0001140361-17-001712.txt : 20170112 0001140361-17-001712.hdr.sgml : 20170112 20170112163103 ACCESSION NUMBER: 0001140361-17-001712 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20170106 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20170112 DATE AS OF CHANGE: 20170112 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HOMEFED CORP CENTRAL INDEX KEY: 0000833795 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE [6500] IRS NUMBER: 330304982 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-10153 FILM NUMBER: 17525398 BUSINESS ADDRESS: STREET 1: 1903 WRIGHT PLACE STREET 2: STE 220 CITY: CARLSBAD STATE: CA ZIP: 92008 BUSINESS PHONE: 7609188200 MAIL ADDRESS: STREET 1: 1903 WRIGHT PLACE STREET 2: STE 220 CITY: CARLSBAD STATE: CA ZIP: 92008 8-K 1 form8k.htm HOMEFED CORPORATION 8-K 1-6-2017
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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):    January 06, 2017

HOMEFED CORPORATION
(Exact Name of Registrant as Specified in Its Charter)

DELAWARE
(State or Other Jurisdiction of Incorporation)

1-10153
  
33-0304982
(Commission File Number)
  
(IRS Employer Identification No.)
 
1903 WRIGHT PLACE, SUITE 220, CARLSBAD, CALIFORNIA
  
92008
(Address of Principal Executive Offices)
  
(Zip Code)

760-918-8200
(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))
 
Item 5.02
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers
 
(e)
The information set forth in response to Item 9.01 (c) is incorporated herein by reference.

Item 9.01.
Financial Statements and Exhibits
 
(c)
Exhibits
 
10.1
Information Concerning Executive Compensation.
 
2

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.

Date:  January 12, 2017
    
     
 
HOMEFED CORPORATION
  
     
 
/s/  Erin N. Ruhe
  
 
Name:  Erin N. Ruhe
  
 
Title:   Vice President
  
 
3
EXHIBIT INDEX

Exhibit No.
Description
   
Information Concerning Executive Compensation.

 
4
 EX-10.1 2 ex10_1.htm EXHIBIT 10.1
Exhibit 10.1

Information Concerning Executive Compensation
 
On January 06, 2017, the Compensation Committee of HomeFed Corporation (the “Company”) approved annual salary increases (effective January 1, 2017) and discretionary 2016 cash bonuses for each of the Company’s executive officers who were included as named executive officers in the Company’s 2016 proxy statement.

Name and Title
  
Base Salary in 2017
    
Bonus Award for 20161
  
Paul J. Borden
  
$
390,770
    
$
254,2322
 
President and
                
Chief Executive Officer
                
                 
John Kent Aden, Jr.
  
$
319,707
    
$
209,403
  
Vice President
                
                 
Christian E. Foulger
  
$
245,714
    
$
207,227
  
Vice President
                
                 
Erin N. Ruhe
  
$
234,462
    
$
206,896
  
Vice President,
                
Treasurer and Controller
                


1 Includes a holiday bonus paid to each of the named executive officers based on a percentage of salary of $11,493 for Mr. Borden, $9,403 for Mr. Aden, $7,227 for Mr. Foulger and $6,896 for Ms. Ruhe.
 
2 Also includes a gross-up bonus of $42,739 for Mr. Borden as reimbursement for taxes payable on travel, commuting and lodging expenses.