-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, MyWvC+xsU8UzIO38s4prDkwo/Zqdtj48GqiyVBxzRWPpErH+zvrn5l1xeH7nJTku 7tooAPxj+YpEY9Vsu3jm0g== 0001104659-08-038569.txt : 20080606 0001104659-08-038569.hdr.sgml : 20080606 20080606164249 ACCESSION NUMBER: 0001104659-08-038569 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080604 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20080606 DATE AS OF CHANGE: 20080606 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PROSPECT MEDICAL HOLDINGS INC CENTRAL INDEX KEY: 0001063561 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE [8011] IRS NUMBER: 330604264 STATE OF INCORPORATION: DE FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32203 FILM NUMBER: 08886152 BUSINESS ADDRESS: STREET 1: 400 CORPORATE POINTE STREET 2: SUITE 525 CITY: CULVER CITY STATE: CA ZIP: 90230 BUSINESS PHONE: 310-338-8677 MAIL ADDRESS: STREET 1: 400 CORPORATE POINTE STREET 2: SUITE 525 CITY: CULVER CITY STATE: CA ZIP: 90230 8-K 1 a08-16043_18k.htm 8-K


United States

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):

June 4, 2008


Prospect Medical Holdings, Inc.

(Exact name of Registrant as specified in its charter)



(State or other jurisdiction of incorporation)




(Commission File Number)


(IRS Employer Identification No.)




10780 Santa Monica Blvd., Suite 400
Los Angeles, California



(Address of principal executive offices)


(Zip Code)


Registrant’s telephone number, including area code: (310) 943-4500


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:


o  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o  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.


(b)           Effective June 4, 2008, Michael Terner resigned as our Executive Vice President and as a director for four of our subsidiaries, including Prospect Medical Systems, Inc., Sierra Medical Management, Inc., Prospect Hospital Advisory Services, Inc., and Pinnacle Health Resources.


(e)           In connection with Mr. Terner’s resignation, we entered into a severance and release agreement dated June 4, 2008, pursuant to which we agreed to pay Mr. Terner a monthly severance payment of $15,000 for a period of three months.






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.













 Mike Heather



 Chief Financial Officer



Dated: June 6, 2008