0001038133-17-000059.txt : 20171206 0001038133-17-000059.hdr.sgml : 20171206 20171205183654 ACCESSION NUMBER: 0001038133-17-000059 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20171205 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20171206 DATE AS OF CHANGE: 20171205 FILER: COMPANY DATA: COMPANY CONFORMED NAME: HESKA CORP CENTRAL INDEX KEY: 0001038133 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 770192527 STATE OF INCORPORATION: DE FISCAL YEAR END: 0214 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-22427 FILM NUMBER: 171240788 BUSINESS ADDRESS: STREET 1: 3760 ROCKY MOUNTAIN AVENUE CITY: LOVELAND STATE: CO ZIP: 80538 BUSINESS PHONE: 9704937272 MAIL ADDRESS: STREET 1: 3760 ROCKY MOUNTAIN AVENUE CITY: LOVELAND STATE: CO ZIP: 80538 8-K 1 a8-kgrassman.htm 8-K Document


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
 
 
November 30, 2017
Date of Report (Date of earliest event reported)
 
 
 
 
 
HESKA CORPORATION
(Exact name of Registrant as specified in its charter)
 
Delaware
000-22427
77-0192527
(State or other jurisdiction of
incorporation)
(Commission File Number)
(I.R.S. Employer Identification No.)
 

3760 Rocky Mountain Avenue
Loveland, Colorado 80538
(Address of principal executive offices, including zip code)
 
 
(970) 493-7272
(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 communication 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))
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.
On December 1, 2017, Heska Corporation (the “Company”) announced the promotion of Ms. Catherine Grassman to Vice President, Chief Accounting Officer and Controller of the Company, following the departure on November 30, 2017 of Mr. John McMahon, who was serving as the Company’s Vice President and Chief Financial Officer. Ms. Grassman’s annual salary rate was increased to $210,000 effective December 1, 2017. Effective with her promotion, Ms. Grassman is the Company’s principal financial and principal accounting officer, and it is anticipated that, as such, she will provide certifications required by Rules 13a-14(a) and 13a-14(b) promulgated under the Securities Exchange Act of 1934 to be included in the Company’s upcoming Annual Report on Form 10-K.
Ms. Grassman, who is 41 years old, has been Heska’s Corporate Controller since January 2017. Previously, Ms. Grassman was with PricewaterhouseCoopers, LLP, an unaffiliated international public accounting firm, for 15 years, most recently as Senior Manager. She is licensed in Colorado as a certified public accountant and possesses a Masters of Accountancy and a Bachelors of Accounting. Ms. Grassman is expected to serve the Company in this new capacity at the pleasure of the Board of Directors for the foreseeable future and until her further promotion or earlier resignation or removal. A copy of the press release announcing Ms. Grassman’s promotion is attached as an exhibit to this current report and incorporated herein by reference.
There are no arrangements or understandings between Ms. Grassman and any other person in connection with her appointment to her new position at the Company, and she does not have any family relationships with any director or executive officer of the Company or any person nominated or chosen to become a director or executive officer of the Company. Finally, there are no “related person” transactions (within the meaning of Item 404(a) of Regulation S-K promulgated by the Securities and Exchange Commission) between Ms. Grassman and the Company, and she did not enter into any new plans, contracts or arrangements with the Company in connection with her promotion.
Item 9.01     Financial Statements and Exhibits.
(d)    Exhibits.
Exhibit No.
  
Exhibit Description
 
 
  













SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 
HESKA CORPORATION,
a Delaware corporation
 
 
Dated: December 5, 2017
By: /s/ Jason A. Napolitano
      Jason A. Napolitano
      Chief Operating Officer, Chief Strategist and
      Secretary 



EX-1 2 grassmanexhibit991.htm EXHIBIT 99.1 Exhibit


Exhibit 99.1
Heska promotes Catherine Grassman to Vice President and Chief Accounting Officer and announces executive departure

LOVELAND, Colo., Dec. 1, 2017 /PRNewswire/ -- Heska Corporation (NASDAQ: HSKA - News; "Heska" or the "Company"), a provider of advanced veterinary diagnostic and specialty products, announced today that Catherine Grassman is promoted to Vice President, Chief Accounting Officer and Controller following the departure of John McMahon, Vice President and Chief Financial Officer.

"Catherine is a deeply experienced financial executive who already knows Heska well and is highly qualified to serve as vice president and principal accounting officer," commented Kevin Wilson, President and Chief Executive Officer. "Catherine has been a central figure in the Company's accounting and finance leadership throughout 2017. We expect a seamless transition and know that Catherine's expertise will play a key role in helping us execute our plans."

Mr. Wilson further stated, "This change did not arise from any issues involving the Company's financial results, which are meeting our expectations, business practices, internal controls or financial reporting procedures. We continually expect the best of ourselves to meet our goals. To that end, we regularly evaluate our team mix to optimize current and long-term performance. As our team strengthens, we wish the best for those departing and congratulate those advancing into new roles."

Catherine Grassman, 41, has been Heska's Corporate Controller since January 2017. Previously, Ms. Grassman was with PricewaterhouseCoopers, LLP for 15 years, most recently as Senior Manager. She is licensed in Colorado as a Certified Public Accountant and possesses a Masters of Accountancy and a Bachelors of Accounting.

About Heska

Heska Corporation (NASDAQ:HSKA - News) sells advanced veterinary diagnostic and specialty products. Heska's state-of-the-art offerings include blood testing instruments and supplies, digital imaging products, software and services, vaccines, local and cloud-based data services, allergy testing and immunotherapy, and single-use offerings such as in-clinic diagnostic tests and heartworm preventive products. The Company's core focus is on supporting veterinarians in the canine and feline healthcare space. For further information on Heska and its products, visit www.heska.com.
Contact Heska today at 800.464.3752 and visit www.heska.com for more information.

Forward-Looking Statements

This announcement contains forward-looking statements regarding Heska's future financial and operating results. These statements are based on current expectations and are subject to a number of risks and uncertainties. Investors should note that there is an inherent risk in using past results, including trends, to predict future outcomes, including financial results and perceived customer behavior. Factors that could affect the business and financial results of Heska generally include, but are not limited to, the following: risks related to reliance on third parties to develop and manufacture products for Heska; risks related to the commercialization of new products; uncertainties related to attempts to expand into international markets, including, but not limited to, uncertainties related to timing, profitability and currency effects; uncertainties related to Heska's ability to measure and predict trends in the veterinary market; uncertainties related to Heska's ability to measure and predict the effectiveness of commercial





relationships; uncertainties related to the future impact of recent business development activity; risks related to personnel; litigation risks; risks related to Heska's reliance on third-party suppliers, which is substantial; competition; and the risks set forth in Heska's filings and future filings with the Securities and Exchange Commission, including those set forth in Heska's Quarterly Report on Form 10-Q for the period ended September 30, 2017.