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): February 2, 2017
WAYSIDE TECHNOLOGY GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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000-26408 |
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13-3136104 |
(State or other jurisdiction |
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(Commission |
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(IRS Employer |
4 Industrial Way West Suite 300, |
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07724 |
(Address of principal executive offices) |
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(Zip Code) |
732-389-0932
(Registrants 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 (see General Instruction A.2 below):
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 8.01. Other Events.
Wayside Technology Group, Inc. (the Company) has engaged in stock repurchases of its common stock (the Common Stock) from time to time. A total of 2,848,854 shares of Common Stock have been repurchased as of February 2, 2017, leaving a balance of 162,159 shares of Common Stock that the Company currently is authorized to buy back in the future. On February 2, 2017, the Board of Directors of the Company approved an increase of 500,000 shares of Common Stock to the number of shares of Common Stock available for repurchase under its repurchase plans. Giving effect to such increase, there is a balance of 662,159 shares of Common Stock that the Company currently is authorized to buy back in the future.
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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WAYSIDE TECHNOLOGY GROUP, INC. | |
Date: February 8, 2017 |
By: |
/s/ Simon F. Nynens |
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Name: |
Simon F. Nynens |
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Title: |
President and Chief Executive Officer |