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SAMG > SEC Filings for SAMG > Form 8-K on 19-Nov-2013All Recent SEC Filings

Show all filings for SILVERCREST ASSET MANAGEMENT GROUP INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for SILVERCREST ASSET MANAGEMENT GROUP INC.


19-Nov-2013

Termination of a Material Definitive Agreement, Change in


Item 1.02 Termination of a Material Definitive Agreement

On November 18, 2013, the Stockholders' Agreement among Silvercrest Asset Management Group Inc. (the "Company") and the holders of Class B common stock of the Company terminated in accordance with its terms upon G. Moffett Cochran ceasing to be the Chief Executive Officer of the Company. Pursuant to the terms of the Stockholders' Agreement, the holders of Class B common stock of the Company agreed to vote all their shares of Class B common stock together on any matter submitted to the Company's common stockholders for a vote in accordance with the determination of the Executive Committee of Silvercrest L.P.



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

The Company sadly announced today that G. Moffett Cochran, who was the Company's Chairman, Chief Executive Officer and co-founder, died yesterday.

On November 18, 2013, the Company announced that its Board of Directors appointed Richard R. Hough III, the Company's President and Chief Operating Officer and a member of its Board of Directors, as Acting Chief Executive Officer.

Copies of the news releases are attached as Exhibits 99.1 and 99.2 and are incorporated into this report by reference.



Item 8.01 Other Events.

On November 18, 2013, the Company announced that G. Moffett Cochran entered the hospital in critical condition as a result of his previously disclosed medical condition.

A copy of the news release is attached as Exhibit 99.3 and is incorporated into this report by reference.



Item 9.01. Financial Statements and Exhibits

Exhibit No.      Description

99.1             Press release of Silvercrest Asset Management Group Inc. dated November
                 18, 2013 appointing Richard R. Hough III as Acting Chief Executive
                 Officer.

99.2             Press release of Silvercrest Asset Management Group Inc. dated November
                 19, 2013.

99.3             Press release of Silvercrest Asset Management Group Inc. dated November
                 18, 2013.


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