SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of The
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 27, 2021
Streamline Health Solutions, Inc.
(Exact name of registrant as specified in its charter)
(State or other jurisdiction
11800 Amber Park Dr., Suite 125
Alpharetta, GA 30009
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (888) 997-8732
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
|☐||Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)|
|☐||Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)|
|☐||Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))|
|☐||Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))|
Securities registered pursuant to Section 12(b) of the Act:
|Title of each class||Trading Symbol||Name of each exchange on which registered|
|Common Stock, $0.01 par value||STRM||Nasdaq Capital Market|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(e) On August 27, 2021, the Compensation Committee of the Board of Directors of Streamline Health Solutions, Inc. (the “Company”) approved the following one-time cash bonus payments to certain of the named executive officers listed in the Company’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on April 22, 2021:
|Wyche T. “Tee” Green III||President, Chief Executive Officer and Chairman||$||125,000|
|Thomas J. Gibson||Senior Vice President and Chief Financial Officer||$||70,000|
|William G. Garvis||Senior Vice President and Chief Operating Officer||$||20,000|
Such bonus payments are in recognition of the closing of the Company’s previously-disclosed acquisition of all of the issued and outstanding units of membership interest of Avelead Consulting, LLC, a Georgia limited liability company, and will be paid on or about September 15, 2021.
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.
|Streamline Health Solutions, Inc.|
|Date: September 2, 2021||By:||/s/ Thomas J. Gibson|
|Name:||Thomas J. Gibson|
|Title:||Chief Financial Officer|