UFP Technologies, Inc. (NASDAQ:UFPT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 21, 2017, David K. Stevenson, a Class III director of UFP Technologies, Inc. (the “Company”), notified the Company of his decision not to stand for re-election to the Company’s board of directors when his term expires at the Company’s 2017 Annual Meeting of Stockholders. Mr. Stevenson’s decision not to stand for re-election was not the result of any disagreement with the Company.
About UFP Technologies, Inc. (NASDAQ:UFPT)
UFP Technologies, Inc. is a designer and custom converter of foams, plastics, composites and natural fiber materials. The Company is engaged in providing solutions to customers primarily within the medical, automotive, consumer, electronics, industrial, and aerospace and defense markets. It converts these materials using laminating, molding, and fabricating manufacturing technologies. The Company’s raw materials consist of polyethylene and polyurethane foams, sheet plastics, pulp fiber, cross-linked polyethylene and reticulated polyurethane foams, fabric and foam laminates, and natural fiber materials. The Company converts these materials to provide customers various solutions, including automotive interior trim, medical device components, disposable wound care components, military uniform and gear components, athletic padding, air filtration, high-temperature insulation, abrasive nail files and other beauty aids, and cushion packaging for their products. UFP Technologies, Inc. (NASDAQ:UFPT) Recent Trading Information
UFP Technologies, Inc. (NASDAQ:UFPT) closed its last trading session down -0.25 at 24.75 with 13,544 shares trading hands.
