<SEC-DOCUMENT>0000059255-20-000019.txt : 20200318
<SEC-HEADER>0000059255-20-000019.hdr.sgml : 20200318
<ACCEPTANCE-DATETIME>20200318161635
ACCESSION NUMBER:		0000059255-20-000019
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20200313
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20200318
DATE AS OF CHANGE:		20200318

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			KRONOS WORLDWIDE INC
		CENTRAL INDEX KEY:			0001257640
		STANDARD INDUSTRIAL CLASSIFICATION:	INDUSTRIAL INORGANIC CHEMICALS [2810]
		IRS NUMBER:				760294959
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-31763
		FILM NUMBER:		20724725

	BUSINESS ADDRESS:	
		STREET 1:		5430 LBJ FREEWAY
		STREET 2:		SUITE 1700
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240-2620
		BUSINESS PHONE:		9722331700

	MAIL ADDRESS:	
		STREET 1:		5430 LBJ FREEWAY
		STREET 2:		SUITE 1700
		CITY:			DALLAS
		STATE:			TX
		ZIP:			75240-2620

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	KRONOS INC
		DATE OF NAME CHANGE:	20030730
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>kro8k200313.htm
<DESCRIPTION>KRONOS WORLDWIDE, INC. FORM 8-K DATED MARCH 13, 2020
<TEXT>
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    <div style="text-align: center;">&#160;&#160;<font style="font-weight: bold;">UNITED STATES</font></div>
    <div style="text-align: center; font-weight: bold;">SECURITIES AND EXCHANGE COMMISSION</div>
    <div style="text-align: center; font-weight: bold;">Washington, D.C.&#160;&#160; 20549</div>
    <div style="text-align: center; margin-top: 18pt; margin-bottom: 12pt; font-size: 14pt; font-weight: bold;">FORM 8-K</div>
    <div style="text-align: center; font-weight: bold;">CURRENT REPORT</div>
    <div style="text-align: center; font-weight: bold;">Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934</div>
    <div><br>
    </div>
    <div style="text-align: center;">Date of Report (Date of the earliest event reported)</div>
    <div style="text-align: center; font-weight: bold;">March 13, 2020</div>
    <div style="text-align: center; margin-top: 18pt; font-size: 18pt; font-variant: small-caps; font-weight: bold;">Kronos Worldwide, Inc.</div>
    <div style="text-align: center; margin-bottom: 18pt;">(Exact name of registrant as specified in its charter)</div>
    <table cellspacing="0" cellpadding="0" id="z1200a7c488344e16ad4c8a1c0136b4df" style="font-family: 'Times New Roman', Times, serif; font-size: 10pt; width: 100%; text-align: left; color: #000000;">

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          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">Delaware</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">1-31763</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;" colspan="2">
            <div style="text-align: center; font-weight: bold;">76-0294959</div>
          </td>
        </tr>
        <tr>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center;">(State or other jurisdiction of incorporation)</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;">
            <div style="text-align: center;">(Commission</div>
            <div style="text-align: center;">File Number)</div>
          </td>
          <td style="width: 33.33%; vertical-align: top;" colspan="2">
            <div style="text-align: center;">(IRS Employer</div>
            <div style="text-align: center;">Identification No.)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 33.33%; vertical-align: top;">&#160;</td>
          <td style="width: 33.33%; vertical-align: top;">&#160;</td>
          <td style="width: 33.33%; vertical-align: top;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 33.33%; vertical-align: top;">&#160;</td>
          <td style="width: 33.33%; vertical-align: top;">&#160;</td>
          <td style="width: 33.33%; vertical-align: top;" colspan="2">&#160;</td>
        </tr>
        <tr>
          <td style="width: 66.92%; vertical-align: top;" colspan="3">
            <div style="text-align: center; font-weight: bold;">5430 LBJ Freeway, Suite 1700, Dallas, Texas</div>
          </td>
          <td style="width: 33.08%; vertical-align: top;">
            <div style="text-align: center; font-weight: bold;">75240-2620</div>
          </td>
        </tr>
        <tr>
          <td style="width: 66.92%; vertical-align: top;" colspan="3">
            <div style="text-align: center;">(Address of principal executive offices)</div>
          </td>
          <td style="width: 33.08%; vertical-align: top;">
            <div style="text-align: center;">(Zip Code)</div>
          </td>
        </tr>

    </table>
    <div style="text-align: center; margin-top: 12pt;">Registrant&#8217;s telephone number, including area code</div>
    <div style="text-align: center; margin-bottom: 12pt; font-weight: bold;">(972) 233-1700</div>
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          <td style="width: 23.68%; vertical-align: top;">&#160;</td>
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          <td style="width: 23.68%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 23.68%; vertical-align: top;">&#160;</td>
          <td style="width: 52.63%; vertical-align: top;">
            <div style="text-align: center;">(Former name or former address, if changed since last report.)</div>
          </td>
          <td style="width: 23.68%; vertical-align: top;">&#160;</td>
        </tr>

    </table>
    <div style="margin-top: 18pt; margin-bottom: 12pt;">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):</div>
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            <div style="text-align: center; font-size: 14pt;">&#9633;</div>
          </td>
          <td style="width: 93.23%; vertical-align: middle;">
            <div>Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</div>
          </td>
        </tr>
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          <td style="width: 6.77%; vertical-align: top;">&#160;</td>
          <td style="width: 93.23%; vertical-align: middle;">&#160;</td>
        </tr>
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            <div style="text-align: center; font-size: 14pt;">&#9723;</div>
          </td>
          <td style="width: 93.23%; vertical-align: middle;">
            <div>Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</div>
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            <div style="text-align: center; font-size: 14pt;">&#9723;</div>
          </td>
          <td style="width: 93.23%; vertical-align: middle;">
            <div>Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</div>
          </td>
        </tr>
        <tr>
          <td style="width: 6.77%; vertical-align: top;">&#160;</td>
          <td style="width: 93.23%; vertical-align: middle;">&#160;</td>
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            <div style="text-align: center; font-size: 14pt;">&#9723;</div>
          </td>
          <td style="width: 93.23%; vertical-align: middle;">
            <div>Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</div>
          </td>
        </tr>

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    <div style="margin-top: 12pt;">Securities registered pursuant to Section 12(b) of the Act:</div>
    <div><br>
    </div>
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          <td style="width: 38%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 8pt; font-weight: bold;">Title of each class</div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 15%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 8pt; font-weight: bold;">Trading</div>
            <div style="text-align: center; font-size: 8pt; font-weight: bold;">Symbol(s)</div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom; border-bottom: #000000 2px solid;">
            <div style="text-align: center; font-size: 8pt; font-weight: bold;">Name of each exchange on which registered</div>
          </td>
        </tr>
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          <td style="width: 38%; vertical-align: top;">
            <div style="text-align: center; font-size: 8pt;">Common stock</div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 15%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">KRO</div>
          </td>
          <td style="width: 1%; vertical-align: bottom;">&#160;</td>
          <td style="width: 45%; vertical-align: bottom;">
            <div style="text-align: center; font-size: 8pt;">NYSE</div>
          </td>
        </tr>

    </table>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
      <div>Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17&#160;CFR &#167;230.405) or Rule
        12b-2 of the Securities Exchange Act of 1934 (17 CFR &#167;240.12b-2).</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
      <div style="text-align: right; margin-top: 6pt;">Emerging growth company&#160;&#160;&#9744;</div>
    </div>
    <div style="background-color: #FFFFFF;">
      <div><br>
      </div>
      <div style="margin-top: 6pt;">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&#160;13(a) of the Exchange Act.&#160;&#160;&#9744;</div>
    </div>
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              <td style="width: 72pt; vertical-align: top; align: right; font-weight: bold;">Item 5.02</td>
              <td style="width: auto; vertical-align: top;">
                <div style="font-weight: bold;">Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain
                  Officers.</div>
              </td>
            </tr>

        </table>
      </div>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">On March 13, 2020, Kelly D. Luttmer, executive vice president and chief tax officer of the registrant, provided notice to the registrant
      that, effective as of June 1, 2020, she will retire as an officer of the registrant.&#160; In connection with her retirement from the registrant, Ms. Luttmer has also provided notice to Valhi, Inc. (&#8220;Valhi&#8221;), NL Industries, Inc. (&#8220;NL&#8221;) and CompX
      International Inc. (&#8220;CompX&#8221;), affiliates of the registrant, that she will also retire as an officer of those companies as of such date.&#160; Following such retirements, Ms. Luttmer will continue to be employed by Contran Corporation (&#8220;Contran&#8221;), the
      privately-held parent corporation of the registrant, and will continue to serve as executive vice president and chief tax officer of Contran.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">Following such retirement notice of Ms. Luttmer, the registrant&#8217;s board of directors took action, also effective as of June 1, 2020, to:</div>
    <div><br>
    </div>
    <div>
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              <div style="margin-left: 36pt;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div>re-elect Kristin B. McCoy as vice president, tax of the registrant; and</div>
            </td>
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    <div>
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              <div style="margin-left: 36pt;">&#8226;</div>
            </td>
            <td style="width: auto; vertical-align: top;">
              <div>designate Ms. McCoy as an executive officer of the registrant.</div>
            </td>
          </tr>

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    </div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">Ms. McCoy, age 47, has served in various tax accounting positions with various companies related to the registrant and Contran since 2003.&#160;
      Beginning June 1, 2020, she will also serve as an executive officer of Valhi as its vice president, tax.</div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">Ms. McCoy is an employee of Contran and will provide her services to the registrant under an intercorporate services agreement between the
      registrant and Contran.&#160; For a description of the intercorporate services agreement, see &#8220;Certain Relationships and Transactions&#8221; in the registrant&#8217;s 2019 proxy statement, which description is incorporated herein by reference.&#160; In addition, for a
      discussion of potential conflicts of interest of officers who serve more than one corporation, see &#8220;Certain Relationships and Transactions&#8221; in the 2019 proxy statement, which discussion is also incorporated herein by reference.</div>
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    <div style="text-align: center; font-weight: bold;">SIGNATURE</div>
    <div><br>
    </div>
    <div><br>
    </div>
    <div style="text-indent: 36pt;">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.</div>
    <div><br>
    </div>
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          <td style="width: 47.76%; vertical-align: top;">&#160;</td>
          <td style="width: 52.24%; vertical-align: top;">
            <div style="font-variant: small-caps; font-weight: bold;">KRONOS WORLDWIDE, INC.</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.76%; vertical-align: top;">&#160;</td>
          <td style="width: 52.24%; vertical-align: top;">
            <div>(Registrant)</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.76%; vertical-align: top;">&#160;</td>
          <td style="width: 52.24%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 47.76%; vertical-align: top;">&#160;</td>
          <td style="width: 52.24%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 47.76%; vertical-align: top;">&#160;</td>
          <td style="width: 52.24%; vertical-align: top;">&#160;</td>
        </tr>
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          <td style="width: 47.76%; vertical-align: top;">&#160;</td>
          <td style="width: 52.24%; vertical-align: top;">&#160;</td>
        </tr>
        <tr>
          <td style="width: 47.76%; vertical-align: top;">&#160;</td>
          <td style="width: 52.24%; vertical-align: top; border-bottom: 2px solid black;">
            <div>By:<font id="TRGRRTFtoHTMLTab" style="display: inline-block; text-indent: 0px; font-size: 1px; width: 26.1pt">&#160;</font>&#160;/s/
                  Clarence B. Brown III</div>
          </td>
        </tr>
        <tr>
          <td style="width: 47.76%; vertical-align: top;">
            <div>Date:&#160; March 18, 2020</div>
          </td>
          <td style="width: 52.24%; vertical-align: top;">
            <div style="margin-left: 26.1pt; font-style: italic;">Vice President, General Counsel and Secretary</div>
            <div>&#160;</div>
            <div>&#160;</div>
          </td>
        </tr>

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