INTEGER HOLDINGS CORPORATION (NYSE:ITGR) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) and (e). On May 25, 2017, Integer Holdings Corporation (the “Company”) filed a Current Report on Form 8-K with the Securities and Exchange Commission disclosing that that Kristin Trecker, the Company’s Executive Vice President & Chief Human Resources Officer, had separated from service with the Company, effective May 24, 2017, and describing the severance benefits for which Ms. Trecker was eligible. On August 22, 2017, the Company and Ms. Trecker entered into a definitive separation agreement with respect to her separation from service (the “Separation Agreement”). This Form 8-K/A is being filed to describe the terms of the Separation Agreement.
to the Separation Agreement, the Company will pay Ms. Trecker a lump sum amount of $376,616, less applicable taxes and withholdings, and will pay her legal fees incurred in connection with negotiation of the Separation Agreement. Ms. Trecker will also receive outplacement services and be eligible for continuing health insurance coverage through COBRA. The Separation Agreement contains a general release of claims in favor of the Company and other customary provisions.
