AND EXCHANGE COMMISSION
TO SECTION 13 OR 15(d) OF
SECURITIES EXCHANGE ACT OF 1934
of Report (date of earliest event reported): June 12, 2018
name of Registrant as Specified in its Charter)
Or Other Jurisdiction Of Incorporation)
Of Principal Executive Offices)
Telephone Number, Including Area Code
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 Instruction A.2. below):
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter). [ ]
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for
complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]
under Sections 1 through 4 and 6 through 9 are not applicable and therefore omitted.
OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY
ARRANGEMENTS OF CERTAIN OFFICERS.|
previously reported, on May 19, 2017, WSI Industries, Inc. (the “Company”) and Michael J. Pudil entered into an offer
letter agreement pursuant to which Mr. Pudil agreed to serve as the Company’s President and Chief Executive Officer at a
base salary of $150,000 for the one-year period beginning May 19, 2017.
June 12, 2018, the Company’s Compensation Committee recommended and the Company’s Board of Directors approved an increase
in Mr. Pudil’s annual base salary from $150,000 to $255,000 effective May 19, 2018. The Compensation Committee retains the
discretion to award bonuses for Company financial performance or other achievements.
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.
Michael J. Pudil|
and Chief Executive Officer|
June 18, 2018