8-K

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): June 1, 2018

SPARTAN MOTORS, INC.

(Exact Name of Registrant as Specified in Its Charter)

Michigan (State or Other Jurisdiction of Incorporation) 001-33582 (Commission File No.) 38-2078923 (IRS Employer Identification No.)

1541 Reynolds Road, Charlotte, Michigan (Address of Principal Executive Offices) 48813 (Zip Code)

517-543-6400

(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 Section 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 or Rule 12b-2 of the Securities Exchange Act of 1934.

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.

(d) Appointment of Director

On June 4, 2018, Spartan Motors, Inc. (the “Company”) announced that its Board of Directors has increased the size of the current Board to eight members and appointed Paul A. Mascarenas to the Board, effective June 1, 2018. Mr. Mascarenas will serve as a member of the Human Resources and Compensation Committee. Mr. Mascarenas’ career spanned 32 years at Ford Motor Company where from 2011 to 2014 he served as Chief Technical Officer and Vice President of Research and Advanced Engineering, and from 2007 to 2011 he served as Vice President, Global Engineering. Mr. Mascarenas currently serves on the boards of the United States Steel Corporation and ON Semiconductor Corporation, and serves as a Special Venture Partner with Fontinalis Partners LLP.

Mr. Mascarenas will be a nominee for reelection at the Company’s annual meeting of shareholders to be held in 2021. There are no arrangements or understandings between Mr. Mascarenas and any other person pursuant to which he was selected as a director, nor are there any transactions in which Mr. Mascarenas has an interest requiring disclosures under Item 404(a) of Regulation S-K. Mr. Mascarenas will receive the standard compensation arrangements for the Company’s non-employee directors, including an annual retainer and share-based compensation.

Item 9.01 Financial Statements and Exhibits

(d) Exhibits

99.1 Press Release dated June 4, 2018 regarding the appointment of Paul A. Mascarenas to the Board of Directors.

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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.

	SPARTAN MOTORS, INC.
Dated: June 4, 2018	/s/ Thomas T. Kivell
	By:	Thomas T. Kivell
	Its:	Vice President, Secretary and General Counsel

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EX-99.1

Exhibit 99.1

Spartan Motors Announces Addition of Paul Mascarenas to its Board of Directors

Bringing Global Expertise in Advanced Technologies and Product Innovation

CHARLOTTE, Mich., June 4, 2018 – Spartan Motors, Inc. (NASDAQ:SPAR) ("Spartan" or the "Company"), a global leader in specialty chassis and vehicle design, manufacturing and assembly, today announced that Paul A. Mascarenas has been appointed to the Company’s Board of Directors effective June 1, 2018. He was also appointed to the Board’s Compensation Committee.

The addition of Mr. Mascarenas to the Board of Directors brings exceptional global experience in research and development, engineering, and product innovation gained throughout his 32-year career with Ford Motor Company. Most recently, Mr. Mascarenas served as Chief Technical Officer, where he led the company’s research and advanced engineering activities, including development of Ford’s “Blueprint for Mobility,” V2X (vehicle-to-infrastructure) communications, and autonomous driving technologies. Previously, Mr. Mascarenas was the Vice President of Engineering at Ford, where he led a team of 6,000 engineers in Ford’s Global Product Development organization.

James Sharman, Chairman of the Board, commented on Mr. Mascarenas’ appointment, “We are pleased to welcome Paul to Spartan’s Board of Directors. His extensive global experience and leadership in advanced automotive technologies will be a valuable resource for the Board and management as we work to advance Spartan’s strategic efforts in alternative drive technologies. We look forward to his contribution to our Board through his world-class base of experience.”

Mr. Mascarenas currently serves on the boards of United States Steel Corporation, a leading producer of steel and steel products in North America and Europe, and ON Semiconductor Corporation, a leading manufacturer of semiconductor components. Mr. Mascarenas holds a Bachelor of Science Degree in Mechanical Engineering from the University of London, King’s College, and an honorary doctorate degree from Chongqing University in China. In January 2015, Mr. Mascarenas was awarded an OBE by Her Majesty Queen Elizabeth II, for his services to the automotive industry.

"I look forward to joining Spartan Motors' Board of Directors. I believe my background and experience, will further the efforts of the Company to expand into alternative drive technologies and enhance the product offering in the last mile delivery market. I am pleased to share my engineering and technical expertise with the Board and management team to progress Spartan’s strategic growth vision," Mr. Mascarenas commented.

Spartan Motors, Inc.

About Spartan Motors

Spartan Motors, Inc. is a leading designer, engineer, manufacturer, and marketer of a broad range of specialty vehicles, specialty chassis, vehicle bodies, and parts for the fleet and delivery, recreational vehicle (RV), emergency response, defense forces, and contract assembly (light/medium duty truck) markets. The Company's brand names — Spartan Motors, Spartan Specialty Vehicles, Spartan Emergency Response, Spartan Parts and Accessories, Smeal, and its family of brands, including Ladder Tower™ and UST®; and Utilimaster®, a Spartan Motors Company — are known for quality, durability, performance, customer service, and first-to-market innovation. The Company employs approximately 2,300 associates, and operates facilities in Michigan, Indiana, Pennsylvania, Missouri, Wisconsin, Nebraska, South Dakota; Saltillo, Mexico; and Lima, Peru. Spartan reported sales of $707 million in 2017. Visit Spartan Motors at www.spartanmotors.com.

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CONTACT:
Media:	Investors:
Samara Hamilton	Juris Pagrabs
Corporate Director of Marketing	Group Treasurer & Director of Investor Relations
Spartan Motors, Inc.	Spartan Motors, Inc.
(517) 997-3860	(517) 997-3862

 Spartan Motors, Inc.