HORACE MANN EDUCATORS CORPORATION (NYSE:HMN) Files An 8-K Temporary Suspension of Trading Under Registrant’s Employee Benefit PlansItem 5.04:Temporary Suspension of Trading Under Registrant's Employee Benefit Plans
On October 13, 2017, Horace Mann Educators Corporation (the “Company”) received a notice required by Section 101(i)(2)(E) of the Employee Retirement Income Security Act of 1974, as amended, regarding a blackout period, described below, under the Horace Mann 401k Plan (the “401(k) Plan”). The recordkeeper for the 401(k) Plan is being changed and the blackout period is necessary to facilitate this change. During the blackout period, 401(k) Plan participants and beneficiaries temporarily will be unable to (1) direct or diversify investments in their individual accounts or (2) obtain a distribution, withdrawal or loan from the 401(k) Plan. The blackout period is expected to begin on October 30, 2017 and is expected to end on or about November 10, 2017 (the “Blackout Period”). Notification of the Blackout Period was sent to all participants or beneficiaries under the 401(k) Plan on October 13, 2017.
Because the 401(k) Plan includes Company common stock as an investment option, on October 13, 2017, the Company sent a notice of the Blackout Period (the “Blackout Period Notice”) to its executive officers and directors in accordance with Section 306 of the Sarbanes-Oxley Act of 2002 and Section 104 of Regulation BTR of the Securities Exchange Act of 1934, informing them of the restrictions during the Blackout Period on purchasing and selling, or otherwise acquiring, disposing or transferring shares of the Company’s common stock (including derivative securities pertaining to such shares) that they acquire or have previously acquired in connection with their service or employment as a director or executive officer of the Company. A copy of the Blackout Period Notice is attached as Exhibit 99.1 and is incorporated by reference herein.
During the Blackout Period and for a period of two years after the ending date of the Blackout Period, Company stockholders, 401(k) Plan participants or beneficiaries, or other interested persons may obtain, without charge, information about the Blackout Period, including the actual beginning and ending dates of the Blackout Period, by contacting Donald M. Carley, Senior Vice President, General Counsel, Corporate Secretary and Chief Compliance Officer, in writing at Horace Mann Educators Corporation, 1 Horace Mann Plaza, Springfield, Illinois 62715-0001 or by telephone at 217-789-2500.
Item 9.01:Financial Statements and Exhibits
(d)Exhibits.
HORACE MANN EDUCATORS CORP /DE/ ExhibitEX-99.1 2 exhibit991for1013178-k.htm EXHIBIT 99.1 Exhibit Exhibit 99.1Important Notice Concerning Limitations onTrading in Equity Securities by Directors and Executive Officers of Horace Mann Educators CorporationThis notice is to advise you that there will be a blackout period under the Horace Mann 401k Plan (the “401(k) Plan”),…To view the full exhibit click here
About HORACE MANN EDUCATORS CORPORATION (NYSE:HMN)
Horace Mann Educators Corporation (HMEC) is an insurance holding company. Through its subsidiaries, HMEC markets and underwrites personal lines of property and casualty (primarily personal lines automobile and homeowners) insurance, retirement annuities (primarily tax-qualified products) and life insurance in the United States. The Company’s operating segments include Property and Casualty, Annuity, Life, and corporate and other. The Property and Casualty Segment offers private passenger automobile insurance. The Annuity Segment markets both fixed and variable annuity contracts, primarily on a tax-qualified basis. The Life Segment offers traditional term and whole life insurance products. The Company also markets its products primarily to K-12 teachers, administrators and other employees of public schools and their families. It markets and services its products through a sales force of full-time agents supported by the Company’s Customer Contact Center.