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EX-10.1 - SEPARATION AND RELEASE AGREEMENT BETWEEN LUMBER LIQUIDATORS SERVICES, LLC - Lumber Liquidators Holdings, Inc.d377136dex101.htm

 

 

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): June 30, 2012

 

 

Lumber Liquidators Holdings, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-33767   27-1310817
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (I.R.S. Employer
Identification No.)

3000 John Deere Road

Toano, Virginia

  23168
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (757) 259-4280

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 to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Effective June 30, 2012, Lumber Liquidators Services, LLC, a wholly owned subsidiary of the Registrant, entered into a Separation and Release Agreement (the “Separation Agreement”) with Seth P. Levy in connection with the June 22, 2012 termination of his employment as the Registrant’s Chief Information Officer and Senior Vice President, Information Technology. Under the Separation Agreement, Mr. Levy is entitled to receive severance payments equal to twenty-four (24) weeks of his base salary, payable over that period, and certain contributions to his health benefits.

A copy of the Separation Agreement is attached as Exhibit 10.1 to this report and is incorporated by reference into this Item 5.02.

 

Item 9.01. Financial Statements and Exhibits.

 

  (d) Exhibits.

 

Exhibit
No.

  

Description

10.1    Separation and Release Agreement between Lumber Liquidators Services, LLC and Seth P. Levy, effective as of June 30, 2012.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  LUMBER LIQUIDATORS HOLDINGS, INC.
                    (Registrant)
Date: July 5, 2012   By:  

/s/ E. Livingston B. Haskell

    E. Livingston B. Haskell
    Secretary and General Corporate Counsel


Exhibit Index

 

Exhibit
No.

  

Description

10.1    Separation and Release Agreement between Lumber Liquidators Services, LLC and Seth P. Levy, effective as of June 30, 2012.