SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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): January 2, 2014
Vermillion, Inc.
(Exact name of registrant as specified in its charter)
Commission File Number: 001-34810
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Delaware | | 33-059-5156 |
(State or other jurisdiction
of incorporation) | | (IRS Employer
Identification No.) |
12117 Bee Caves Road Building Three, Suite 100, Austin, TX 78738
(Address of principal executive offices, including zip code)
512.519.0400
(Registrant’s telephone number, including area code)
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:
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☐ | 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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Due to recent changes in the sales and marketing organization of Vermillion, Inc. (the “Company”), the position of Vice President of Sales and Marketing was eliminated. As a result, William Creech, Vice President of Sales and Marketing, was terminated without cause effective January 2, 2014.
Mr. Creech’s termination was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.
On January 3, 2014, the Company entered into a short-term consulting agreement with William Creech, effective on January 6, 2014. Pursuant to the terms of the consulting agreement, Mr. Creech will provide consultation to the Company on an as needed basis through February 5, 2014 at the rate of $135 per hour.
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.
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| Vermillion, Inc. |
Date: January 3, 2014 | By:/s/ Eric J. Schoen |
| Name: Eric J. Schoen |
| Title: Vice President, Finance and Chief Accounting Officer |
