0001104659-16-152579.txt : 20161027 0001104659-16-152579.hdr.sgml : 20161027 20161027160616 ACCESSION NUMBER: 0001104659-16-152579 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 20161024 ITEM INFORMATION: Temporary Suspension of Trading Under Registrant's Employee Benefit Plans ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20161027 DATE AS OF CHANGE: 20161027 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TAILORED BRANDS INC CENTRAL INDEX KEY: 0000884217 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-APPAREL & ACCESSORY STORES [5600] IRS NUMBER: 474908760 FISCAL YEAR END: 0128 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-16097 FILM NUMBER: 161955571 BUSINESS ADDRESS: STREET 1: 6380 ROGERDALE RD CITY: HOUSTON STATE: TX ZIP: 77072 BUSINESS PHONE: 281-776-7000 MAIL ADDRESS: STREET 1: 6380 ROGERDALE RD CITY: HOUSTON STATE: TX ZIP: 77072 FORMER COMPANY: FORMER CONFORMED NAME: MENS WEARHOUSE INC DATE OF NAME CHANGE: 19930328 8-K 1 a16-20200_18k.htm 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): October 24, 2016

 

Tailored Brands, Inc.

(Exact name of registrant as specified in its charter)

 

Texas
(State or other jurisdiction
of incorporation)

 

1-16097
(Commission File Number)

 

47-4908760
(IRS Employer Identification No.)

 

6380 Rogerdale Road

 

 

 

 

Houston, Texas

 

 

 

77072

(Address of principal executive offices)

 

 

 

(Zip Code)

 

281-776-7000
(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 (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))

 

 

 



 

Item 5.04.  Temporary Suspension of Trading Under Registrant’s Employee Benefit Plans.

 

On October 24, 2016, Tailored Brands, Inc. (the “Company”) sent a notice required by Rule 104 of Regulation BTR to its directors and executive officers informing them of a blackout period beginning on November 22, 2016 and ending during the week of December 11, 2016 (the “Blackout Period”).  The Blackout Period is being imposed in connection with the change of recordkeeper and custodian of The Men’s Wearhouse, Inc. 401(k) Savings Plan (the “Plan”).

 

The Company received the notice required by Section 101(i)(2)(E) of the Employee Retirement Income Security Act of 1974 on October 24, 2016, which indicated that Plan participants will not be able to direct or diversify investments in their individual accounts or obtain a loan or distribution during the Blackout Period.

 

A copy of the notice transmitted to the directors and executive officers of the Company is filed herewith as Exhibit 99.1 and incorporated by reference into this Item.

 

Item 9.01   Financial Statements and Exhibits.

 

(d)           Exhibits.  The following exhibit is included in this Form 8-K:

 

Exhibit

 

 

Number

 

Description

 

 

 

99.1

 

Notice to Directors and Executive Officers dated October 24, 2016.

 

2



 

SIGNATURES

 

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

 

Date:      October 27, 2016

 

 

TAILORED BRANDS, INC.

 

 

 

 

 

 

 

By:

/s/ Brian T. Vaclavik

 

 

Brian T. Vaclavik

 

 

Senior Vice President and Chief Accounting Officer

 

3



 

EXHIBIT INDEX

 

 

Exhibit

 

 

Number

 

Description

 

 

 

99.1

 

Notice to Directors and Executive Officers dated October 24, 2016.

 

4


EX-99.1 2 a16-20200_1ex99d1.htm EX-99.1

Exhibit 99.1

 

 

IMPORTANT NOTICE REGARDING

THE MEN’S WEARHOUSE, INC. 401(K) SAVINGS PLAN BLACKOUT PERIOD

AND YOUR RIGHTS TO TRADE TAILORED BRANDS, INC. COMMON STOCK

DURING THE BLACKOUT PERIOD

 

To:

Tailored Brands, Inc. Directors and Executive Officers

 

 

From:

Sandy Rhodes, EVP, General Counsel, Chief Compliance Officer and Corporate Secretary

 

 

Date:

October 24, 2016

 

The Men’s Wearhouse, Inc. 401(k) Savings Plan (the “Plan”) will be entering into a blackout period on November 22, 2016 due to a change in the Plan’s Trustee and Custodian from T. Rowe Price to Great-West Trust Company (i.e., Empower Retirement). During the blackout period, Plan participants will not be able to direct or diversify investments in their individual accounts or obtain a loan or distribution. This includes participants’ investments in the Tailored Brands Stock Fund.

 

Your ability to trade the Company’s Common Stock is also impacted by the Plan blackout.  Under the Sarbanes-Oxley Act of 2002, directors and executive officers of the Company are generally prohibited from engaging in transactions involving the Company’s Common Stock during this blackout period.

 

We will be in the regular quarterly blackout period during this timeframe; however, this notice of the required blackout resulting from the Plan changes is mandated by the Securities and Exchange Commission to be sent to each of you to notify you of the need for this blackout and the consequences of violating these rules.

 

Specifically, the SEC rules prohibit you from, directly or indirectly, purchasing, selling or otherwise transferring any equity security of the Company that you acquired in connection with your service as a director or executive officer of the Company. The following are examples of transactions that you may not engage in during the blackout period:

 

·                  exercising stock options granted to you in connection with your service as a director or executive officer;

 

·                  selling Company Common Stock that you acquired by exercising stock options; and

 



 

·                  selling Company Common Stock that you originally received as a restricted stock grant or upon the vesting of deferred stock units or performance units.

 

There are certain exemptions, including:

 

·                  purchases or sales under a 10b5-1 trading plan (so long as you do not make or modify your election during the blackout period or at a time when you are aware of the actual or approximate dates of the blackout);

 

·                  bona fide gifts, bequests and transfers pursuant to domestic relations orders; and

 

·                  purchases or sales of Company Common Stock under the Plan or the Employee Stock Discount Plan pursuant to your already existing, on-going employee deferrals.

 

If you engage in a transaction that violates these rules, you can be required to disgorge your profits from the transaction and you are subject to civil and criminal penalties.

 

KEY DATES:

 

Blackout Begins: November 22, 2016

 

Blackout Expected to End: Sometime during the week of December 11, 2016

 

While we anticipate a smooth transition, you will be notified in the unlikely event that an extension of the blackout period is needed. If you have any questions concerning this notice or want to confirm the status of the blackout period, you should contact Sandy Rhodes at (281) 776-7000 at the Company’s offices located at 6100 Stevenson Blvd, Fremont, CA 94538.

 


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