UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM
CURRENT REPORT
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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 September 24, 2021, the Board of Directors (the “Board”) of Laird Superfood, Inc. (the “Company”) elected Patrick Gaston as an independent director of the Company, and also appointed Mr. Gaston as chair of the Compensation Committee of the Board.
Mr. Gaston will be compensated for his service on the Board in accordance with the Company’s compensatory and other arrangements for non-employee directors, which are described in the Company’s definitive proxy statement filed with the Securities and Exchange Commission on March 23, 2021. Mr. Gaston was awarded 1,718 restricted stock units upon joining the Board, which restricted stock units will vest on the first anniversary of the grant date.
Also on September 24, 2021, Jim Buechler notified the Company of his decision to resign from the Board, effective immediately. Mr. Buechler’s resignation was not in connection with any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
| Item 7.01 | Regulation FD Disclosure. |
On September 27, 2021, the Company issued a press release announcing the appointment of Mr. Gaston to the Board and the resignation of Mr. Buechler from the Board. The press release is being furnished as Exhibit 99.1 hereto and is incorporated by reference herein.
The information contained in this Item 7.01, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section, and shall not be incorporated by reference into any filings under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | Exhibits |
| Exhibit No. | Description | |
| 99.1 | Press release dated September 27, 2021. | |
| 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.
| Date: September 28, 2021 | Laird Superfood, Inc. | |||||
| By: | /s/ Valerie Ells | |||||
| Name: | Valerie Ells | |||||
| Title: | Chief Financial Officer | |||||