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Section 1: 8-K (8-K)

Document



UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): January 31, 2017 (January 27, 2017)

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Vista Outdoor Inc.
(Exact name of registrant as specified in its charter)
Delaware
1-36597
47-1016855
(State or other
(Commission File Number)
(IRS Employer
jurisdiction of incorporation)
 
Identification No.)

262 N University Drive
Farmington, UT
84025
(Address of principal executive offices)
(Zip Code)

Registrant’s telephone number, including area code: (801) 447-3000

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:
o    Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o    Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))









Item 5.02.
Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers


On January 27, 2017, Thomas G. Sexton notified Vista Outdoor Inc. (Vista Outdoor or the Company) that he will be retiring from his role as Vice President, Controller, and Treasurer of the Company, effective April 7, 2017.


Item 7.01.
Regulation FD Disclosure.

On January 31, 2017, Vista Outdoor issued a press release reporting Mr. Sexton's retirement addressed above. A copy of the press release is furnished as Exhibit 99.1 to this report and incorporated herein by reference.

Note: Information in this report (including the exhibit) furnished pursuant to Item 7.01 of Form 8-K shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934 or otherwise subject to the liabilities of that section. This report will not be deemed an admission as to the materiality of any information in the report that is required to be disclosed solely as a result of the requirements of Regulation FD. Furthermore, the information provided in this report and in Exhibit 99.1 hereto shall not be deemed to be incorporated by reference into any filings of the Company under the Securities Act of 1933.

Item 9.01.
Financial Statements and Exhibits.
(d) Exhibits
Exhibit No.
Description
99.1
Press release, dated January 31, 2017.






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.

 
VISTA OUTDOOR INC.
 
By:
/s/ Scott D. Chaplin
 
 
Name: Scott D. Chaplin
 
 
Title: Senior Vice President, General Counsel and Secretary

Date: January 31, 2017






EXHIBIT INDEX
Exhibit No.
Description
99.1
Press release, dated January 31, 2017.



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Section 2: EX-99.1 (EXHIBIT 99.1)

Exhibit


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NEWS RELEASE
Corporate Communications
262 N. University Dr.
Farmington, Utah 84025
Phone:  801-447-3000
 
 
 
For Immediate Release
 
 
 
Media Contact:
Investor Contact:
 
 
Amanda Covington
Michael Pici
Phone: 801-447-3035
Phone: 801-447-3168
E-mail: media.relations@vistaoutdoor.com
E-mail: investor.relations@vistaoutdoor.com 

Vista Outdoor Controller and Treasurer Thomas G. Sexton Announces Retirement

Farmington, Utah, January 31, 2017 - Vista Outdoor Inc.’s (NYSE:VSTO) Vice President, Controller and Treasurer, Thomas G. Sexton, has announced his retirement, effective April 7, 2017.

Sexton has worked for Vista Outdoor and its predecessor companies since 1986, when he joined Honeywell in international reporting. He has held various leadership positions in finance, including Vice President and Group Controller for ATK Ammunition Systems Group (2002-2007), Corporate Controller, Interim Chief Financial Officer, and Treasurer for ATK (2007-2013), and Vice President and Controller for ATK Sporting Group (2013-2015). Sexton has served as the Controller and Treasurer for Vista Outdoor since it spun off from ATK in February 2015.

“Tom has had a successful 31-year career with Vista Outdoor, and I appreciate his steadfastness, loyalty, and innovative approach,” said Vista Outdoor Chairman and CEO Mark DeYoung. “Tom and I have worked side by side over the years. He is a man of integrity and discipline, and someone I could always count on. I wish him the best in his well-deserved retirement.”

“I’ve enjoyed my time with Vista Outdoor and am fortunate to have had an opportunity to work with really great people throughout my career,” said Sexton. “Helping lead a consumer products company that is focused on supporting individual outdoor adventures has been rewarding and full of purpose. I will miss my Vista Outdoor peers and friends who have enriched my experiences and career, but look forward to having more time to use some of the company’s great products.”
 
About Vista Outdoor Inc.






Vista Outdoor is a leading global designer, manufacturer and marketer of consumer products in the growing outdoor sports and recreation markets. The company operates in two segments, Outdoor Products and Shooting Sports, and has a portfolio of well-recognized brands that provides consumers with a wide range of performance-driven, high-quality and innovative products for individual outdoor recreational pursuits. Vista Outdoor products are sold at leading retailers and distributors across North America and worldwide. Vista Outdoor is headquartered in Farmington, Utah and has manufacturing operations and facilities in 13 U.S. States, Canada, Mexico and Puerto Rico along with international sales and sourcing operations in Asia, Australia, Canada, Europe and New Zealand. For news and information visit www.vistaoutdoor.com or follow us on Twitter @VistaOutdoorInc and Facebook at www.facebook.com/vistaoutdoor.
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