXCHANGE
ACT
OF
1934
Date
of
Report
(Date
of
earliest
event
reported
):
February
1
3
,
201
7
(Exact
name
of
registrant
as
specified
in
its
charter)
Commission
file
number:
1-33741
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Delaware
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38-3765318
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(State or other jurisdiction of incorporation or organization)
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(I.R.S. Employer Identification No.)
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P. O. Box 224866, Dallas, Texas 75222-4866
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(214) 977-8222
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(Address of principal executive offices, including zip code)
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(Registrant’s telephone number, including area code)
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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))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arranagements of Certain Officers.
On February 13, 2017, A. H. Belo Corporation (the “Company”) announced that Grant
S.
Moise has been promoted to Executive Vice President
of the Company and
General Manager of
T
he Dallas Morning News
. In addition to his current responsibilities, Mr. Moise will assume oversight over all operations of
The Dallas Morning News
including information technology,
marketing, digital,
circulation
, production
and commercial printing, as well as share co-responsibility with the Publisher for the news organization. In connection with his promotion, Mr. Moise will receive a compensation package that consists of a base salary of $475,000, effective as of January 1, 2017, with a target bonus opportunity set at 70% of his base salary. Consistent with other executive officers of the Company, one-half of Mr. Moise’s target bonus will be based upon individual objectives (IOs) and one-half upon financial performance metrics. IOs for all executive officers, including Mr. Moise, are comprised of performance metrics, based on a point system allocated to each objective which includes threshold, target and maximum performance and payout ranges for each objective of 50%, 100% and 150%, respectively. In addition, Mr. Moise will be entitled to receive long
-
term incentive compensation valued at $300,000 annually. Long
-
term incentive compensation
awards
, comprised of equity grants under the Company’s incentive plan and long-term cash incentives, will be made by the Compensation Committee at its regularly-scheduled meeting in March 2017, at which time the Compensation Committee will also set the financial performance targets and individual objectives for all executive officers.
Item 9.01. Financial Statements and Exhibits.
(d)
Exhibits.
99.1 Press release dated February 13, 2017
SIGNATURE
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 thereunto duly authorized.
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Date:
February
13
, 2017
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A. H. BELO CORPORATION
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By:
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/s/ Christine E. Larkin
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Christine E. Larkin
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Senior Vice President/General Counsel &
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Secretary
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EXHIBIT INDEX
99.1 Press
R
elease dated
February 13
, 2017
A H Belo (NYSE:AHC)
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