<SEC-DOCUMENT>0000004457-15-000014.txt : 20150415
<SEC-HEADER>0000004457-15-000014.hdr.sgml : 20150415
<ACCEPTANCE-DATETIME>20150415170102
ACCESSION NUMBER:		0000004457-15-000014
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150415
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20150415
DATE AS OF CHANGE:		20150415

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			AMERCO /NV/
		CENTRAL INDEX KEY:			0000004457
		STANDARD INDUSTRIAL CLASSIFICATION:	SERVICES-AUTO RENTAL & LEASING (NO DRIVERS) [7510]
		IRS NUMBER:				880106815
		STATE OF INCORPORATION:			NV
		FISCAL YEAR END:			0331

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-11255
		FILM NUMBER:		15772294

	BUSINESS ADDRESS:	
		STREET 1:		1325 AIRMOTIVE WAY STE 100
		CITY:			RENO
		STATE:			NV
		ZIP:			89502
		BUSINESS PHONE:		7756886300

	MAIL ADDRESS:	
		STREET 1:		1325 AIRMOTIVE WAY
		STREET 2:		SUITE 100
		CITY:			RENO
		STATE:			NV
		ZIP:			89502

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	AMERCO
		DATE OF NAME CHANGE:	19770926
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>8kdirector.htm
<DESCRIPTION>BOARD OF DIRECTOR ELECTED
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            <p style="margin:0pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold">UNITED STATES</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold">SECURITIES AND EXCHANGE COMMISSION</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold">WASHINGTON, D.C. 20549</font></p>
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            <p style="margin:0pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold">FORM 8-K</font></p>
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            <p style="margin:0pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold">CURRENT REPORT</font></p>
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            <p style="margin:0pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold">Pursuant to Section 13 or 15(d) of the</font></p>
            <p style="margin:0pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold">Securities Exchange Act of 1934</font></p>
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                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold; text-decoration:underline">April 15, 2015</font></p>
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                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold; text-decoration:underline">AMERCO</font></p>
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                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold; text-decoration:underline">88-0106815</font></p>
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                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold">1325 Airmotive Way, Ste. 100</font></p>
                            <p style="margin:0pt 0pt 6pt; text-align:center"><font style="font-family:Arial; font-size:10pt; font-weight:bold; text-decoration:underline">Reno, Nevada 89502-3239</font></p>
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            <p style="margin:0pt"><a name="EDGAR_PAGE_START2"></a><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Item 5.02</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal">&#xa0;</font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:normal">&#160; </font><font style="font-family:'Times New Roman'; font-size:12pt; font-weight:bold">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.</font></p>
            <p style="margin:0pt"><font style="font-family:'Times New Roman'; font-size:12pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:36pt; text-align:justify; line-height:120%; font-size:10pt"><font style="font-family:Arial; font-size:10pt">On April 15, 2015, the Board of Directors</font><font style="font-family:Arial; font-size:10pt"> (the &#8220;Board&#8221;)</font><font style="font-family:Arial; font-size:10pt"> of AMERCO, a Nevada corporation (the &#8220;Company&#8221;), una</font><font style="font-family:Arial; font-size:10pt">nimously elected Samuel J. Shoen</font><font style="font-family:Arial; font-size:10pt">, age </font><font style="font-family:Arial; font-size:10pt">37</font><font style="font-family:Arial; font-size:10pt">,</font><font style="font-family:Arial; font-size:10pt"> to serve as a member of the Board of the Company, effective as of April 15, 2015, thereby filling the vacant seat on the Board.&#160; </font></p>
            <p style="margin:0pt; text-align:justify; line-height:120%; font-size:10pt"><font style="font-family:Arial; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:36pt; text-align:justify; line-height:120%; font-size:10pt"><font style="font-family:Arial; font-size:10pt">Samuel J. Shoen is not presently slated to serve on a committee of the Board. There</font><font style="font-family:Arial; font-size:10pt"> are no arrangements or understandings between Samuel J. Shoen and any other persons pursuant to which he was selected as a Director.</font><font style="font-family:Arial; font-size:10pt"> </font></p>
            <p style="margin:0pt; text-indent:36pt; text-align:justify; line-height:120%; font-size:10pt"><font style="font-family:Arial; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:36pt; text-align:justify; line-height:120%; font-size:10pt"><font style="font-family:Arial; font-size:10pt">Samuel J. Shoen is an executive officer of the Company, serving as the Project Manager of the Company&#8217;s U-Box division. </font><font style="font-family:Arial; font-size:10pt"> He is the son of Edward J. Shoen, Chairman of the Board, President, and a significant stockholder of AMERCO. Samuel J. Shoen is also a member of the Board of Directors of the Company&#8217;s subsidiaries, U-Haul International, Inc.</font><font style="font-family:Arial; font-size:10pt">, Oxford Life Insurance Compan</font><font style="font-family:Arial; font-size:10pt">y, Repwest Insurance Company</font><font style="font-family:Arial; font-size:10pt"> and Amerco Real Estate Company.&#160; </font></p>
            <p style="margin:0pt; text-indent:36pt; text-align:justify; line-height:120%; font-size:10pt"><font style="font-family:Arial; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:36pt; text-align:justify; line-height:120%; font-size:10pt"><font style="font-family:Arial; font-size:10pt">For the fiscal year ended</font><font style="font-family:Arial; font-size:10pt"> March 31,</font><font style="font-family:Arial; font-size:10pt"> 2015</font><font style="font-family:Arial; font-size:10pt"> (&#8220;Fiscal 2015&#8221;)</font><font style="font-family:Arial; font-size:10pt">, Samuel J. Shoen earned salary, bonus and director fees of $</font><font style="font-family:Arial; font-size:10pt">418</font><font style="font-family:Arial; font-size:10pt">,</font><font style="font-family:Arial; font-size:10pt">194</font><font style="font-family:Arial; font-size:10pt">.&#160; He will receive additional annual compensation based on his appoi</font><font style="font-family:Arial; font-size:10pt">ntment as a director of the Company in the amount of $67</font><font style="font-family:Arial; font-size:10pt">,</font><font style="font-family:Arial; font-size:10pt">500</font><font style="font-family:Arial; font-size:10pt">, which is the same compensation paid to other members of the Board</font><font style="font-family:Arial; font-size:10pt">.</font></p>
            <p style="margin:0pt; text-indent:36pt; line-height:120%; font-size:10pt"><font style="font-family:Arial; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:36pt; text-align:justify; line-height:120%; font-size:10pt"><font style="font-family:Arial; font-size:10pt">Samuel J. Shoen is a lender to the Company pursuant to the Company&#8217;s U-Haul Investors Club program.&#160; The U-Haul Investo</font><font style="font-family:Arial; font-size:10pt">r</font><font style="font-family:Arial; font-size:10pt">s Club provides for the issuance of notes </font><font style="font-family:Arial; font-size:10pt">by the Company directly to investors over the Company&#8217;s proprietary website, uhaulinvestorsclub.com.&#160; </font><font style="font-family:Arial; font-size:10pt">As of March 31, 2015, </font><font style="font-family:Arial; font-size:10pt">Samuel J. Shoen</font><font style="font-family:Arial; font-size:10pt"> has</font><font style="font-family:Arial; font-size:10pt"> </font><font style="font-family:Arial; font-size:10pt">loaned to the Company $</font><font style="font-family:Arial; font-size:10pt">2.2</font><font style="font-family:Arial; font-size:10pt"> million by investing in the Company&#8217;s U-Notes with interest rates between </font><font style="font-family:Arial; font-size:10pt">5.57</font><font style="font-family:Arial; font-size:10pt">% and </font><font style="font-family:Arial; font-size:10pt">8.00</font><font style="font-family:Arial; font-size:10pt">%, with the largest aggregate amount outstanding during Fiscal 2015 being $</font><font style="font-family:Arial; font-size:10pt">2.2</font><font style="font-family:Arial; font-size:10pt"> million, and during Fiscal 2015 he received pri</font><font style="font-family:Arial; font-size:10pt">ncipal re-payments of $77 thousand</font><font style="font-family:Arial; font-size:10pt">.</font></p>
            <p style="margin:0pt; text-indent:36pt; line-height:120%; font-size:10pt"><font style="font-family:Arial; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:36pt; text-align:justify"><a name="s54E44488906DC269B0CFBA710D841E28"></a><font style="font-family:Arial; font-size:10pt">Purs</font><font style="font-family:Arial; font-size:10pt">uant 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.</font></p>
            <p style="margin:0pt; text-indent:36pt; text-align:justify"><font style="font-family:Arial; font-size:10pt">&#xa0;</font></p>
            <p style="margin:0pt; text-indent:36pt"><font style="font-family:Arial; font-size:10pt">Dated: April 15, 2015</font></p>
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            <p style="margin:0pt 0pt 0pt 180pt; text-indent:36pt"><font style="font-family:Arial; font-size:10pt">AMERCO</font></p>
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            <p style="margin:0pt 0pt 0pt 216pt; text-indent:-54pt; padding-left:54pt"><font style="font-family:Arial; font-size:10pt; text-decoration:underline">/s/ Jason A. Berg</font></p>
            <p style="margin:0pt 0pt 0pt 216pt; text-indent:-54pt; padding-left:54pt"><font style="font-family:Arial; font-size:10pt">Jason A. Berg, </font></p>
            <p style="margin:0pt 0pt 0pt 216pt; text-indent:-54pt; padding-left:54pt"><font style="font-family:Arial; font-size:10pt">Princ</font><font style="font-family:Arial; font-size:10pt">ipal Financial Officer and </font></p>
            <p style="margin:0pt 0pt 0pt 216pt; text-indent:-54pt; padding-left:54pt"><font style="font-family:Arial; font-size:10pt">Chief Accounting Officer </font><a name="EDGAR_PAGE_END2"></a></p>
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</DOCUMENT>
</SEC-DOCUMENT>
