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): September 30, 2015

 

 

VIDEO DISPLAY CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Georgia   0-13394   58-1217564
(State of incorporation)  

(Commission

File Number)

 

(IRS Employer

Identification No.)

1868 Tucker Industrial Road

Tucker, Georgia 30084

(Address of principal executive offices) (Zip code)

Registrant’s telephone number, including area code: (770) 938-2080

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.

On September 30, 2014, David Cooper, Roger W. Lusby III and Gary Lee, directors of Video Display Corporation (the “Company”), tendered their resignations from the Board of Directors of the Company, effective September 30, 2015. The Company has elected to reduce the size of its board of directors consistent with its transition to the OTC Market from NASDAQ. The NASDAQ market required three outside directors. There is no such requirement with the OTC Market. The Company has accepted the resignations of the three directors.


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.

 

Date: October 6, 2015     VIDEO DISPLAY CORPORATION
      By:  

/s/ Ronald D. Ordway

        Ronald D. Ordway
        Chief Executive Officer