ADDUS HOMECARE CORPORATION (NASDAQ:ADUS) Files An 8-K Results of Operations and Financial Condition
Item2.02. Results of Operations and Financial Condition.
On March6, 2017, Addus HomeCare Corporation (the Company) issued
a press release (the Press Release) announcing the Companys
results of operations for the fourth quarter and year ended
December31, 2016. A copy of the Press Release is furnished
herewith as Exhibit 99.1 to this report and is
incorporated herein by reference.
Item5.02. Departure of Directors or Certain Officers;
Election of Directors; Appointment of Certain Officers;
Compensatory Arrangements of Certain Officers.
On February28, 2017, the Companys Compensation Committee approved
the payment of discretionary bonuses to executive officers as set
forth below, which amounts are in addition to amounts awarded
under previously disclosed compensation plans:
|
ExecutiveOfficer |
Bonus | |||
|
Dirk Allison |
$ | 105,000 | ||
|
Darby Anderson |
$ | 68,850 | ||
|
James Zoccoli |
$ | 65,623 | ||
|
Brian Poff |
$ | 45,075 | ||
|
Brenda Belger |
$ | 32,750 |
Also on February28, 2017, the Companys Compensation Committee
authorized the Company to grant 10,000 restricted shares of the
Companys Common Stock to Brian Poff, effective as of March3,
2017. These restricted shares will vest in equal parts over the
first three anniversaries of the date of grant.
Item7.01. Regulation FD Disclosure.
On March6, 2017, the Company issued the Press Release announcing,
among other matters, its results of operations for the fourth
quarter and year ended December31, 2016, the text of which is set
forth as Exhibit 99.1.
Item9.01. Financial Statements and Exhibits.
(d) Exhibits:
|
Exhibit No. |
Description |
|
| 99.1 |
Press Release of Addus HomeCare Corporation dated March6, 2017. |
About ADDUS HOMECARE CORPORATION (NASDAQ:ADUS)
Addus HomeCare Corporation is a provider of home and community-based personal care services, which are provided primarily in the home, and is focused on the dual eligible (Medicare/Medicaid) population. The Company’s services include non-medical care, such as personal care, home support services and adult day care. The Company provides these services on a long-term, continuous basis, with an average duration of over 20 months per consumer. The Company’s services are primarily provided to older adults and younger disabled persons in consumers’ homes on an as-needed, hourly basis. The Company’s personal care services include bathing, grooming, oral care, skincare, assistance with feeding and dressing, and medication reminders. The Company’s adult day centers offer services, such as social activities, transportation services to and from the centers, the provision of meals and snacks, personal care and therapeutic activities, such as exercise and cognitive interaction. ADDUS HOMECARE CORPORATION (NASDAQ:ADUS) Recent Trading Information
ADDUS HOMECARE CORPORATION (NASDAQ:ADUS) closed its last trading session down -0.60 at 33.45 with 129,346 shares trading hands.