Intellicheck Inc. filed SEC Form 8-K: Leadership Update
$IDN
Computer Software: Prepackaged Software
Technology
UNITED STATES
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): July 12, 2024
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)
On July 12, 2024, Intellicheck, Inc., a Delaware corporation (the “Company”), and Jeffrey Ishmael, the Company’s Chief Financial Officer and Chief Operating Officer, entered into a separation agreement (the “Agreement”), pursuant to which Mr. Ishmael’s last date of employment with the Company will be August 31, 2024 (the “Separation Date”). The Agreement includes provisions relating to certain transition services to be provided after the Separation Date, a general release of claims, customary confidentiality and non-disparagement provisions and provides for cash payments in the aggregate of $357,500, to be paid over a 12-month period from the Separation Date, together with reimbursement of certain medical, vision and dental benefit premiums. Mr. Ishmael’s separation of employment was not due to any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
The foregoing description of the Agreement does not purport to be complete and is qualified in its entirety by reference to the full text of the Agreement. A copy of the Agreement is expected to be filed as an exhibit to the Company’s Quarterly Report on Form 10-Q for the period ending September 30, 2024.
A copy of a press release, dated July 18, 2024, announcing the foregoing is attached as Exhibit 99.1 to this Form 8-K.
9.01 Exhibits
SIGNATURES
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.
| Dated: September 29, 2023 | INTELLICHECK, INC. | |||||||
| By: | /s/ Bryan Lewis | |||||||
| Name: | Bryan Lewis | |||||||
| Title: | President, Chief Executive Officer | |||||||