United States
Securities and Exchange Commission
Washington, DC 20549
Form 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): June 24, 2016
PERFICIENT, INC.
(Exact Name of Registrant as Specified in its Charter)
| Delaware | 001-15169 | 74-2853258 | |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |
| 555 Maryville University Drive, Suite 600, Saint Louis, Missouri | 63141 | ||
| (Address of Principal Executive Offices) | (Zip Code) | ||
Registrant’s telephone number, including area code (314) 529-3600
| Not Applicable |
| (Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On June 24, 2016, Perficient, Inc. (the “Company”) entered into a fourth amendment (the “Fourth Amendment”) to its Second Amended and Restated Credit Agreement, dated as of July 31, 2013, as previously amended (the “Credit Agreement”). The Fourth Amendment, among other things: (a) extends the maturity date for all amounts due and payable under the Credit Agreement from July 31, 2017 to July 31, 2018; (b) reduces the applicable margin for certain borrowings by 0.25%; and (c) increases the thresholds for acquisitions by the Company permitted under the Credit Agreements.
The foregoing description of the Fourth Amendment does not purport to be complete and is qualified in its entirety by reference to the full text of the Fourth Amendment, a copy of which is filed herewith as Exhibit 10.1 to this Current Report on Form 8-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
| (d) | Exhibits. |
| Exhibit | |
| Number | Description |
| 10.1 | Amendment No. 4 to Second Amended and Restated Credit Agreement, June 24, 2016, by and among Perficient, Inc., the Lenders party thereto and Silicon Valley Bank, as Lead Arranger, Book Manager, Swingline Lender and as Administrative Agent for the Lenders |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| PERFICIENT, INC. | ||
| Date: June 27, 2016 | By: | /s/ Paul E. Martin |
| Paul E. Martin | ||
| Chief Financial Officer | ||
Exhibit Index
| Exhibit | |
| Number | Description |
| 10.1 | Amendment No. 4 to Second Amended and Restated Credit Agreement, June 24, 2016, by and among Perficient, Inc., the Lenders party thereto and Silicon Valley Bank, as Lead Arranger, Book Manager, Swingline Lender and as Administrative Agent for the Lenders |