Deltic Timber 8-K 2015
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d)
of The Securities Act of 1934
June 18, 2015
Date of Report (date of earliest event reported)
Deltic Timber Corporation
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code (870) 881-9400
(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):
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers
On June 18, 2015, Deltic Timber Corporation (Deltic or the Company) announced that two new members had been elected to its Board of Directors (Board).
The two new members of the Board are: Bert H. Jones (Class III) and Lenore M. Sullivan (Class II). Upon their election to the Board: Mr. Jones was appointed to the Boards Executive Compensation Committee and Ms. Sullivan was appointed to the Boards Audit Committee. Also, upon their election to the Board, each individual was awarded 866 shares of time-based restricted stock under the Companys 2002 Stock Incentive Plan. The terms of the awards are the same as for other grants to non-employee directors. The awards vest four years from the date of their grant and during the vesting period the recipient is entitled to vote the restricted shares and receive cash dividends that may be declared on the common stock of the Company.
A copy of the Companys press release announcing these changes is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits
Exhibit 99.1 Press release issued June 18, 2015 by Deltic Timber Corporation announcing that two new members have been elected to the Board of Directors.
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.
Date: June 19, 2015