Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
OnJune 21, 2021 the Board of Directors (the "Board") ofSimpson Manufacturing Co., Inc. (the "Company"), upon recommendation of theNominating and Governance Committee of the Board, appointedKenneth Knight as an independent, non-employee director of the Company, effective onJune 21, 2021 . Concurrently with his appointment to the Board,Mr. Knight was appointed to serve on theAudit and Finance Committee of the Board. The Board has determined thatMr. Knight meets the independence requirements under the rules and regulations of theNew York Stock Exchange and Rule 10A-3 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"). There are no understandings or arrangements betweenMr. Knight and any other person pursuant to whichMr. Knight was selected to serve as a director of the Board. There are no relationships betweenMr. Knight and the Company or any of its subsidiaries that would require disclosure pursuant to Item 404(a) of Regulation S-K. As a non-employee director of the Company,Mr. Knight will be eligible to receive the standard compensation paid by the Company to its non-employee directors, as described in the Company's annual proxy statement and shall receive a pro-rated annual equity award of restricted stock units valued at$82,507 on the date of grant,June 21, 2021 . Additionally, the Company purchases and maintains directors' and officers' liability insurance for, and provides indemnification to, each member of the Board.
Item 7.01 Regulation FD Disclosure
OnJune 22, 2021 , the company issued a press release related to the appointment ofMr. Knight to the Company's Board of Directors. A copy of the press release is attached as Exhibit 99.1 and incorporated by reference into this Form 8-K. In accordance with General Instruction B.2 of Form 8-K, the information in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, shall not be deemed "filed" for the purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific references in such a filing.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits Exhibit No. Description 99.1 Press Release, datedJune 22, 2021 , issued bySimpson Manufacturing Co., Inc . 104 Cover Page Interactive Data File (embedded
within the Inline XBRL document)
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