SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 3, 2013
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
3250 Van Ness Avenue, San Francisco, California 94109
(Address of principal executive offices)
Registrants telephone number, including area code (415) 421-7900
(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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
(b) On May 3, 2013, Williams-Sonoma, Inc. (the Company) entered into a Separation Agreement and General Release (the Separation Agreement) with Richard Harvey, in connection with his retirement as President of the Williams-Sonoma brand.
Pursuant to the Separation Agreement, Mr. Harvey will continue to receive his base salary of $675,000 for a period of two years, a lump sum payment of $50,000 for outplacement services and transition expenses, payments in lieu of subsidized health care coverage for two years, and reimbursement of certain fees and legal costs related to the Separation Agreement. The Company has also agreed to accelerate the vesting of 25,000 restricted stock units scheduled to vest in March 2014.
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.
|Date: May 3, 2013||By:|| |
Julie P. Whalen
Chief Financial Officer