SPR Spirit Aerosystems
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): January 26, 2021
Spirit AeroSystems Holdings, Inc.
(Exact name of registrant as specified in its charter)
|(State or other jurisdiction of|
|(Commission File Number)||(IRS Employer Identification No.)|
3801 South Oliver, Wichita, Kansas 67210
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (316) 526-9000
|(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 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))|
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol(s)||Name of each exchange on which registered|
|Class A Common Stock, par value $0.01 per share||SPR||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 (§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. ¨
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On January 26, 2021, the Compensation Committee (the “Committee”) of the Board of Directors of Spirit AeroSystems Holdings, Inc. increased Samantha Marnick’s (Executive Vice President and Chief Operating Officer) annual base salary from $620,000 to $650,000, effective January 26, 2021.
On January 26, 2021, the Committee increased Mark Suchinski’s (Senior Vice President and Chief Financial Officer) annual base salary from $500,000 to $525,000. Further, the Committee increased the value of Mr. Suchinski’s annual equity grants under the Long Term Incentive Plan (“LTIP”) of the Company’s 2014 Omnibus Incentive Plan for each year of the Initial Term under his employment agreement with the Company, dated January 29, 2020 (the “Employment Agreement”) from 175% to 200% of his annual base salary, effective beginning with LTIP awards granted in 2021. All other provisions of Mr. Suchinski’s Employment Agreement remain unchanged.
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.
SPIRIT AEROSYSTEMS HOLDINGS, INC.
|Date: February 1, 2021||By:||/s/ Mindy McPheeters|
Vice President, Interim General Counsel and Corporate Secretary