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
June
12, 2014
Date
of Report (Date of earliest event reported)
CAI International, Inc.
(Exact
name of registrant as specified in its charter)
Delaware |
001-33388 |
94-3109229 |
||
(State or other jurisdiction |
(Commission File Number) |
(I.R.S. Employer |
Steuart Tower, 1 Market Plaza, Suite 900, San Francisco, CA 94105
(Address
of principal executive offices, including ZIP Code)
Registrant’s telephone number, including area code: (415) 788-0100
N/A
(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:
⃞ 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))
Item 1.01. Entry into a Material Definitive Agreement.
On June 12, 2014, CAI International, Inc. (the “Company”) entered into a stock purchase agreement with Hiromitsu Ogawa, the Company’s founder and Chairman of the Board, pursuant to which the Company is purchasing 200,000 shares of the Company’s common stock from Mr. Ogawa at $21.93 per share (the “Stock Purchase Agreement”). The Stock Purchase Agreement contains customary representations, warranties and covenants. As Mr. Ogawa is a related party, this transaction was reviewed and approved by the Audit Committee of the Company’s Board of Directors.
The foregoing description of the Stock Purchase Agreement does not purport to be complete and is subject to, and is qualified in its entirety by reference to, the full text of the document which is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K, and is incorporated herein by reference.
On June 13, 2014, the Company issued a press release to announce the purchase of the shares from Mr. Ogawa. A copy of the press release is attached hereto as Exhibit 99.2.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No. |
Description |
99.1 | Stock Purchase Agreement, dated June 12, 2014, between CAI International, Inc. and Hiromitsu Ogawa. |
99.2 | Press Release dated June13, 2014. |
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.
CAI INTERNATIONAL, INC. | |
Dated: June 13, 2014 |
By: /s/ Timothy B. Page Name: Timothy B. Page Title: Chief Financial Officer |
EXHIBIT INDEX
Exhibit No. |
Description |
99.1 |
Stock Purchase Agreement, dated June 12, 2014, between CAI International, Inc. and Hiromitsu Ogawa. |
99.2 |
Press Release dated June 13, 2014. |