UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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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. |
(b) Mr. Borges has informed the Board of Directors (the “Board”) of Jefferies Financial Group Inc. (the “Company”) of his decision not to stand for re-election on the Jefferies Board and will cease his service effective March 28, 2022.
(d) On January 10, 2022, the Board of the Company elected Thomas W. Jones to the Board effective March 28, 2022. The Board has determined Mr. Jones is an independent director under applicable Securities and Exchange Commission and New York Stock Exchange rules. As of the date of this report, the Board has not yet appointed Mr. Jones to any Board committees. Mr. Jones will receive compensation consistent with that received by the Company’s other non-employee directors.
Mr. Jones is not a party to any transaction with the Company that would require disclosure under Item 404(a) of Regulation S-K. There are no arrangements or understandings between Mr. Jones and any other person pursuant to which Mr. Jones was elected to the Board.
| Item 7.01 | Regulation FD Disclosure |
On January 10, 2022, the Company issued a press release announcing the changes to the Board effective March 28, 2022, which is attached hereto as Exhibit 99.1 and incorporated herein by reference.
The information provided in this Item 7.01, including exhibits hereto, is intended to be “furnished” and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference into any other filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such a filing.
| Item 9.01 | Financial Statements and Exhibits |
| (d) |
| Exhibit Number |
Description | |
| 99.1 | Press release, dated January 10, 2022 | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document) | |
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.
| Date: January 10, 2022 | JEFFERIES FINANCIAL GROUP INC. | |||||
| /s/ Michael J. Sharp |
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| Michael J. Sharp | ||||||
| Executive Vice President and General Counsel | ||||||