UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
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CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): November 22, 2002
WSI INDUSTRIES, INC.
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(Exact name of registrant as specified in its charter)
Minnesota 41-0691607
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(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
18151 Territorial Road, Osseo, MN 55369
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(Address of principal executive offices)
Registrant's telephone number, including area code: (763) 428-4308
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Items 1, 2, 3, 4, 6, 8 and 9 are not applicable and therefore omitted.
ITEM 5. OTHER EVENTS
On October 18, 2002, Michael N. Taglich, Robert F. Taglich, B. Kent
Garlinghouse, Dennis Fortin and John R. Wiencek filed a Schedule 13D relating to
their beneficial ownership of common stock, $0.10 par value, of WSI Industries,
Inc. (the "Company"). The Schedule 13D indicated that Michael N. Taglich
intended to file proxy materials with the Securities and Exchange Commission in
which he proposed to nominate the Schedule 13D reporting persons to be directors
of the Company. On November 22, 2002, the Company and Michael N. Taglich entered
into the letter agreement attached hereto as Exhibit 99.1 relating to the
proposals contained in the Schedule 13D.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS
Exhibit 99.1 Letter Agreement dated November 22, 2002 between WSI
Industries, Inc. and Michael N. Taglich.
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, thereunto duly authorized.
WSI INDUSTRIES, INC.
By: /s/ Paul Sheely
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Paul D. Sheely, Vice President,
Finance & CFO
December 3, 2002