SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of report (Date of earliest event reported) December 28, 2000
CTS CORPORATION
(Exact Name of Registrant as Specified in its Charter)
Indiana 1-4639 35-0225010
(State or other jurisdiction (Commission) (IRS Employer
of Incorporation) File Number) Identification No.)
905 West Boulevard North, Elkhart, Indiana 46514
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: 219-293-7511
N/A
(Former Name or Former Address, if Changed Since Last Report)
CL: 8-K-12-28-00 RGC
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ITEM 5. Other Events.
On December 15, 2000, the Board of Directors of the Company authorized and
directed management to determine an appropriate time frame within which to amend
the Rights Agreement, dated as of August 28, 1998 (the "Rights Agreement"),
between the Company and State Street Bank and Trust Company (the "Rights
Agent"), in order to delete the provisions that state that redemption of the
rights, amendment to the Rights Agreement and certain other actions, if taken in
the one-year period following the time that (a) any person or group acquired 15%
or more of the Company's Common Stock or (b) certain changes in the majority of
the Company's Board of Directors, required the concurrence of a majority of
those directors (i) that were members of the Company's Board of Directors before
the adoption of the Rights Agreement (or directors who were nominated or
approved by such persons) and (ii) who are not affiliated with, or
representatives of, a holder of 15% or more of the Common Stock. On December 27,
2000, management determined the outside date for such action to be the date of
the Company's Annual Meeting of Shareholders in 2002.
ITEM 7. Financial Statements and Exhibits.
(a) Financial Statements of Business Acquired: N/A
(b) Pro Forma Financial Information: None
Exhibits: None
CL: 8-K-12-28-00 RGC
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SIGNATURE
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.
CTS CORPORATION
By: /S/ Richard G. Cutter, III
Name: Richard G. Cutter, III
Title: Vice President General
Counsel and Assistant Secretary
Dated: December 28, 2000
CL: 8-K-12-28-00 RGC
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