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): August 10, 2021
Willis Lease Finance Corporation
(Exact Name of Registrant as Specified in Charter)
Delaware | 001-15369 | 68-0070656 | ||||||||||||
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |
4700 Lyons Technology Parkway
Coconut Creek, FL 33073
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (561) 349-9989
Not Applicable
(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:
☐ 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 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 | Name of exchange on which registered | ||||||||||||
Common Stock, $0.01 par value per share | WLFC | Nasdaq Global Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
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. o
Item 7.01 Regulation FD Disclosure
Willis Lease Finance Corporation (the “Company”) previously announced that its Board of Directors (the “Board”) had formed an independent committee (the “Independent Committee”) to review and evaluate, and negotiate with Charles F. Willis, IV, the Company’s Chief Executive Officer and Chairman of the Board (individually and together with an entity controlled by him), and Austin C. Willis, the Company’s Senior Vice President of Corporate Development and a Board member (collectively, the “Group”), the Group’s proposed acquisition of all the outstanding shares of common stock of the Company not already owned by the Group (the “Transaction”). On August 10, 2021, the Group delivered a notice of withdrawal to the Board, notifying the Company that it was withdrawing its proposal for a Transaction and that it had mutually agreed with the Independent Committee to immediately terminate and abandon any further discussions regarding a potential Transaction.
Item 9.01 Financial Statements & Exhibits
(d) Exhibits
Exhibit No. | Description | |||||||
104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) |
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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 duly authorized officer.
Dated: August 11, 2021
WILLIS LEASE FINANCE CORPORATION | ||||||||
By: | /s/ Dean M. Poulakidas | |||||||
Dean M. Poulakidas | ||||||||
Senior Vice President and General Counsel |
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