<SEC-DOCUMENT>0001393905-15-000227.txt : 20150506
<SEC-HEADER>0001393905-15-000227.hdr.sgml : 20150506
<ACCEPTANCE-DATETIME>20150506164619
ACCESSION NUMBER:		0001393905-15-000227
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20150430
ITEM INFORMATION:		Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
FILED AS OF DATE:		20150506
DATE AS OF CHANGE:		20150506

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Heatwurx, Inc.
		CENTRAL INDEX KEY:			0001533743
		STANDARD INDUSTRIAL CLASSIFICATION:	CONSTRUCTION MACHINERY & EQUIP [3531]
		IRS NUMBER:				451539785
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	333-184948
		FILM NUMBER:		15837601

	BUSINESS ADDRESS:	
		STREET 1:		18001 S. FIGUEROA
		STREET 2:		UNIT F
		CITY:			GARDENA
		STATE:			CA
		ZIP:			90248
		BUSINESS PHONE:		303-532-1641

	MAIL ADDRESS:	
		STREET 1:		18001 S. FIGUEROA
		STREET 2:		UNIT F
		CITY:			GARDENA
		STATE:			CA
		ZIP:			90248
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>huwx_8k.htm
<DESCRIPTION>CURRENT REPORT
<TEXT>
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<head><title>8K</title> </head> <body style="MARGIN-TOP:0px; FONT-FAMILY:'Times New Roman'; COLOR:#000000; FONT-SIZE:10pt"> <p style=MARGIN:0px align=center><br></p> <p style=MARGIN:0px align=center><b>UNITED STATES</b></p> <p style=MARGIN:0px align=center><b>SECURITIES AND EXCHANGE COMMISSION</b></p> <p style=MARGIN:0px align=center><b>WASHINGTON, D.C. &nbsp;20549</b></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center><b>FORM 8-K</b></p> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center>CURRENT REPORT</p> <p style=MARGIN:0px align=center>PURSUANT TO SECTION 13 OR 15(d) OF THE</p> <p style=MARGIN:0px align=center>SECURITIES EXCHANGE ACT OF 1934</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=center>Date of report (Date of earliest event reported) &nbsp;&nbsp;<b>April 30, 2015</b></p> <p style=MARGIN:0px align=justify><br></p> <p style="MARGIN:0px; FONT-FAMILY:Times New Roman Bold,Times New Roman; FONT-SIZE:18pt" align=center><b>Heatwurx, Inc.</b></p> <p style=MARGIN:0px align=center>(Exact Name of Registrant as Specified in its Charter)</p> <p style=MARGIN:0px><br></p> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0 align=center> <tr height=0 style=FONT-SIZE:0px> <td width=212> <td width=212> <td width=212 /> </tr><tr> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>Delaware</b></p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>333-184948</b></p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>45-1539785</b></p></td></tr> <tr> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(State or Other Jurisdiction</p> <p style=MARGIN:0px align=center>of Incorporation)</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(Commission File Number)</p></td> <td width=212 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(IRS Employer Identification No.)</p></td></tr></table> <p style=MARGIN:0px><br></p> <table bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0 align=center> <tr height=0 style=FONT-SIZE:0px> <td width=272> <td width=104 /> </tr><tr> <td width=272 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>18001 S. Figueroa, Unit F, Gardena, CA</b></p></td> <td width=104 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center><b>90248</b></p></td></tr> <tr> <td width=272 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(Address of Principal Executive Offices)</p></td> <td width=104 style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=center>(Zip Code)</p></td></tr></table> <p style=MARGIN:0px><br></p> <p style=MARGIN:0px align=center>Registrant&#146;s telephone number, including area code: &nbsp;<font style=FONT-SIZE:9.5pt><b>(310) 324-4513</b></font></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>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:</p> <p style=MARGIN:0px align=justify><br></p> <p style="TEXT-INDENT:-48px; MARGIN:0px; PADDING-LEFT:96px">[ &nbsp;] &nbsp;Written communications pursuant to Rule 425 under the Securities Act</p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:-48px; MARGIN:0px; PADDING-LEFT:96px">[ &nbsp;] &nbsp;Soliciting material pursuant to Rule 14a-12 under the Exchange Act</p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:-48px; MARGIN:0px; PADDING-LEFT:96px">[ &nbsp;] &nbsp;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act</p> <p style=MARGIN:0px><br></p> <p style="TEXT-INDENT:-48px; MARGIN:0px; PADDING-LEFT:96px">[ &nbsp;] &nbsp;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br><br></p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px" align=justify><br></p> <p style="MARGIN-TOP:0px; WIDTH:96px; MARGIN-BOTTOM:-2px; FLOAT:left"><b>Item 5.02</b></p> <p style="TEXT-INDENT:-2px; MARGIN:0px; PADDING-LEFT:96px" align=justify><b>Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officer.</b></p> <p style="MARGIN:0px; CLEAR:left" align=justify><br></p> <p style=MARGIN:0px align=justify>On April 30, 2015, David Dworsky resigned from all offices of Heatwurx, Inc., a Delaware corporation (the &#147;<b>Company</b>&#148;) and its subsidiaries, including as President and Chief Executive Officer. Mr. Dworsky had served as President and Chief Executive Officer of the Company since November 2013. Mr. Dworsky remains a director of the Company; however, his employment by the Company has been terminated.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>In connection with Mr. Dworsky&#146;s willingness to continue to serve as a director of the Company, on April 30, 2015, the Board of Directors (with Mr. Dworsky abstaining) approved the grant to Mr. Dworsky of non-statutory options to purchase 125,000 shares of the Company&#146;s common stock. The options are exercisable at $1.50 per share and vested on the grant date. The options were granted under the Company&#146;s 2011 Equity Incentive Plan (the &#147;<b>Plan</b>&#148;) and terminate five years from the grant date.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>Mr. Dworsky also agreed to cancel options to purchase 300,000 shares of the Company&#146;s common stock.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>On April 30, 2015, the Board of Directors of the Company appointed Heather Kearns, age 37, as Interim Chief Executive Officer of the Company. <a name=_ITEM_10._ />Ms. Kearns has served as our Interim Chief Financial Officer since November 6, 2014. &nbsp;Ms. Kearns has served in the following positions during the last five years: From November of 2011 to March of 2013, Ms. Kearns worked as a consultant providing contract accounting services on special projects for Front Range CPA, LLC. From March 2013 to June 2014, Ms. Kearns worked as a Controller for the Company. &nbsp;She was responsible for financial information of the Company in assistance to the Chief Financial Officer. &nbsp;From June of 2014 to the present she has been working as a Controller for Sun Office Solutions, a retailer of office products and business solutions. &nbsp;As the controller she is the Director of accounting responsible for financial information of Sun Office Solutions. &nbsp;Prior to her appointment as Interim Chief Financial Officer, she had also been working as an independent contractor doing accounting for the Company.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>The Company has agreed to pay Ms. Kearns a monthly compensation of $9,000, plus travel expenses. &nbsp;Also, in connection with Ms. Kearns&#146; acceptance of Interim Chief Executive Officer, the Board of Directors approved the grant to her of non-statutory options to purchase 125,000 shares of the Company&#146;s common stock. &nbsp;The options are exercisable at $1.50 per share with 50% vesting on the grant date and the remaining 50% vesting one year from the grant date. The options were granted pursuant to the Plan and terminate five years from the grant date.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>There are no arrangements or understandings between Ms. Kearns and any other persons pursuant to which she was selected as an officer. &nbsp;There are no family relationships between Ms. Kearns and any director or executive officer.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>On April 30, 2015, Glenn Russell accepted his appointment as a director of the Company replacing Stephan Garland who resigned on March 17, 2015. It is anticipated that the Company will enter into a consulting agreement with an entity owned by Mr. Russell; however, as of the present, no agreement has been entered into. &nbsp;At this time, Mr. Russell has not been appointed to any committees and there are currently no plans for his appointment to any committees.</p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br><br></p> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center>2</p> <p style=MARGIN:0px><br></p> <hr size=1 noshade style="MARGIN-BOTTOM:9px; PADDING-TOP:9px"> <p style="PAGE-BREAK-BEFORE:always; MARGIN:0px" align=justify><br></p> <p style=MARGIN:0px align=center><b>SIGNATURES</b></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify>Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.</p> <p style=MARGIN:0px align=justify><br></p> <table width=100% bordercolor=transparent style="MARGIN-TOP:0px; FONT-SIZE:10pt" cellpadding=0 cellspacing=0> <tr height=0 style=FONT-SIZE:0px> <td> <td /> </tr><tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify><b>Heatwurx, Inc.</b></p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify>Date: &nbsp;May 6, 2015</p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify>By <u>/s/ Heather Kearns</u></p></td></tr> <tr> <td style=MARGIN-TOP:0px valign=top> <p style="PADDING-BOTTOM:0px; MARGIN:0px; PADDING-LEFT:0px; PADDING-RIGHT:0px; PADDING-TOP:0px">&nbsp;</p></td> <td style=MARGIN-TOP:0px valign=top> <p style=MARGIN:0px align=justify>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Heather Kearns, Interim Chief Executive Officer</p></td></tr></table> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br></p> <p style=MARGIN:0px align=justify><br><br></p> <p style="MARGIN:0px; FONT-SIZE:8pt" align=center>3</p> <p style=MARGIN:0px><br></p></body>
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