Fox Factory Holding Corp. (NASDAQ:FOXF) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Corporate Governance Committee, the Board of Directors (the
Board) of Fox Factory Holding Corp. (the Company) elected Ms.
Elizabeth Fetter as a Class I director of the Company, effective
immediately, to fill the vacancy created by Mr. Joseph Hagins
resignation as a director of the Company. Ms. Fetter will serve
as a director until the next election of Class I directors at the
Companys annual meeting of shareholders to be held in 2020 or Ms.
Fetters earlier death, resignation, or removal. Ms. Fetter has
also been designated as a member of the Boards Audit Committee
and Compensation Committee.
and any other person to which she was elected as a director, and
as of the date hereof, there are no transactions or proposed
transactions between Ms. Fetter and the Company that require
disclosure to Item 404(a) of Regulation S-K (17 CFR 229.404(a)).
in the same manner as the Companys other non-employee directors,
through the Non-employee Director Compensation Policy, the terms
of which the Company previously disclosed in its definitive proxy
statement on Schedule 14A, filed with the Securities and Exchange
Commission on March 23, 2017.
Agreement with Ms. Fetter, the form of which is included as
Exhibit 10.1 to the Companys Form S-1, filed July 8, 2013. The
Indemnification Agreement will require the Company, among other
things, to indemnify Ms. Fetter against liabilities that may
arise by reason of her status with the Company or service to the
Company. The Indemnification Agreement will also require the
Company to advance all expenses incurred by Ms. Fetter in
investigating or defending any such action, suit, or proceeding.
The foregoing discussion of the terms of the form of
Indemnification Agreement is qualified in its entirety by
reference to the full text of the form of Indemnification
Agreement.
Ms. Fetters election, which is filed as Exhibit 99.1 to this
Current Report on Form 8-K and is incorporated by reference into
this Item 5.02.
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Section 9
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Financial Statements and Exhibits
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Item 9.01
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Financial Statements and Exhibits.
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About Fox Factory Holding Corp. (NASDAQ:FOXF)
Fox Factory Holding Corp. designs, engineers, manufactures and markets performance ride dynamics products for customers across the world. The Company’s brand ride dynamics products are used primarily on bicycles (bikes), side-by-side vehicles (Side-by-Sides), on-road vehicles with off-road capabilities, off-road vehicles and trucks, all-terrain vehicles (ATVs), snowmobiles, specialty vehicles and applications, and motorcycles. The Company’s brands include FOX, FOX RACING SHOX and RACE FACE. The Company offers front fork and rear suspension products designed for cross-country, trail, all-mountain, free-ride and downhill riding primarily for the mountain bike market. Its mountain bike products are sold in various series, including Performance series, Performance Elite series and Factory series. It also offers suspension systems. Its suspension component products in the powered vehicle category range from two inch aluminum bolt-on shocks to its position sensitive internal bypass shocks.