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SNAP INTERACTIVE, INC FILES (8-K) Disclosing Change in Directors or Principal Officers, Other Events, Financial Statements and Exhibits

June 19, 2014



Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On June 17, 2014, the Board of Directors (the "Board") of Snap Interactive, Inc. (the "Company") increased the size of the Board from one (1) member to two (2) members and appointed Alexander Harrington ("Mr. Harrington") to the Board, effective immediately. Mr. Harrington will serve as a director until the Company's 2015 Annual Meeting of Stockholders. Mr. Harrington has not been appointed to any Board committees at this time.

As consideration for his service on the Board, Mr. Harrington received an option to purchase 25,000 shares of the Company's common stock. The shares underlying the stock option will vest on the first anniversary of the date of grant, provided that Mr. Harrington is providing services to the Company on such date. There are no arrangements or understandings between Mr. Harrington and any other persons pursuant to which he was selected as a director. In addition, there are no transactions between the Company and Mr. Harrington or his immediate family members requiring disclosure under Item 404(a) of Regulation S-K.

Item 8.01 Other Events.

On June 17, 2014, the Company issued a press release announcing Mr. Harrington's appointment as a director. A copy of the press release is furnished with this Form 8-K and attached hereto as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

Exhibit No. Description of Exhibit 99.1 Press release, dated June 17, 2014, issued by Snap Interactive, Inc. 2



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Source: Edgar Glimpses


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