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EX-10.1 - EX-10.1 - Corporate Resource Services, Inc.crrs-20130626ex10167103b.htm

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): January 17, 2013

 

Picture 3

 

(Exact name of registrant as specified in its charter)

 

 

 

 

 

 

Delaware

(State or other jurisdiction of

incorporation or organization)

000-30734

(Commission File Number)

80-0551965

(I.R.S. Employer Identification No.)

 

 

160 Broadway 13th Floor, New York, NY 10038

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code: (646) 443-2380

 

                                                     None                                                    

 

(Former name or former address, if changed since last report)

 

  

 

 

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.

 

 

(e)    Compensatory Arrangements of Certain Officers

 

Michael J. Golde, the Company’s Chief Financial Officer, was granted an option to purchase up to 600,000 shares of the Company’s common stock on January 17, 2013.  The exercise price for each of the options per share is $0.4355, the fair value of the Company’s common stock, as determined by an independent appraisal firm, on January 17, 2013, the date of the option agreement and grant of options. Mr. Golde's options vest ratably over three years and are exercisable in equal amounts on the first, second, and third anniversary of the date of grant.

 


 

Item 9.01.  Financial Statements and Exhibits

 

(d)            Exhibits

 

10.1       Form of Stock Option Grant Agreement to Michael J. Golde dated January 17, 2013

 

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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.

 

 

 

 

 

 

Corporate Resource Services, Inc.

 

 

 

 

 

 

By:

/s/ John P. Messina, Sr.

 

 

Name

John P. Messina

 

 

Title

Chief Executive Officer

 

 

 

 

 

 

Date:  June 26, 2013