8-KThe WireRed Alert
Executive Change
Filed Nov 14, 2018 · 7y ago · Accession 0001193125-18-326405
Plain English
Material event — a significant development the company must disclose promptly.
Read the source below for the full document.
Filing text
View original ↗UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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): November 8, 2018
CABOT CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
DELAWARE
(State or Other Jurisdiction of Incorporation)
1-5667
04-2271897
(Commission
File Number)
(IRS Employer
Identification No.)
TWO SEAPORT LANE, SUITE 1300, BOSTON,
MASSACHUSETTS
02210-2019
(Address of Principal Executive Offices)
(Zip Code)
(617) 345-0100
(Registrants Telephone Number, Including Area Code)
(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 ( see General Instruction A.2. below):
☐
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)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain
Officers; Compensatory Arrangements of Certain Officers
(b) On November 8, 2018, John K. McGillicuddy notified the Board of
Directors of Cabot Corporation (Cabot) of his intention to retire from the Board effective at Cabots Annual Meeting of Stockholders to be held on March 7, 2019.
(e) At its meeting on November 8, 2018, the Board of Directors of Cabot, based on the recommendation of the Boards Compensation
Committee (the Compensation Committee), adopted the 2018 Short-Term Incentive Compensation Plan (the Plan), which replaces the 2016 Short-Term Incentive Compensation Plan for awards granted in fiscal years beginning on or
after October 1, 2018. Under the Plan, senior executives and other key employees of Cabot designated by the Compensation Committee may receive annual cash incentive compensation determined based on the satisfaction of one or more
performance goals. The performance period applicable to awards made under the Plan is generally the Companys fiscal year. In addition to selecting participants, the Compensation Committee will establish, as it deems appropriate, the
performance goals applicable to awards, the amounts that will be payable thereunder, if the goals are achieved, and the other terms and conditions of the awards. Total amounts payable under the Plan are not determinable at this time, but the maximum
payment to any participant under the Plan for any fiscal year will in no event exceed $5,000,000.
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.
CABOT CORPORATION
By:
/s/ Brian A. Berube
Name: Brian A. Berube
Title:
Senior Vice President and General Counsel
Date: November 14, 2018
Filing details
- Company
- CABOT CORP
- Ticker
- CBT
- CIK
- 16040
- Form type
- 8-K
- Filing date
- Nov 14, 2018
- Report date
- Nov 8, 2018
- Document
- d642749d8k.htm
- Size
- 14 KB