Groupon Files 8-K on Officer Changes and Shareholder Votes
Ticker: GRPN · Form: 8-K · Filed: Jun 12, 2024 · CIK: 1490281
| Field | Detail |
|---|---|
| Company | Groupon, INC. (GRPN) |
| Form Type | 8-K |
| Filed Date | Jun 12, 2024 |
| Risk Level | low |
| Pages | 3 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.0001 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, officer-changes, shareholder-vote
Related Tickers: GRPN
TL;DR
Groupon's 8-K details leadership changes and upcoming shareholder votes.
AI Summary
Groupon, Inc. filed an 8-K on June 12, 2024, reporting on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements. The filing also covers the submission of matters to a vote of security holders and financial statements and exhibits.
Why It Matters
This filing provides crucial updates on the company's leadership and governance, which can impact investor confidence and strategic direction.
Risk Assessment
Risk Level: low — This is a routine filing detailing corporate governance and officer changes, not indicating immediate financial distress or significant operational shifts.
Key Players & Entities
- Groupon, Inc. (company) — Registrant
- June 12, 2024 (date) — Date of earliest event reported
FAQ
What specific officer positions were affected by the changes reported in this 8-K?
The filing indicates changes related to 'Departure of Directors or Certain Officers' and 'Appointment of Certain Officers', but does not specify the exact positions in the provided text.
Were there any specific matters submitted to a vote of security holders mentioned?
Yes, the filing explicitly states 'Submission of Matters to a Vote of Security Holders' as an item covered.
What is Groupon's principal executive office address?
Groupon's principal executive offices are located at 35 W. Wacker, Floor 25, Chicago, Illinois, 60601.
What is the Commission File Number for this filing?
The Commission File Number for this filing is 1-35335.
What is the Standard Industrial Classification (SIC) code for Groupon, Inc.?
Groupon, Inc.'s Standard Industrial Classification code is 7311, which corresponds to SERVICES-ADVERTISING AGENCIES.
Filing Stats: 981 words · 4 min read · ~3 pages · Grade level 14.2 · Accepted 2024-06-12 17:18:24
Key Financial Figures
- $0.0001 — ich registered Common stock, par value $0.0001 per share GRPN NASDAQ Global Select Mar
Filing Documents
- grpn-20240612.htm (8-K) — 55KB
- 0001490281-24-000099.txt ( ) — 181KB
- grpn-20240612.xsd (EX-101.SCH) — 2KB
- grpn-20240612_lab.xml (EX-101.LAB) — 22KB
- grpn-20240612_pre.xml (EX-101.PRE) — 13KB
- grpn-20240612_htm.xml (XML) — 3KB
07. Submission of Matters to a Vote of Security Holders
Item 5.07. Submission of Matters to a Vote of Security Holders. Set forth below are the final voting results for each of the proposals submitted to a vote of the stockholders of the Company at the Company's Annual Meeting. Election of Directors The Company's five director nominees were elected to the Board and will serve as directors until the Company's next annual meeting of stockholders or until their respective successors are elected and qualified. The directors were elected with the following vote: For Withheld Broker Non-Vote Dusan Senkypl 22,867,575 117,946 7,170,036 Jan Barta 22,028,870 956,651 7,170,036 Robert Bass 22,228,550 756,971 7,170,036 Jason Harinstein 22,832,246 153,275 7,170,036 Theodore Leonsis 18,853,879 4,131,642 7,170,036 Ratification of Independent Registered Public Accounting Firm for Fiscal Year 2024 The appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the 2024 fiscal year was ratified with the following vote: For Against Abstentions 29,987,639 25,014 142,904 Advisory Approval of Groupon's Named Executive Officer Compensation A proposal to conduct an advisory non-binding resolution approving the compensation of the Company's named executive officers, as disclosed in the proxy statement, was approved with the following vote: For Against Abstentions Broker Non-Votes 22,601,966 368,222 15,333 7,170,036 Advisory Approval of the Frequency of Future Advisory Votes to Approve Groupon's Named Executive Officer Compensation A proposal requesting a non-binding vote of the stockholders to determine whether the advisory stockholder vote on executive compensation shall occur every one, two or three years, resulted in stockholders approving a one-year frequency with the vote set forth in the table below. The Board, which recommended a one-year frequency, determined that the Company will continue to hold its advisory stockholder vote on executive compensatio
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits: Exhibit No. Description 10.1 Amended and Restated Groupon, Inc. 2011 Incentive Plan, as amended (incorporated by reference to Appendix B to the Registrant's Definitive Proxy Statement on Schedule DEF14A, filed with the SEC on April 29, 2024) 104 Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURES
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. GROUPON, INC. Date: June 12, 2024 By: /s/ Jiri Ponrt Name: Jiri Ponrt Title: Chief Financial Officer