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RMKR > SEC Filings for RMKR > Form 8-K on 25-Feb-2014All Recent SEC Filings

Show all filings for RAINMAKER SYSTEMS INC



Change in Directors or Principal Officers, Financial Statements and Exhibit

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

Effective December 20, 2013, the Company appointed James Hopkins as a Class II director with a term ending upon the 2015 annual meeting of stockholders. Mr. Hopkins has devoted his career to entrepreneurial initiatives within small and medium sized technology companies, ranging from startups to public companies. Mr. Hopkins currently serves as CEO of Certara L.P., a privately-held company. Certara is engaged in the business of providing modeling and informatics software and services to pharmaceutical and biotechnology companies to assist them in developing new drugs. Mr. Hopkins' candidacy to continue as a Board member upon expiration of his term in 2015 will be subject to the approval of stockholders at the Company's annual stockholder meeting in 2015. Mr. Hopkins received a grant of 50,000 restricted shares of common stock on January 10, 2014, which were fully vested upon grant, in lieu of the automatic grant of 50,000 restricted shares for newly appointed directors under the Company's 2003 Stock Incentive Plan. Additionally, Mr. Hopkins is eligible to receive monthly board fees of $4,167 for each month of service as a director and is also eligible to receive future stock compensation for his service in accordance with the Company's 2003 Stock Incentive Plan.

Item 9.01 - Financial Statements and Exhibits.
(d) Exhibits. None.

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