UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): March 13, 2017
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POWIN CORPORATION
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(Exact name of registrant as specified in its charter)
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Nevada
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000-54015
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87-0455378
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State or other jurisdiction incorporation
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Commission File Number
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IRS Employer
Identification No.
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20550 SW 115th Ave. Tualatin, OR 97062
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(Address of principal executive offices) (Zip Code)
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Registrant's telephone number, including area code: (503) 598-6659
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(Former name or former address, if changed since last report)
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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:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Corporate Governance and Management
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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
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Effective March 13, 2017 Craig S. Eastwood was appointed Chief Financial Officer of the Company. Prior to joining the Company, Mr. Eastwood served as Corporate Controller at Erickson Incorporated from November 2015 to the present. From November 2013 to September 2015, Mr. Eastwood was Vice President, Accounting for ESCO Corporation.
Mr. Eastwood’s annual salary will be $180,000 payable at the rate of $15,000 per month. In addition, Mr. Eastwood will be granted Restricted Stock Units equivalent to $100,000 shares of the Company’s common stock and he will be eligible to receive bonus compensation and annual stock option grants.
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.
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POWIN CORPORATION
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Dated: March 15, 2017
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By:
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/s/ Geoffrey L. Brown
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President
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