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UNITED STATES 

SECURITIES AND EXCHANGE COMMISSION 

Washington, D.C. 20549

 

 

FORM 8-K

 

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported):   June 3, 2022

 

ELECTRONIC SYSTEMS TECHNOLOGY, INC.

(Exact name of registrant as specified in its charter)

 

Washington   000-27793   91-1238077
(State or other jurisdiction of incorporation)   (Commission File Number)   (IRS Employer Identification Number)

 

415 N. Quay St. Bldg B1    
Kennewick, WA   99336
(Address of Principal Executive Offices)   (Zip Code)

 

(509) 735-9092

(Registrant’s telephone number, including area code)

   

 

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.  ☐

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class Trading Symbol(s) Name of each exchange on which registered
N/A N/A N/A

 

 

 

 

 
 
 

 

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

 

Michael W. Eller will resign as President and CEO effective June 30, 2022. Mr. Eller will continue as Chief Financial Officer. The Board of Directors named Daniel M. Tolley, President and CEO, effective June 30, 2022.

 

Mr. Tolley graduated from Western Washington University in 1992 with a BA degree in Communications. He has been employed by the Company for 19 years, and has extensive experience in all aspects of the business.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits.

   

Exhibit No. Description
   
104 Cover Page Interactive Data File (formatted as Inline XBRL and contained in Exhibit 101).
   

 

 

 

SIGNATURES

 

Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date:  June 3, 2022 ELECTRONIC SYSTEMS TECHNOLOGY, INC.
     
  By:   /s/ Michael W. Eller
   

Michael W. Eller

President