Attached files
| file | filename |
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| EX-99.1 - EX-99.1 - METALICO INC | exhibit1.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): | December 10, 2014 |
Metalico, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)
| Delaware | 001-32453 | 52-2169780 |
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_____________________ (State or other jurisdiction |
_____________ (Commission |
______________ (I.R.S. Employer |
| of incorporation) | File Number) | Identification No.) |
| 186 North Ave. East, Cranford, New Jersey | 07016 | |
|
_________________________________ (Address of principal executive offices) |
___________ (Zip Code) |
| Registrant’s telephone number, including area code: | (908) 497-9610 |
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.
(d) On December 10, 2014, the Board of Directors of Metalico, Inc. (the "Company") elected Cary M. Grossman a Director effective January 1, 2015. His addition will bring the Board’s membership to its currently authorized maximum of six directors. Mr. Grossman is the President of Shoreline Capital Advisors, Inc., an investment and merchant banking firm he co-founded in 2011. He has been assigned to the Board's Audit Committee. As a non-employee director, Mr. Grossman will receive an annual fee of $24,000, and as a member of the Audit Committee he will receive an annual fee of $6,000, both fees payable in arrears in equal quarterly installments. Non-employee directors are also paid $1,750 for each Board meeting attended in person and $750 for each Board meeting attended telephonically. He will be eligible for participation in the Company's 2006 Long-Term Incentive Plan.
On December 10, 2014, the Company issued a press release announcing Mr. Grossman's election . A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
Ex. 99.1 Press Release issued December 10, 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.
| Metalico, Inc. | ||||
| December 10, 2014 | By: |
/s/ Carlos E. Aguero
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| Name: Carlos E. Aguero | ||||
| Title: Chairman, President and Chief Executive Officer | ||||
Exhibit Index
| Exhibit No. | Description | |
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99.1
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Press Release issued December 10, 2014 |