Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On January 3, 2020, in connection with Laura C. Fulton's resignation from her
position as the Chief Financial Officer (Principal Financial Officer) of
Hi-Crush Inc. (the "Company"), as previously reported on the Company's Current
Report on Form 8-K filed on December 6, 2019, Ms. Fulton entered into a
Separation and Release Agreement with Hi-Crush Services LLC and the Company (the
"Separation Agreement"). Pursuant to the Separation Agreement, 58,676 restricted
stock units and 41,324 performance share units previously granted to Ms. Fulton
pursuant to the Hi-Crush Inc. Long Term Incentive Plan were accelerated. Under
the Separation Agreement, Ms. Fulton provided a comprehensive release of claims
in favor of the Company and its affiliates.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit Number Exhibit Description
10.1 Separation and Release Agreement between Laura C. Fulton,
Hi-Crush Services LLC and Hi-Crush Inc. dated January 3, 2020
101 Cover Page Interactive Data File - the cover page XBRL tags are
embedded within the Inline XBRL document.
104 Cover Page Interactive Data File (embedded within the Inline
XBRL document).
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