UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Jeffery D. Ansell, who had transitioned from his position as Executive Vice President to the role of strategic advisor to the Company as of January 1, 2022, has exited the Company, effective February 4, 2022. Pursuant to an “Agreement and General Release” (“Separation Agreement”) between the Company and Mr. Ansell, his unvested Company stock options and other stock awards terminated upon his exit from the Company, and the Company agreed that he may exercise any stock options, and retain any restricted stock units, that vested before his exit. Mr. Ansell provided a general release to the Company and agreed to comply with the terms of his April 2012 Employee Restrictive Covenant Agreement, as modified by his employment and separation agreements. For further information regarding the Separation Agreement, please refer to the full text of the agreement, which is filed as Exhibit 10.1 to this Current Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits:
Exhibit Number |
Description | |
10.1 | Agreement and General Release, by and between Jeffery D. Ansell and Stanley Black & Decker, Inc., dated as of February 4, 2022. | |
104 | Cover Page Interactive Data File (formatted as inline XBRL) |
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.
Stanley Black & Decker, Inc. | ||
By: | /s/ Janet M. Link | |
Name: Janet M. Link | ||
Title: Senior Vice President, General Counsel and Secretary |
Dated: February 4, 2022