Current Report Filing (8-k)
December 16 2020 - 4:02PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington,
DC 20549
FORM 8-K
CURRENT
REPORT
December 10, 2020
(Date of earliest event reported)
Cinedigm Corp.
(Exact name of registrant as specified in
its charter)
Delaware
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001-31810
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22-3720962
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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237 West 35th Street, Suite 605, New York, New York
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10001
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(Address of principal executive offices)
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(Zip Code)
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212-206-8600
(Registrant’s telephone number, including
area code)
(Former name or former address, if changed
since last report)
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):
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¨
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Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
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¨
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Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
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¨
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Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
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¨
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Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
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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 transmission period for complying with any new or revised financial
accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨
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Securities registered pursuant to Section 12(b) of the Act:
Title of each class
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Trading Symbol(s)
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Name of each exchange on which registered
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Class A Common Stock
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CIDM
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Nasdaq Global Market
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers, Compensatory Arrangements
of Certain Officers.
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On December 10, 2020, Cinedigm Corp. (the “Company”)
entered into an amended employment agreement, effective as of November 19, 2020, with Christopher J. McGurk (the “McGurk
Employment Agreement”). The McGurk Employment Agreement restates the employment agreement entered into with Mr. McGurk on
November 19, 2020, except that in the event of, on or after April 1, 2020 and within two (2) years after a Change in Control (as
defined in the Company’s 2017 Equity Incentive Plan), a termination without Cause (other than due to Mr. McGurk’s death
or disability), a resignation for Good Reason, or upon notice by the Company that it does not wish to renew the Term (as defined
in the McGurk Employment Agreement), then in lieu of receiving the amounts for severance other than in connection with a Change
in Control, Mr. McGurk would be entitled to receive a lump sum payment equal to three (3) times the sum of (a) his then-current
annual Base Salary and (b) his Target Bonus (as defined in the McGurk Employment Agreement) for the year of termination.
The foregoing description of the McGurk Employment Agreement
is qualified in its entirety by reference to such agreement, which is filed herewith as Exhibit 10.1.
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Item 9.01
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Financial Statements and Exhibits.
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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 thereunto duly authorized.
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CINEDIGM CORP.
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Dated: December 16, 2020
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By:
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/s/ Gary S. Loffredo
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Gary S. Loffredo
Chief Operating Officer, President of Digital Cinema, General Counsel and Secretary
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