UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report:
(Date of earliest event reported)
(Exact Name of Registrant as Specified in its Charter)
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(Address of Principal Executive Offices) |
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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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Name of each exchange on which registered |
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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. ☐
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Item 5.02 |
Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers. |
On May 31, 2022, Pamela K. Kohn resigned from her position as Senior Vice President, Chief Merchandising Officer of Sally Beauty Holdings, Inc. (the “Company”). The Company and Ms. Kohn have entered into a separation agreement, pursuant to which Ms. Kohn will receive, in exchange for her release of all potential claims against the Company: 1) payment of the gross amount of $618,000; 2) an amount equal to $29,619.60,which represents the Company’s cost of health insurance continuation under COBRA for a period of 12 months; 3) payment of a prorated annual bonus for fiscal year 2022; and 4) provision of 12 months of outplacement services. The foregoing description of Ms. Kohn’s separation agreement is qualified in its entirety by reference to the full text of the separation agreement, which will be filed as an Exhibit to the Company’s next Quarterly Report on Form 10-Q and is incorporated herein by reference.
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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.
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SALLY BEAUTY HOLDINGS, INC. |
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June 3, 2022 |
By: |
/s/ Denise Paulonis |
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Name: Denise Paulonis |
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Title: President and Chief Executive Officer |
Document and Entity Information |
May 31, 2022 |
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| Cover [Abstract] | |
| Entity Registrant Name | SALLY BEAUTY HOLDINGS, INC. |
| Document Type | 8-K |
| Amendment Flag | false |
| Entity Central Index Key | 0001368458 |
| Entity Emerging Growth Company | false |
| Document Period End Date | May 31, 2022 |
| Entity File Number | 1-33145 |
| Entity Incorporation State Country Code | DE |
| Entity Tax Identification Number | 36-2257936 |
| Entity Address, Address Line One | 3001 Colorado Boulevard |
| Entity Address, City or Town | Denton |
| Entity Address, State or Province | TX |
| Entity Address, Postal Zip Code | 76210 |
| City Area Code | (940) |
| Local Phone Number | 898-7500 |
| Written Communications | false |
| Soliciting Material | false |
| Pre Commencement Tender Offer | false |
| Pre Commencement Issuer Tender Offer | false |
| Security 12b Title | Common Stock, $0.01 par value |
| Trading Symbol | SBH |
| Security Exchange Name | NYSE |