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): November 30, 2016

 


 

Trinseo S.A.

(Exact name of registrant as specified in its charter)

 

Luxembourg

 

N/A

(State or other jurisdiction of incorporation)

 

(I.R.S. Employer Identification Number)

 

001-36473

(Commission File Number)

 

1000 Chesterbrook Boulevard, Suite 300

 

 

Berwyn, Pennsylvania

 

19312

(Address of principal executive offices)

 

(Zip Code)

 

(610) 240-3200

(Registrant’s telephone number, including area code)

 

Not Applicable

(Former name or former address, if changed since last report)

 

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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

(e)                                                          Compensatory Arrangements of Certain Officers.

 

On November 30, 2016, the Board of Directors of Trinseo S.A. (the “Company”) approved, upon the recommendation of the Company’s compensation committee, an amendment to all outstanding restricted stock unit (“RSU”) awards issued to employees under the Company’s 2014 Omnibus Incentive plan during 2015 and 2016.  This amendment entitles each award holder (including the Company’s chief executive officer, chief financial officer, and other named executive officers) to an amount equal to any cash dividend or repayment of equity paid by the Company upon one ordinary share for each RSU held by the award holder (“Dividend Equivalents”).  The Dividend Equivalents earned on the RSU awards only include dividends or repayments of equity paid after the Board’s approval of this amendment and the award holders have no right to receive the Dividend Equivalents unless and until the associated RSU awards vest. The Dividend Equivalents will be payable in cash and will not accrue interest.

 

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SIGNATURE

 

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.

 

 

 

Trinseo S.A.

 

 

 

 

By:

/s/ Angelo N. Chaclas

 

 

Name:

Angelo N. Chaclas

 

 

Title:

Senior Vice President, Chief Legal Officer and Corporate Secretary

 

Date:  December 5, 2016

 

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