QUEST RESOURCE HOLDING CORPORATION (NASDAQ:QRHC) 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.
QUEST RESOURCE HOLDING CORPORATION (NASDAQ:QRHC) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On September 1, 2019, certain Directors of Quest Resource Holding Corporation, a Nevada corporation (the “Company”) elected to receive some or all of their monthly retainer Director fees for the next 12 months in stock through the issuance of Deferred Stock Units. Under this arrangement, such Directors will receive Deferred Stock Units which entitle such Directors to receive an amount of Company Common Stock, $0.001 par value (the “Common Stock”) equal to the monthly retainer divided by the closing price of the Common Stock as reported by the Nasdaq Capital Market on the last trading day of such month. Directors who elected to receive Deferred Stock Units will not receive the Common Stock, or otherwise have any rights with respect to such Common Stock, until they no longer serve on the Board of Directors. The form of Deferred Stock Unit Agreement has been filed as Exhibit 99 to this Form 8-K.
On August 30, 2019, Richard L. Hobby resigned as Senior Vice President of Sales of the Company. The Company is in the process of hiring a successor to Mr. Hobby.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99 Form of Quest Resource Holding Corporation Deferred Stock Unit Agreement.
Quest Resource Holding Corp Exhibit
EX-99 2 qrhc-ex99_6.htm EX-99 qrhc-ex99_6.htm Exhibit 99 QUEST RESOURCE HOLDING CORPORATION DEFERRED stock unit AGREEMENT FOR [Insert name of Recipient] 1.Award of Deferred Stock Units. Quest Resource Holding Corporation,…
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About QUEST RESOURCE HOLDING CORPORATION (NASDAQ:QRHC)
Quest Resource Holding Corporation (QRHC) provides businesses with one-stop management programs to reuse, recycle and dispose of a range of waste streams and recyclables generated by their businesses and operate social media and online data platforms that contain information and instructions to recycle or properly dispose of household products and materials. The Company’s reuse, recycling and disposal management programs are designed to enable regional and national customers to have a single point of contact for managing a range of waste streams and recyclables. Its directory of local recycling and disposal options provides guidance for the proper recycling or disposal of a range of household products and materials. Its services focuses on the waste streams and recyclables from big box, food chain and other retailers; automotive and fleet providers; hospital and other healthcare facilities, and commercial, industrial, residential and educational properties.
