Business Context and Reporting Period
This Form 8-K was filed by Apogee Enterprises, Inc. on March 21, 2012. The report addresses a temporary suspension of trading under the Company's Employee Benefit Plans due to a change in the record keeper for the 401(k) Retirement Plan.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is a current event disclosure and does not contain financial statement data.
Material Changes
There are no material financial changes reported in this filing. The primary event is the administrative change of the 401(k) Plan record keeper, necessitating a temporary blackout period.
Guidance, Outlook, and Risks
- Blackout Period: Trading restrictions for Plan participants and beneficiaries will begin at 3:00 p.m. Central Daylight Time on April 26, 2012, and are expected to end the week of May 6, 2012.
- Trading Restrictions: During the blackout period, participants cannot direct investments or obtain distributions. Additionally, directors and executive officers are prohibited from purchasing or selling Company common stock (including derivatives) during this time.
- Compliance: The Company notified the Board and executive officers on March 27, 2012, in compliance with Section 306 of the Sarbanes-Oxley Act and Section 104 of Regulation BTR.
Key Facts for Investors
- Apogee Enterprises is changing its 401(k) Plan record keeper.
- A trading blackout period is scheduled from April 26, 2012, to the week of May 6, 2012.
- Directors and executive officers are barred from trading Company stock during the blackout period.
- Information regarding the blackout period can be obtained by contacting Patricia A. Beithon, General Counsel and Secretary.