AAC HOLDINGS, INC. (NYSE:AAC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

0

AAC HOLDINGS, INC. (NYSE:AAC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item5.02.

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

After receiving the requisite number of votes for approval from
the stockholders of AAC Holdings, Inc. (the Company) at the
Companys 2017 Annual Meeting of Stockholders (the Annual
Meeting), the Company executed (i)the First Amendment (the EIP
Amendment) to the AAC Holdings, Inc. 2014 Equity Incentive Plan
(the 2014 Equity Incentive Plan) and (ii)the First Amendment (the
ESPP Amendment) to the AAC Holdings, Inc. Employee Stock Purchase
Plan (the ESPP), each effective as of May16, 2017. The EIP
Amendment increases the number of shares of the Companys common
stock, par value $0.001 per share (the Common Stock), reserved
for issuance under the 2014 Equity Incentive Plan by 1,800,000
shares and the ESPP Amendment increases the number of shares of
Common Stock reserved for issuance under the ESPP by 250,000
shares.

The foregoing description of the EIP Amendment and ESPP Amendment
is a summary and does not purport to be complete. The foregoing
description is qualified in its entirety by reference to the full
text of each of the 2014 Equity Incentive Plan, as amended by the
EIP Amendment and the ESPP, as amended by the ESPP Amendment,
which are filed herewith as Exhibits 10.1 and 10.2 to this
Current Report on Form 8-K and are incorporated herein by
reference.

Item5.07. Submission of Matters to a Vote of Security
Holders.

At the Annual Meeting held on May16, 2017, a total of 21,610,056
shares of Common Stock out of a total of 24,092,415 shares of
Common Stock outstanding and entitled to vote as of the record
date for the Annual Meeting, were present in person or
represented by proxies. The following proposals were voted on and
approved by the Companys stockholders at the Annual Meeting:

1. The stockholders elected Jerry D. Bostelman, Lucius E. Burch,
III, Michael T. Cartwright, Darrell S. Freeman, Sr., David C.
Kloeppel, Jerrod N. Menz, Richard E. Ragsdale and Darryl E.
Rouson to serve as directors to hold office until the annual
meeting of stockholders to be held in 2018 and until their
successors are duly elected and qualified.

Nominee

For Withheld BrokerNon-Votes

Jerry D. Bostelman

14,028,289 177,038 7,404,729

Lucius E. Burch, III

14,163,614 41,713 7,404,729

Michael T. Cartwright

14,162,956 42,371 7,404,729

Darrell S. Freeman, Sr.

14,021,149 184,178 7,404,729

David C. Kloeppel

14,164,214 41,113 7,404,729

Jerrod N. Menz

13,685,638 519,689 7,404,729

Richard E. Ragsdale

14,126,611 78,716 7,404,729

Darryl E. Rouson

14,187,305 18,022 7,404,729

2. The stockholders approved the EIP Amendment.

For

Against

Abstentions

12,518,745 1,685,215 1,367

3. The stockholders approved the material terms of the 2014
Equity Incentive Plan, as amended by the EIP Amendment, for
purposes of complying with Section162(m) of the Internal Revenue
Code of 1986, as amended, and the regulations promulgated
thereunder.

For

Against

Abstentions

14,095,179 109,283

4. The stockholders approved the ESPP Amendment.

For

Against

Abstentions

14,184,622 18,748 1,957

5.The stockholders ratified the appointment of BDO USA, LLP as
the Companys independent registered public accounting firm for
the fiscal year ending December31, 2017.

For

Against

Abstentions

21,596,424 12,392 1,240
Item9.01. Financial Statements and Exhibits.
(d) Exhibits.
10.1 AAC Holdings, Inc. 2014 Equity Incentive Plan, as amended
10.2 AAC Holdings, Inc. Employee Stock Purchase Plan, as amended


About AAC HOLDINGS, INC. (NYSE:AAC)

AAC Holdings, Inc. is a provider of inpatient and outpatient substance abuse treatment services for individuals with drug and alcohol addiction. The Company performs drug testing and diagnostics laboratory services and provides physician services to its clients. As of June 30, 2016, the Company operated 12 residential substance abuse treatment facilities located throughout the United States, focused on delivering clinical care and treatment solutions across 1,139 beds, which includes 636 licensed detoxification beds, and 18 standalone outpatient centers. In addition, the Company focuses on expanding The Oxford Centre facility. As of June 30, 2016, the Company’s capacity at its Forterus treatment facility was 14 beds. The Company is engaged in deploying research-based treatment programs with structured curricula for detoxification, residential treatment, partial hospitalization and intensive outpatient care. The Company is also an Internet marketer in the addiction treatment industry.

AAC HOLDINGS, INC. (NYSE:AAC) Recent Trading Information

AAC HOLDINGS, INC. (NYSE:AAC) closed its last trading session down -0.20 at 6.87 with 106,679 shares trading hands.