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
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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) |
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Securities registered pursuant to Section 12(b) of the Act:
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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. ☐
| Item 8.01 | Other Events. |
On June 28, 2021, U.S. Silica Holdings, Inc. (the “Company”) entered into an agreement to settle a customer dispute regarding fees related to minimum purchase commitments from 2014-2020. As a result of this resolution, the Company will receive approximately $128 million of consideration including $90 million in cash. Some of the amounts will be received in 2nd quarter 2021 and some in 3rd quarter 2021.
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: June 30, 2021
| U.S. SILICA HOLDINGS, INC. | ||
| /s/ Stacy Russell | ||
| Stacy Russell | ||
| Senior Vice President, General Counsel & Corporate Secretary | ||
Document and Entity Information |
Jun. 28, 2021 |
|---|---|
| Cover [Abstract] | |
| Amendment Flag | false |
| Entity Central Index Key | 0001524741 |
| Document Type | 8-K |
| Document Period End Date | Jun. 28, 2021 |
| Entity Registrant Name | U.S. Silica Holdings, Inc. |
| Entity Incorporation State Country Code | DE |
| Entity File Number | 001-35416 |
| Entity Tax Identification Number | 26-3718801 |
| Entity Address, Address Line One | 24275 Katy Freeway |
| Entity Address, Address Line Two | Suite 600 |
| Entity Address, City or Town | Katy |
| Entity Address, State or Province | TX |
| Entity Address, Postal Zip Code | 77494 |
| City Area Code | (281) |
| Local Phone Number | 258-2170 |
| 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 | SLCA |
| Security Exchange Name | NYSE |
| Entity Emerging Growth Company | false |