comScore, Inc. (NASDAQ:SCOR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02 Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
Peirez and Susan Riley were appointed to the Board of Directors
(the Board) of comScore, Inc. (the Company). A copy of the
Companys press release announcing the appointments is attached as
Exhibit 99.1 hereto.
directors, and Messrs. Kerrest and Peirez and Ms. Gersh will
serve on the Board as Class III directors. The new directors have
not been appointed to any Board committees. Each will receive an
annual cash retainer of $30,000, payable in quarterly
installments and prorated for the quarter in which Board service
begins. Each will be eligible to receive equity awards after the
Company regains compliance with financial reporting requirements.
into the Companys standard form of indemnification agreement, a
copy of which was filed with the Securities and Exchange
Commission on April 2, 2007 as Exhibit 10.1 to the Companys
Registration Statement on Form S-1, as amended. The form
indemnification agreement generally requires the Company to
indemnify directors to the fullest extent permitted by law.
an executive officer of iHeartMedia, Inc., a customer of the
Company. In 2016 and the first four months of 2017, the Company
recognized revenue of approximately $350,000 and $165,000,
respectively, from transactions with iHeartMedia, Inc. in the
normal course of business. Revenue estimates are preliminary, as
the Company has not yet finalized its financial statements for
2016 or 2017.
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Exhibit No.
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Description
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99.1
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Press Release dated June 9, 2017
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About comScore, Inc. (NASDAQ:SCOR)
comScore, Inc. is a cross-platform measurement company. The Company provides independent data, metrics, products and services to clients in the media, advertising and marketing industries. The Company delivers digital media analytics that help content owners and advertisers understand the composition of consumer media audiences, and also helps marketers understand the performance and effectiveness of advertising targeted at these audiences. The Company measures what people do as they navigate the digital world across multiple technology platforms and devices, including smartphones, tablets, televisions and desktop computers. The Company’s technology measures consumer interactions with digital media, including Websites, applications, video programming and advertising. Its solutions include Audience Analytics, Activation, Advertising Analytics and Movies Worldwide. The Company’s Audience Analytics products include MMX, Video Metrix, Mobile Metrix, qSearch and OnDemand Essentials.
