NI Holdings Inc.

03/04/2021 | Press release | Distributed by Public on 03/04/2021 10:06

Amendment to Current Report (SEC Filing - 8-K/A)

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K/A

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 11, 2020

NI Holdings, Inc.
(Exact name of registrant as specified in its charter)
North Dakota 001-37973 81-2683619
(State or other jurisdiction of incorporation) (Commission File Number) (IRS Employer Identification No.)

1101 First Avenue North

Fargo, North Dakota

(Address of principal executive offices)
58102
(Zip code)
(701)298-4200
(Registrant's telephone number, including area code)
N/A
(Former name or former address, if changed since last report.)

Securities registered pursuant to Section 12(b) of the Securities Exchange Act of 1934:

Title of each class Trading Symbol(s) Name of each exchange on which registered
Common Stock, $0.01 par value per share NODK NasdaqCapital Market

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 (seeGeneral Instruction A.2 below):

[ ] 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))

Indicate by check mark whether the registrant is an emerging growth company as defined in as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).

Emerging growth company [X]

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. [ ]

Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

As previously disclosed in the Current Report on Form 8-K (the 'Original Current Report') filed by NI Holdings, Inc. (the 'Company') on November 13, 2020, on November 11, 2020, the Board of Directors of the Company appointed Seth Daggett to serve as Chief Financial Officer and Treasurer of the Company and Timothy J. Milius to serve as Chief Accounting Officer and Secretary of the Company, in each case effective as of May 25, 2021. Subsequent to the filing of the Original Current Report, on March 1, 2021, the Company granted to Mr. Daggett and Mr. Milius 3,700 and 2,700 restricted stock units, respectively, in connection with their appointment to their respective positions. Also, on March 1, 2021, the Company granted to Mr. Daggett and Mr. Milius performance share units with target share amounts of 5,600 and 4,000, respectively. The restricted stock units and performance share units were granted under the Company's 2020 Stock and Incentive Plan with terms substantially similar to those under prior awards granted by the Company. Additional information regarding the Company's executive compensation program can be found in its 2020 proxy statement.

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.

NI Holdings, Inc.
Date: March 4, 2021 By: /s/ Michael J. Alexander
Michael J. Alexander
President and Chief Executive Officer