Selectis Health : Management Change/Compensation - Form 8-K/A
January 03, 2022 at 06:39 am EST
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A-1
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 29, 2021
SELECTIS HEALTH, INC.
(Exact Name of Registrant as Specified in its Charter)
Utah
0-15415
87-0340206
(State or other jurisdiction
of incorporation)
Commission
File Number
(I.R.S. Employer
Identification number)
8480 E. Orchard Road, Ste. 4900, Greenwood Village, CO
80111
(Address of principal executive offices)
(Zip Code)
Registrant's telephone number, including area code: (720)680-0808
(Former name or former address, if changed since last report)
☐
Written communications pursuant to Rule 425 under the Securities Act
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Securities registered pursuant to Section 12(b) of the Act:
Title of each Class
Trading Symbol
Name of each exchange on which registered
N/A
N/A
N/A
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
ITEM 5.02
RESCISSION OF COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On December 30, 2021, Selectis Health, Inc., announced the grant of Restricted Stock Units ("RSU") to certain of its officers. The RSU's were issued under the Company's 2021 Deferred Compensation and Equity Award Plan which was adopted effective July 1, 2021 (the "Plan").
After further consideration, the Company and the grantees of such RSU's, Lance Baller and Randy Barker, have agreed to rescind those grants.
Cover Page Interactive Data File (embedded within the Inline XBRL document)
SIGNATURE
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 thereunto duly authorized.
Selectis Health, Inc.
(Registrant)
Dated: January 03, 2022
/s/ Lance Baller
Lance Baller, CEO
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Selectis Health Inc. published this content on 03 January 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 January 2022 11:38:06 UTC.
Selectis Health, Inc. acquires, develops, leases, manages, and disposes of healthcare real estate, provides financing to healthcare providers, and provides healthcare operations through its wholly owned subsidiaries. Its portfolio is comprised of investments in three healthcare segments: senior housing, including independent and assisted living, and post-acute/skilled nursing facilities. The Company owns and operates, through wholly owned subsidiaries, Assisted Living Facilities, Independent Living Facilities, and Skilled Nursing Facilities across the South and Southeastern portions of the United States. Assisted Living Facilities are licensed care facilities that provide personal care services, support, and housing for those who need help with activities of daily living yet require limited medical care. Independent Living Facilities are designed to meet the needs of seniors who choose to live in an environment surrounded by their peers.