Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
Effective April 1, 2020, Manhattan Associates, Inc. (the "Company") took certain
actions to reduce its compensation expense. The Company took these actions to
position the Company for uncertainty in the near-term caused by the COVID-19
pandemic. These actions included reducing the salaries of: the Company's
President and Chief Executive Officer, Eddie Capel, by 25%; the Company's
Executive Vice President and Chief Financial Officer, Dennis B. Story, by 15%;
and the Company's other named executive officers by 10%. The cash fees of the
members of the Company's Board of Directors were also reduced by 25%.
Item 7.01Regulation FD Disclosure.
On April 3, 2020, the Company issued a press release providing a corporate
update in response to the COVID-19 pandemic. A copy of this press release is
attached as Exhibit 99.1. Pursuant to General Instruction B.2 of Form 8-K, this
exhibit is "furnished" and not "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934
Item 9.01Financial Statements and Exhibits.
(d)Exhibits.
Exhibit No. Description
99.1 Press Release dated April 3, 2020
104 Cover Page Interactive Data File (embedded within the Inline
XBRL document)
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