0000014195-16-000083.txt : 20161115 0000014195-16-000083.hdr.sgml : 20161115 20161115141546 ACCESSION NUMBER: 0000014195-16-000083 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20161111 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20161115 DATE AS OF CHANGE: 20161115 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BRIGGS & STRATTON CORP CENTRAL INDEX KEY: 0000014195 STANDARD INDUSTRIAL CLASSIFICATION: ENGINES & TURBINES [3510] IRS NUMBER: 390182330 STATE OF INCORPORATION: WI FISCAL YEAR END: 0703 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-01370 FILM NUMBER: 161999127 BUSINESS ADDRESS: STREET 1: 12301 W WIRTH ST CITY: WAUWATOSA STATE: WI ZIP: 53222 BUSINESS PHONE: 4142595333 MAIL ADDRESS: STREET 1: 12301 W WIRTH ST CITY: WAUWATOSA STATE: WI ZIP: 53222 8-K 1 form8-k111416.htm FORM 8-K Document

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): November 11, 2016
 
BRIGGS & STRATTON CORPORATION
(Exact name of registrant as specified in its charter)
 

Wisconsin
 
1-1370
 
39-0182330
(State or other jurisdiction
 
(Commission
 
(I.R.S. Employer
 of incorporation)
 
File Number)
 
   Identification No.)

12301 West Wirth Street, Wauwatosa, Wisconsin 53222
(Address of Principal Executive Offices) (Zip Code)

Registrant’s telephone number, including area code (414) 259-5333


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 (see General Instruction A.2 below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES

ITEM 8.01 Other Events.
On November 14, 2016, Briggs & Stratton Corporation issued a press release announcing that an executive officer adopted a Rule 10b5-1 trading plan on November 11, 2016. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

ITEM 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
 
Description
99.1
 
Press Release dated November 14, 2016



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BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES

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.
 
 
 
BRIGGS & STRATTON CORPORATION
 
 
 
(Registrant)
 
 
 
 
 
Date: November 15, 2016
 
/s/ Mark A. Schwertfeger
 
 
 
Mark A. Schwertfeger
 
 
 
Senior Vice President and Chief Financial Officer
 
 
 
Duly Authorized Officer
 



3


BRIGGS & STRATTON CORPORATION AND SUBSIDIARIES

EXHIBIT INDEX
Exhibit No.
 
Description
99.1
 
Press Release dated November 14, 2016



4
 EX-99.1 2 ex991111416.htm EXHIBIT 99.1 Exhibit

Exhibit 99.1






Briggs & Stratton Corporation Announces Adoption of New Rule 10b5-1 Plan by Executive Officer



Milwaukee, WI - November 14, 2016/PR Newswire/Briggs & Stratton Corporation (NYSE:BGG)

Briggs & Stratton Corporation (the “Company”) today announced that Todd J. Teske, Chairman, President & CEO, adopted an individual stock trading plan on November 11, 2016, in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934.

Mr. Teske informed the Company that he intends to sell a total of 150,510 shares of Company common stock that would be issued as a result of the exercise of stock options that will expire in August 2017. The purpose of the plan is to provide Mr. Teske with the ability to exercise his options and sell the underlying Company common stock in an orderly manner and avoid concerns about the timing of the transactions.

The amount that Mr. Teske may realize from the exercise of any options will be the number of options exercised multiplied by the amount by which the net selling price(s) of the Company’s stock on the date(s) the stock options are exercised exceeds the exercise price of the stock options.

Other Company executives may from time to time adopt Rule 10b5-1 plans.


Mark A. Schwertfeger
Senior Vice President and
Chief Financial Officer


/CONTACT: Mark A. Schwertfeger, Senior Vice President and Chief Financial Officer, Briggs & Stratton Corporation, 414-259-5333/