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)
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