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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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).
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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. |
On June 15, 2023, Christie Raymond, the Chief Marketing Officer of Kohl’s Corporation (the “Company”), and Siobhán Mc Feeney, the Chief Technology Officer of the Company, each received a one-time grant of restricted stock units (“RSUs”) in recognition of their ongoing contributions to the Company, including their leadership on the execution of the Company’s strategic priorities, and in consideration for their continued employment with the Company.
Each June 15, 2023 grant is valued at $750,000, and the number of RSUs granted was 31,619 based on the closing share price on June 15, 2023. These RSUs will vest in three equal annual installments on the first through third anniversaries of the date of grant, subject to the terms of the Restricted Stock Unit Agreement.
The foregoing description of the RSU grants does not purport to be complete and is qualified in its entirety by reference to the Restricted Stock Unit Agreements, copies of which are attached as exhibits to this filing and incorporated by reference herein.
| Item 9.01. | Financial Statements and Exhibits. |
| Exhibit |
Description | |
| 10.1 | Restricted Stock Unit Agreement by and between Christie Raymond and Kohl’s Corporation | |
| 10.2 | Restricted Stock Unit Agreement by and between Siobhán Mc Feeney and Kohl’s Corporation | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
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.
| Dated: June 20, 2023 | KOHL’S CORPORATION | |||||
| By: | /s/ Jennifer Kent | |||||
| Jennifer Kent | ||||||
| Senior Executive Vice President, Chief Legal Officer and Corporate Secretary | ||||||