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 27, 2014
SUPREME INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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1-8183 |
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75-1670945 |
(State of incorporation) |
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(Commission File No.) |
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(IRS Employer Identification No.) |
P.O. Box 237
2581 E. Kercher Road
Goshen, Indiana 46528
(Address of principal executive offices) (Zip Code)
Registrants telephone number, including area code: (574) 642-3070
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):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement.
Supreme Industries, Inc. (the Borrower) entered into an amendment of its April 29, 2013 Amended and Restated Credit Agreement (the Credit Agreement) with Wells Fargo Bank, National Association, a national banking association, and BMO Harris Bank, N.A. (the Lenders), dated to be effective August 27, 2014. Supreme Corporation and certain other subsidiaries of the Borrower (collectively, the Guarantors), have acknowledged this amendment (Amendment No. 2 to Credit Agreement).
Amendment No. 2 to Credit Agreement changes the cash dividend limit from a percentage of consolidated net income for the immediately preceding fiscal quarter to a flat per fiscal quarter limit of $0.03 per share of capital stock then issued and outstanding.
The foregoing description of the Amendment No. 2 to Credit Agreement is qualified in its entirety by reference to the complete terms and conditions of the Amendment No. 2 to Credit Agreement which is filed as Exhibit 10.1 to this report and incorporated herein by reference.
Item 8.01 Other Events.
On September 2, 2014, Supreme Industries, Inc. issued a press release announcing a quarterly $0.025 cash dividend on its outstanding Class A and Class B Common Stock. The full text of the press release is filed as Exhibit 99.1 to this report and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
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Exhibit Description |
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10.1 |
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Amendment No. 2 to Credit Agreement by and among Supreme Industries, Inc., Wells Fargo Bank, National Association, and BMO Harris Bank, N.A., and acknowledged by Supreme Corporation and other subsidiary guarantors. |
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99.1 |
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Press release of Supreme Industries, Inc. dated September 2, 2014. |
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 hereunto duly authorized.
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SUPREME INDUSTRIES, INC. | |
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Date: September 2, 2014 |
By: |
/s/ Mark D. Weber |
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Mark D. Weber |
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President and Chief Executive Officer |
EXHIBIT INDEX
Exhibit No. |
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Description |
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10.1 |
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Amendment No. 2 to Credit Agreement by and among Supreme Industries, Inc., Wells Fargo Bank, National Association, and BMO Harris Bank, N.A., and acknowledged by Supreme Corporation and other subsidiary guarantors. |
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99.1 |
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Press Release of Supreme Industries, Inc. dated September 2, 2014. |