UNITED STATESSECURITIES 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): February 22, 2018
INTERSECTIONS INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
| 000-50580 | | 54-1956515 |
| (Commission File Number) | | (IRS Employer Identification No.) |
3901 Stonecroft Boulevard
Chantilly, Virginia 20151
(Address of Principal Executive Offices) (Zip Code)
(703) 488-6100
(Registrant's Telephone Number, Including Area Code)
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)) |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (Sec.230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (Sec.240.12b-2 of this chapter).
| Emerging growth company ☐ |
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
| Item 5.02. | Departures of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective February 22, 2018, Intersections Inc. (the “Company”) terminated the employment of Johan J. Roets for “cause,” pursuant to the terms of his Employment Agreement with the Company dated January 10, 2017, as amended on December 6, 2017 (the “Employment Agreement”). Mr. Roets had ceased serving as the Chief Executive Officer of the Company effective as of January 29, 2018. Mr. Roets remains a director of the Company, although the Company has requested that Mr. Roets voluntarily resign immediately from the Company’s Board of Directors. Under the terms of the Employment Agreement, Mr. Roets will not be paid any severance in connection with the termination of his employment for cause.
The description provided above under Item 5.02 is incorporated into this Item 8.01 by reference.
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.
| Dated: February 22, 2018 | INTERSECTIONS INC. | |
| | | | |
| | By: | /s/ Ronald L. Barden | |
| | | Name: Ronald L. Barden | |
| | | Title: Chief Financial Officer | |
