UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
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CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On April 20, 2022, Laurie L. Latham, the Senior Vice President and Chief Financial Officer of Quest Resource Holding Corporation (the “Company”), and a named executive officer of the Company, informed the Company of her plans to retire from her positions with the Company effective August 31, 2022.
On April 22, 2022, the Company and Ms. Latham entered into a Mutual Separation Agreement and Release (the “Separation Agreement”) in connection with Ms. Latham’s departure. Pursuant to the Separation Agreement, the Company has agreed, in return for a customary general release and waiver in favor of the Company and customary post-employment covenants with respect to non-compete, non-solicitation, non-disparagement and confidential Company information, to (i) pay Ms. Latham the amounts due pursuant to Ms. Latham’s Severance and Change in Control Agreement, dated November 7, 2014, as modified by the Separation Agreement, and (ii) accelerate the vesting of all unvested stock options issued to Ms. Latham in 2020 and 2021.
The foregoing summary of the Separation Agreement is qualified in its entirety by reference to the full text of the Separation Agreement, which is filed as Exhibit 10.1 hereto and incorporated herein by reference.
| Item 8.01. | Other Events. |
On April 26, 2022, the Company issued a press release announcing Ms. Latham’s retirement. A copy of the press release is attached to this Current Report on Form 8-K as Exhibit 99.1, and is incorporated herein by reference.
| Item 9.01. | Financial Statements and Exhibits. |
| (d) | Exhibits. |
| Exhibit No. | Description |
| 10.1 | Mutual Separation Agreement and Release, dated April 22, 2022, by and between the Company and Laurie L. Latham. |
| 99.1 | Press Release, dated April 26, 2022. |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
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.
| QUEST RESOURCE HOLDING CORPORATION | ||||
| Dated: April 26, 2022 | By: | /s/ S. Ray Hatch | ||
| Name: | S. Ray Hatch | |||
| Title: | President and Chief Executive Officer | |||