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) September 23, 2007
AMERICAN CARESOURCE HOLDINGS, INC.
(Exact Name of Registrant as Specified in its Charter)
Delaware 001-33094 20-0428568
- --------------------------------------------------------------------------------
(State or Other (Commission File Number) (IRS Employer
Jurisdiction of Incorporation) Identification No.)
5429 Lyndon B. Johnson Freeway, Suite 700, Dallas, Texas 75240
- --------------------------------------------------------------------------------
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code ( 972) 308-6830
- --------------------------------------------------------------------------------
(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 (see General Instruction A.2.)
|_| 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; Compensation Arrangements of Certain Officers.
On September 23, 2007, David S. Boone was promoted to the position of
President and Chief Executive Officer of American CareSource Holdings, Inc. (the
"Registrant"). Mr. Boone shall receive an annual salary of $265,000 for serving
as President and Chief Executive Officer. In addition, Mr. Boone received a
grant of options to purchase 100,000 shares of Common Stock of the Registrant,
priced at $2.55 per share, the closing price of the Registrant's common stock on
September 24, 2007.
Prior to his promotion, Mr. Boone was the Registrant's Chief Financial
Officer since June 2005 and Chief Operating Officer since December 2005. Prior
to joining the Registrant, from 2001 through 2005, Mr. Boone served as Senior
Vice President of Finance for Belo Corp. Mr. Boone is a Certified Public
Accountant.
SIGNATURES
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.
AMERICAN CARESOURCE HOLDINGS, INC.
Date: September 27, 2007 By: /s/David S. Boone
------------------------------
David S. Boone
Chief Executive Officer