0001634997-18-000022.txt : 20181019 0001634997-18-000022.hdr.sgml : 20181019 20181019171318 ACCESSION NUMBER: 0001634997-18-000022 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20181018 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20181019 DATE AS OF CHANGE: 20181019 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Avangrid, Inc. CENTRAL INDEX KEY: 0001634997 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRIC SERVICES [4911] IRS NUMBER: 141798693 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-37660 FILM NUMBER: 181131022 BUSINESS ADDRESS: STREET 1: 180 MARSH HILL ROAD CITY: ORANGE STATE: CT ZIP: 06477 BUSINESS PHONE: 2076291128 MAIL ADDRESS: STREET 1: 180 MARSH HILL ROAD CITY: ORANGE STATE: CT ZIP: 06477 FORMER COMPANY: FORMER CONFORMED NAME: Iberdrola USA, Inc. DATE OF NAME CHANGE: 20150225 8-K 1 agrform8-kformercfobonus.htm AGR FORM 8-K (FORMER CFO COMPENSATION) 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): October 18, 2018
___________________________________________

Avangrid, Inc.
(Exact name of registrant as specified in its charter)
___________________________________________

New York
(State or other jurisdiction
of incorporation)
001-37660
(Commission File No.)
14-1798693
(IRS Employer
Identification No.)
180 Marsh Hill Road
Orange, Connecticut
(Address of principal executive offices)

06477
(Zip Code)

(207) 629-1200
(Registrant’s telephone number, including area code)

NOT APPLICABLE
(Former name or former address, if changed since last report)
___________________________________________

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))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
 
 
 
 
 





Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On October 18, 2018, the Board of Directors (the “Board”) of Avangrid, Inc. (the “Corporation”) approved, upon recommendation by the Compensation, Nominating and Corporate Governance Committee of the Board, payment of a special, one-time recognition award of $375,000 to Richard J. Nicholas, the former Senior Vice President - Chief Financial Officer of the Corporation in connection with Mr. Nicholas’ retirement from the Corporation, effective July 7, 2018. The special, one-time award was approved, among other things, to recognize Mr. Nicholas’ significant contributions to the Corporation as its initial chief financial officer and to the successful implementation of the Corporation’s Forward 2020 plan including certain strategic divestments and investments.



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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.


AVANGRID, INC.

By:    /s/ R. Scott Mahoney        
Name:    R. Scott Mahoney
Title:    Senior Vice President - General Counsel and Secretary


Dated: October 19, 2018
 



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