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 April 19, 2017

 

 

 

NetREIT, Inc.

(Exact name of registrant as specified in its charter)

 

 

 

 

        MARYLAND

(State of other jurisdiction

of incorporation)

 

000-53673

(Commission

File Number)

 

33-0841255

(I.R.S. Employer

Identification No.)

 

 

 

1282 Pacific Oaks Place

Escondido, California 92029

(Address of principal executive offices) (Zip Code)

 

 

(760) 471-8536

(Registrant's telephone number, including area code)

 

 

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 Instructions A.2. below):

 

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.

 

NetREIT Advisors, LLC, a Delaware corporation (the “Company”) and Mr. Larry Dubose, the Chief Executive Officer of the Company, have mutually agreed that the Employment Agreement dated January 1, 2011 by and between the Company and Mr. Dubose will no longer be in effect as of April 19, 2017. However, Mr. Dubose will remain the Chief Executive Officer of the Company as an at-will employee under the current salary terms and benefits disclosed in the Proxy Statement of NetREIT, Inc., a Maryland corporation, the sole and managing member of the Company.

 

 

 

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.

 

 

 

 

 

NetREIT, Inc.

Date: April 20, 2017

By:

/s/ Kathryn Richman

 

 

Kathryn Richman,

 

 

Secretary