UNITED STATES
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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On November 10, 2020 (the “Effective Date”), upon the recommendation of its Nominating Committee (the “Nominating Committee”), the Board of Directors (the “Board”) of Semler Scientific, Inc. (the “Company”) increased the size of the Board from four (4) to five (5) directors, and, effective upon the Effective Date, appointed Cindy H. Moon to fill the newly created vacancy, with Ms. Moon to serve on the Board as a Class II director until the Company’s 2023 annual meeting of stockholders, until her successor has been duly elected and qualified, or until her earlier death, resignation or removal.
Ms. Moon was also appointed by the Board upon the recommendation of the Nominating Committee to serve as a member of the Audit Committee and Nominating Committee of the Board.
Ms. Moon will receive compensation as a non-employee director in accordance with the Company’s non-employee director compensation policy as described in the Company’s Form 10-K for the year ended December 31, 2019 and filed with the Securities and Exchange Commission (the “SEC”) on March 9, 2020.
In connection with the aforementioned appointment to the Board, the Company entered into its standard indemnification agreement, which form indemnification agreement is filed as Exhibit 10.1 to the Company’s Form 8-K filed with the SEC on July 29, 2014, with Ms. Moon, which requires the Company, under the circumstances and to the extent provided for therein, to indemnify the indemnitee to the fullest extent permitted by applicable law against certain expenses and other amounts incurred by her as a result of either her being made a party to certain actions, suits, investigations or other proceedings.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
SEMLER SCIENTIFIC, INC. | ||||
Date: November 12, 2020 | By: | /s/ Douglas Murphy-Chutorian | ||
Name: | Douglas Murphy-Chutorian | |||
Title: | Chief Executive Officer |