0001140361-15-013368.txt : 20150327 0001140361-15-013368.hdr.sgml : 20150327 20150327163111 ACCESSION NUMBER: 0001140361-15-013368 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150327 ITEM INFORMATION: Termination of a Material Definitive Agreement ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20150327 DATE AS OF CHANGE: 20150327 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PharMerica CORP CENTRAL INDEX KEY: 0001388195 STANDARD INDUSTRIAL CLASSIFICATION: RETAIL-DRUG STORES AND PROPRIETARY STORES [5912] IRS NUMBER: 870792558 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-33380 FILM NUMBER: 15731377 BUSINESS ADDRESS: STREET 1: 1901 CAMPUS PLACE CITY: LOUISVILLE STATE: KY ZIP: 40299 BUSINESS PHONE: 502.627.7000 MAIL ADDRESS: STREET 1: 1901 CAMPUS PLACE CITY: LOUISVILLE STATE: KY ZIP: 40299 FORMER COMPANY: FORMER CONFORMED NAME: SAFARI HOLDING CORP DATE OF NAME CHANGE: 20070130 8-K 1 form8k.htm PHARMERICA CORP 8-K 3-27-2015

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): March 27, 2015

PHARMERICA CORPORATION
(Exact Name of Registrant as Specified in Its Charter)

Delaware
 
001-33380
 
87-0792558
(State or Other Jurisdiction
of Incorporation)
 
(Commission
File Number)
 
(IRS Employer
Identification No.)

1901 Campus Place
Louisville, Kentucky 40299
(Address of principal executive offices) (Zip Code)

Registrant’s telephone number, including area code: (502) 627-7000
 
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))
 


Item 1.02 Termination of a Material Definitive Agreement.

As disclosed in Item 5.02 hereof, which is incorporated herein by reference, the employment agreement of Mr. Glynn with Amerita has been terminated effective July 3, 2015.

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 27, 2015, Jim Glynn, the President of Amerita, Inc. (“Amerita”) voluntarily terminated his employment with Amerita effective July 3, 2015 (the “Agreement”). Amerita is the home infusion subsidiary of PharMerica Corporation (the “Corporation”). Mr. Glynn is terminating his employment in order to have more time to devote to his family and friends. Mr. Glynn will receive the benefits set forth in his Agreement and equity award agreements for a termination by him “without good reason”.

Item 7.01 Regulation FD Disclosure

On March 27, 2015, the Corporation issued a press release announcing Mr. Glynn’s resignation. A copy of the press release is filed and attached hereto as Exhibit 99.1 and incorporated herein by reference.

The information contained in Item 7.01 to this Current Report on Form 8-K and Exhibit 99.1 attached hereto shall not be deemed “filed” for purposes of Section 18 of the Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing by the Corporation under the Act, unless expressly stated otherwise.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

99.1 Press Release of PharMerica Corporation dated March 27, 2015.
 

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.

 
PHARMERICA CORPORATION
     
Date: March 27, 2015
By:
/s/ Thomas A. Caneris
   
Thomas A. Caneris
   
Senior Vice President and General Counsel

 

Exhibit Index

Exhibit No. Description

99.1 Press Release of PharMerica Corporation dated March 27, 2015.
 
 

EX-99.1 2 ex99_1.htm EXHIBIT 99.1

Exhibit 99.1

Amerita Announces Planned Transition of President and Chief Executive Officer

LOUISVILLE, Ky.--(BUSINESS WIRE)--Mar. 27, 2015-- Amerita, Inc., a wholly owned subsidiary of PharMerica Corporation (NYSE:PMC), today announced that Jim Glynn, President and Chief Executive Officer of Amerita, will resign from his positions, effective July 3, 2015, in order to devote more time to his family.
 
Amerita has initiated a comprehensive search process to identify a successor. To ensure a smooth transition, Mr. Glynn will continue to lead Amerita in his current positions until his departure.

About Amerita
 
Amerita, Inc. is a wholly owned subsidiary of PharMerica. The company provides complex pharmaceutical products and clinical services to patients outside the hospital. The market is expanding through a growing bio-pharmaceutical pipeline of infusible and injectable medications, an aging population that requires additional healthcare services and the country’s need to find more affordable care alternatives.

About PharMerica
 
PharMerica Corporation is a leading institutional pharmacy services company that services healthcare facilities in the United States, provides pharmacy management services to hospitals, specialty infusion services to patients outside a hospital setting, and offers the only national oncology pharmacy and care management platform in the United States. PharMerica operates 98 institutional pharmacies, 15 specialty infusion centers and 5 specialty oncology pharmacies in 45 states. PharMerica’s customers are institutional healthcare providers, such as skilled nursing facilities, nursing centers, assisted living facilities, hospitals, individuals receiving in-home care and other long-term alternative care providers.

Source: PharMerica Corporation

PharMerica Corporation
David W. Froesel, Jr.
Executive Vice President,
Chief Financial Officer and Treasurer
502-627-7950