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EX-99.1 - EXHIBIT 99.1 - PARK AEROSPACE CORPk326108_ex99-1.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):  October 18, 2012

 

 

PARK ELECTROCHEMICAL CORP.

 

 (Exact Name of Registrant as Specified in Charter)

 

 

New York 1-4415 11-1734643

(State or Other Jurisdiction

of Incorporation)

(Commission File Number) (IRS Employer Identification No.)

 

 

   
48 South Service Road, Melville, New York 11747
(Address of Principal Executive Offices) (Zip Code)

 

 

Registrant's telephone number, including area code (631) 465-3600

 

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 8.01 Other Events.

 

Park Electrochemical Corp. (the "Company") issued a news release on October 18, 2012 announcing that its Board of Directors has authorized the Company’s purchase, on the open market and in privately negotiated transactions, of up to 1,000,000 shares of its Common Stock, representing approximately 5% of the Company’s 20,802,020 total outstanding shares as of the close of business on October 17, 2012 and reporting that this authorization supersedes any unused prior Board of Directors’ authorizations to purchase shares of the Company’s Common Stock, that purchases by the Company pursuant to this Board of Directors’ authorization may occur from time to time in the future and that shares purchased by the Company will be retained as treasury stock and will be available for use under the Company’s stock option plan and for other corporate purposes.

 

The Company is furnishing the news release to the Securities and Exchange Commission pursuant to Item 8.01 of Form 8-K as Exhibit 99.1 hereto.

 

Item 9.01 Financial Statements and Exhibits.
   
(c) Exhibits.
   
  99.1  News Release dated October 18, 2012

 

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SIGNATURE 

 

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.

 

 

    PARK ELECTROCHEMICAL CORP.
     
       
Date:  October 18, 2012   By: /s/ P. Matthew Farabaugh
    Name: P. Matthew Farabaugh
    Title: Vice President and Chief Financial
          Officer

  

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EXHIBIT INDEX

 

Number

Exhibit

 

Description

 

Page

 

   99.1 News Release dated October 18, 2012 5

 

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