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CAP > SEC Filings for CAP > Form 8-K on 13-Mar-2014All Recent SEC Filings

Show all filings for CAI INTERNATIONAL, INC.



Other Events

Item 8.01. Other Events.

On March 5, 2014 CAI International, Inc. (the "Company") adopted a pre-arranged stock trading plan for the purpose of repurchasing up to 1.3 million shares of the Company's common stock in accordance with guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company's policies regarding stock transactions (the "10b5-1 Plan"). This plan has been established in accordance with, and as a part of, the Company's current share repurchase program authorized by the Board of Directors and announced by press release dated February 27, 2014. The 10b5-1 Plan will cover the repurchase of shares of the Company's common stock commencing no earlier than March 17, 2014 and expiring no later than May 1, 2014. Repurchases are subject to SEC regulations as well as certain price, market volume and timing requirements specified in the 10b5-1 Plan. There can be no assurance as to the number of shares of the Company's common stock, if any, that will be repurchased under the 10b5-1 Plan, or the specific pricing thereof.

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