SALE Retailmenot - Series 1

 

 

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): September 4, 2014

 

 

RETAILMENOT, INC.

(Exact name of registrant as specified in its charter)

 

 

 

Delaware		001-36005		26-0159761
(State or other jurisdiction of incorporation)		(Commission File Number)		(I.R.S Employer Identification No.)

301 Congress Avenue, Suite 700

Austin, Texas 78701

(Address of principal executive offices, including zip code)

(512) 777-2970

(Registrant’s telephone number, including area code)

Not Applicable

(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):

 

¨	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))

 

 

 

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Item 2.02.

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Appointment of Eric Korman to the Board of Directors

On September 9, 2014, RetailMeNot, Inc. (the “Company”) issued a press release announcing the appointment of Eric Korman to the board of directors. Mr. Korman was appointed effective September 4, 2014. Mr. Korman will serve as a Class I director and will stand for re-appointment as a Class I director at the Company’s 2017 annual meeting of stockholders. In connection with his appointment, Mr. Korman will be awarded restricted stock units (“RSUs”) valued at $150,000 and options to purchase Series 1 common stock of the Company valued at $150,000 in accordance with the Company’s standard director compensation practices. The options and RSUs shall vest on the one-year anniversary of the date of grant. Mr. Korman will also receive a $30,000 retainer in connection with his appointment to the board of directors in accordance with the Company’s standard director compensation practices.

Mr. Korman was not selected as a director pursuant to any arrangement or understanding between him and any other person. There are no related party transactions (as defined in Item 404(a) of Regulation S-K) between Mr. Korman and the Company.

The press release announcing the appointment of Mr. Korman is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

 

Item 9.01.

Financial Statements and Exhibits

(d) Exhibits

 

Exhibit No.		Description
99.1		Press Release

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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.

 

						RETAILMENOT, INC.
Date: September 9, 2014						/s/ Louis J. Agnese, III
						Louis J. Agnese, III

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EXHIBIT INDEX

 

Exhibit No.		Description
99.1		Press Release

Exhibit 99.1

RetailMeNot, Inc. Appoints Eric Korman to Board of Directors

Austin, TX, September 9, 2014—RetailMeNot, Inc. (NASDAQ: SALE), the operator of the world’s largest marketplace for digital offers, today announced the appointment of Eric Korman to its board of directors.

Eric recently served as President of Ralph Lauren’s Digital & Global e-Commerce division, where he was responsible for the company’s digital businesses, marketing and operations, across all markets. In addition to leading the Digital division, Eric established and managed Ralph Lauren’s Customer Intelligence and Experience Management group, a global enterprise function supporting all global business channels.

“I am excited to welcome Eric to our board of directors and welcome his guidance as we develop deeper relationships with retailers who increasingly view RetailMeNot as a highly effective marketing channel,” said Cotter Cunningham, CEO & Founder, RetailMeNot, Inc. “Eric has in-depth knowledge of the retail industry and the importance of harnessing technology to utilize customer information to drive profitable sales. His involvement in our business will be a major asset as we continue to grow and support the retailers and brands we serve.”

“It is a thrilling time to join Cotter and the other board members of RetailMeNot,” said Eric Korman, board member, RetailMeNot, Inc. “Participating in the company’s evolution from an important source of traffic for e-commerce businesses, to a differentiated marketing service for all retailers, is a great opportunity. I look forward to advising the company as it partners with more brands and retailers to find new customers and augment relationships with existing ones.”

About Eric Korman

Prior to his role at Ralph Lauren, Eric served as the President of Ticketmaster Entertainment, Inc. At Ticketmaster, he led diverse business groups across multiple countries. In addition, Eric drove negotiations for Ticketmaster’s merger with Live Nation, creating the world’s largest vertically integrated live entertainment company.

Prior to Ticketmaster, Eric held numerous corporate development roles, where he led strategy, business development and M&A initiatives, at IAC/InterActiveCorp, epartners Venture Capital and The Coca-Cola Company.

Eric holds an MBA from Northwestern University’s Kellogg Graduate School of Management in Evanston, IL, and a bachelor’s degree in Economic and Political Science from Emory University in Atlanta, GA.

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About RetailMeNot, Inc.

RetailMeNot, Inc. (www.retailmenot.com/corp/) operates the world’s largest marketplace for digital offers. The company enables consumers across the globe to find hundreds of thousands of digital offers from their favorite retailers and brands. During the 12 months ended June 30, 2014, RetailMeNot, Inc. experienced more than 625 million visits to its websites. In 2013, RetailMeNot estimates $3.5 billion in its paid retailer sales were attributable to consumer traffic from digital offers in its marketplace. Its mobile apps have been downloaded over 18.5 million times. The RetailMeNot, Inc. portfolio includes www.RetailMeNot.com, the largest digital offer marketplace in the United States; www.RetailMeNot.ca in Canada; www.VoucherCodes.co.uk, the largest digital offer marketplace in the United Kingdom; www.Deals.com in Germany; www.Actiepagina.nl, a leading digital offer site in the Netherlands; Bons-de-Reduction.com and www.Ma-Reduc.com, leading digital offer sites in France; www.Poulpeo.com, a leading digital offer site with cash back in France; and www.Deals2Buy.com, a leading digital offer site in North America. RetailMeNot, Inc. is listed on the NASDAQ stock exchange under the ticker symbol “SALE.” Investors interested in learning more about the company can visit: http://investor.retailmenot.com/.

Be sure to “like” RetailMeNot, Inc. on Facebook and follow the company via Twitter @retailmenotinc.

Media Contact:

Brian Hoyt

RetailMeNot, Inc.

+1 512 777 2957

bhoyt@rmn.com