LAWSON PRODUCTS INC/NEW/DE/ false 0000703604 0000703604 2021-06-10 2021-06-10

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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): June 10, 2021

 

 

LAWSON PRODUCTS, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-10546   36-2229304

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

8770 W. Bryn Mawr Ave., Suite 900, Chicago, Illinois   60631
(Address of principal executive offices)   (Zip Code)

(Registrant’s telephone number, including area code) (773) 304-5050

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))

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class

 

Trading

Symbol

 

Name of each exchange

on which registered

Common stock, $1.00 par value   LAWS   NASDAQ Global Select Market

Indicate 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).

Emerging growth company

If 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. ☐

 

 

 


Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of David Lambert

On June 10, 2021, Lawson Products, Inc. (the “Company”) appointed David Lambert as Vice President, Controller and Chief Accounting Officer of the Company.

Mr. Lambert, 47, most recently served as the VP and Corporate Controller at Univar Solutions, a $10 billion chemical distribution company. Previously, Mr. Lambert acquired extensive experience through a number of progressive roles in finance with organizations such as Donnelley Financial Solutions, Navigant, Navistar Defense, Hillshire Brands and Zurich North America. Mr. Lambert holds a BA in Accounting from Lewis University and a MBA from DePaul University.

Mr. Lambert will receive salary, bonus and equity awards, and will participate in other benefit and compensation plans, at levels consistent with his seniority and scope of responsibility. Mr. Lambert has not entered into any material compensation plan, contract or arrangement in connection with his appointment.

There are no family relationships between Mr. Lambert and any director or other executive officer, nor are there any transactions to which the Company was or is a participant and in which Mr. Lambert has a material interest subject to disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings between Mr. Lambert and any other persons pursuant to which he was appointed to be an officer of the Company.


SIGNATURES

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

    LAWSON PRODUCTS, INC.
    (Registrant)
        Date: June 15, 2021     By:  

/s/ Ronald J. Knutson

    Name: Ronald J. Knutson
    Title:  

Executive Vice President, Chief Financial Officer,

Treasurer and Controller