Current Report Filing (8-k)
April 28 2016 - 4:05PM
Edgar (US Regulatory)
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): April 22, 2016
_____________
LIFE PARTNERS HOLDINGS, INC.
(Exact name of registrant as specified in
its charter)
Texas
|
0-7900
|
74-2962475
|
(State or other jurisdiction
of incorporation)
|
(Commission
File Number)
|
(IRS Employer
Identification No.)
|
204 Woodhew
Waco, Texas
|
76712
|
(Address of principal executive offices)
|
(Zip Code)
|
Registrant’s telephone number, including
area code:
(254) 751-7797
___________________
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 (see General Instruction
A.2 below):
|
o
|
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
o
|
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))
|
|
Item 5.02
|
Departure of Directors or Certain Officers; Election
of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
|
On April 22,
2016, pursuant to a Resignation, Severance Agreement and General Release between Colette Pieper and Life Partners, Inc.,
a subsidiary of Life Partners Holdings, Inc. (the “
Company
”), and dated as of such date (the
“
Agreement
”), Ms. Pieper resigned from her position as Chief Executive Officer of the Company and
any and all other positions she held with the Company and its direct and indirect subsidiaries, effective immediately. The
Agreement provides for Ms. Pieper to receive six months base salary ($90,750.00), six months of COBRA insurance payments
($6,779.64), and payment of all accrued and unused vacation hours ($13,787.08) and includes a general release of claims
against the Company. In total, Ms. Pieper’s severance payments equal $111,316.72.
SIGNATURE
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.
|
LIFE PARTNERS HOLDINGS, INC.
|
|
|
|
|
|
|
|
|
Date: April 28, 2016
|
By:
|
/s/ H. Thomas Moran II
|
|
|
|
H. Thomas Moran II
|
|
|
|
Chapter 11 Trustee
|
|
(MM) (NASDAQ:LPHI)
Historical Stock Chart
From Mar 2024 to Apr 2024
(MM) (NASDAQ:LPHI)
Historical Stock Chart
From Apr 2023 to Apr 2024