Current Report Filing (8-k)
December 18 2020 - 4:06PM
Edgar (US Regulatory)
0001289340
false
0001289340
2020-12-17
2020-12-17
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
DC 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): December 17, 2020
STEREOTAXIS,
INC.
|
(Exact
Name of Registrant as Specified in Its Charter)
|
Delaware
|
(State
or Other Jurisdiction of Incorporation)
|
001-36159
|
|
94-3120386
|
(Commission
File Number)
|
|
(IRS
Employer Identification No.)
|
4320
Forest Park Avenue, Suite 100, St. Louis, Missouri
|
|
63108
|
(Address
of Principal Executive Offices)
|
|
(Zip
Code)
|
(314)
678-6100
|
(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:
|
☐
|
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
|
|
|
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☐
|
Soliciting
material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
|
|
|
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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))
|
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. ☐
Securities
registered pursuant to Section 12(b) of the Act: ☐
Title
of each class
|
|
Trading
Symbol(s)
|
|
Name
of each exchange on which registered
|
Common
Stock, par value $0.001 per share
|
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STXS
|
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NYSE
American LLC
|
Item
5.02.Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements
of Certain Officers.
On
December 17, 2020, Stereotaxis, Inc. (the “Company”) entered into an Executive Employment Agreement (the “Employment
Agreement”) with David L. Fischel, the Company’s Chief Executive Officer, effective as of December 1, 2020 pursuant
to which Mr. Fischel will continue to serve as the Company’s Chief Executive Officer and Chairman of the Board. The Employment
Agreement is an at-will employment agreement, He will be paid an annual base salary of $60,000, subject to increases as provided
by the Company from time to time in writing. He shall also be entitled to receive standard employee benefits, including vacation,
sick leave and other benefits consistent with Company policies. The Company has agreed to reimburse Mr. Fischel for his reasonable
expenses incurred in the performance of services under the Employment Agreement, including but not limited to travel expenses.
The Employment Agreement expressly permits Mr. Fischel to continue to serve as an officer or director of DAFNA Capital Management,
LLC during the term of the agreement, on substantially the same terms as currently in effect. The Employment Agreement contains
confidentiality, non-competition, non-solicitation and non-disparagement provisions.
The
foregoing description is qualified in its entirety by the terms of the Employment Agreement, which is incorporated herein by reference
and attached hereto as Exhibit 10.1.
Item
9.01.
|
Financial
Statements and 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.
|
STEREOTAXIS,
INC.
|
|
|
Date:
December 18, 2020
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By:
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/s/
Kimberly R. Peery
|
|
Name:
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Kimberly
R. Peery
|
|
Title:
|
Chief
Financial Officer
|
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