UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K/A
Amendment No. 1
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 13, 2014
CRIMSON WINE GROUP, LTD.
(Exact Name of Registrant as Specified in Charter)
Delaware |
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000-54866 |
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13-3607383 |
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(State or Other Jurisdiction |
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(Commission File |
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(IRS Employer |
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5901 Silverado Trail, Napa, California |
94558 |
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(Address of Principal Executive Offices) |
(Zip Code) |
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(800) 486-0503 |
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(Registrant’s telephone number, including area code) |
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(Former Name or Former Address, if Changed Since Last Report) |
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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 5.02Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Pursuant to a Form 8-K filed on June 18, 2014 (the “Original 8-K”), Crimson Wine Group, Ltd. (the “Company”) disclosed that Mary Jo Dale, the Company’s Senior Vice President of Marketing and Consumer Sales, was no longer employed with the Company effective June 13, 2014.
The Company is filing this amendment to the Original 8-K for the sole purpose of disclosing a Severance Agreement and General Release of All Claims (the “Agreement”) entered into between the Company and Ms. Dale on July 25, 2014 in connection with Ms. Dale’s cessation of employment. Pursuant to the Agreement, the Company agreed to pay to Ms. Dale an amount equal to five (5) months of Ms. Dale’s regular base salary, and in exchange therefore, Ms. Dale provided the Company with a customary general release. The description of the Agreement is qualified in its entirety by the text of the Agreement, a copy of which is attached hereto as Exhibit 10.1 and is incorporated herein by reference.
ITEM 9.01Financial Statements and Exhibits.
Exhibit No.Description
10.1Severance Agreement and General Release of All Claims.
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.
Dated: July 29, 2014
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CRIMSON WINE GROUP, LTD. |
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By: /s/ Patrick M. DeLong |
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Name: Patrick M. DeLong |
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Title: Chief Financial & Operating Officer |