Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
QSII > SEC Filings for QSII > Form 8-K on 23-May-2013All Recent SEC Filings

Show all filings for QUALITY SYSTEMS, INC | Request a Trial to NEW EDGAR Online Pro

Form 8-K for QUALITY SYSTEMS, INC


23-May-2013

Results of Operations and Financial Condition, Change in Directors or Princi


Item 2.02 Results of Operations and Financial Condition.

On May 23, 2013, Quality Systems, Inc. (the "Company") issued a press release announcing its financial performance for the period ended March 31, 2013. A copy of the press release is attached to this Form 8-K as Exhibit 99.1.

The information in this Item 2.02 of this Form 8-K, as well as Exhibit 99.1 attached hereto, shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such a filing.



Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On May 22, 2013 the Board of Directors (the "Board") of the Company appointed Mr. Michael Aghajanian to fill a vacancy on the Board. Mr. Aghajanian has also been appointed to serve on the Board's Transaction Committee.

As a non-employee director, Mr. Aghajanian will participate in the Company's 2013 Director Compensation Program and will enter into a restricted stock agreement with the Company, which will be substantially consistent with the Company's form of Amended and Restated Restricted Stock Agreement. Mr. Aghajanian will receive a pro-ration of the annual director compensation based on the number of months he will serve until the Company's 2013 Annual Shareholders' Meeting. If Mr. Aghajanian is re-elected by the Company's shareholders at the 2013 Annual Shareholders' Meeting, he will participate in the Company's 2014 Director Compensation Program. The Company will enter into an indemnification agreement with Mr. Aghajanian, which will be substantially consistent with the Company's form of Indemnification Agreement. The 2013 Director Compensation Program is filed with the Securities and Exchange Commission (the "SEC") as Exhibit 10.3 to the Company's Current Report on Form 8-K filed on May 30, 2012, and is incorporated herein by reference. The form of Amended and Restated Restricted Stock Agreement is filed with the SEC as Exhibit 10.2 to the Company's Current Report on Form 8-K/A filed on February 9, 2010, and is incorporated herein by reference. The form of Indemnification Agreement is filed with the SEC as Exhibit 10.1 to the Company's Current Report on Form 8-K filed on January 28, 2013, and is incorporated herein by reference.

-2-




Item 8.01 Other Events.

Quarterly Dividend

On May 22, 2013, the Board declared a quarterly cash dividend of $0.175 per share on the Company's outstanding shares of common stock, payable to shareholders of record as of April 14, 2013 with an anticipated distribution date on or about July 5, 2013. The $0.175 dividend is pursuant to the Company's current policy to pay a regular dividend on the Company's outstanding shares of common stock each fiscal quarter subject to Board review and approval.

Annual Meeting

On May 22, 2013, the Board set August 15, 2013 as the date of the Company's 2013 Annual Shareholders' Meeting (the "Annual Meeting"). The Annual Meeting will be held at The Irvine Marriott, 18000 Von Karman Avenue, Irvine, California 92612. Shareholders of record as of June 17, 2013 are eligible to vote and attend the Annual Meeting.

-3-




Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description

99.1 Press Release dated May 23, 2013

-4-


  Add QSII to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for QSII - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2014 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.