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

 

1-8183

 

75-1670945

(State of incorporation)

 

(Commission File No.)

 

(IRS Employer Identification No.)

 

P.O. Box 237

2581 E. Kercher Road

Goshen, Indiana 46528

(Address of principal executive offices) (Zip Code)

 

Registrant’s 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.

 

Exhibit Description

 

 

 

10.1

 

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.

 

 

 

99.1

 

Press release of Supreme Industries, Inc. dated September 2, 2014.

 

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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 hereunto duly authorized.

 

 

SUPREME INDUSTRIES, INC.

 

 

 

 

Date: September 2, 2014

By:

/s/ Mark D. Weber

 

 

Mark D. Weber

 

 

President and Chief Executive Officer

 

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EXHIBIT INDEX

 

Exhibit No.

 

Description

 

 

 

10.1

 

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.

 

 

 

99.1

 

Press Release of Supreme Industries, Inc. dated September 2, 2014.

 

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