Cai International 8-K 2014
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
March 5, 2014
Date of Report (Date of earliest event reported)
CAI International, Inc.
(Exact name of registrant as specified in charter)
Steuart Tower, 1 Market Plaza, Suite 900, San Francisco, CA 94105
(Address of principal executive offices, including ZIP Code)
Registrant’s telephone number, including area code: (415) 788-0100
(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:
On March 5, 2014 CAI International, Inc. (the "Company") adopted a pre-arranged stock trading plan for the purpose of repurchasing up to 1.3 million shares of the Company’s common stock in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company’s policies regarding stock transactions (the “10b5-1 Plan”). This plan has been established in accordance with, and as a part of, the Company’s current share repurchase program authorized by the Board of Directors and announced by press release dated February 27, 2014. The 10b5-1 Plan will cover the repurchase of shares of the Company’s common stock commencing no earlier than March 17, 2014 and expiring no later than May 1, 2014. Repurchases are subject to SEC regulations as well as certain price, market volume and timing requirements specified in the 10b5-1 Plan. There can be no assurance as to the number of shares of the Company’s common stock, if any, that will be repurchased under the 10b5-1 Plan, or the specific pricing thereof.
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.