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): March 3, 2016

Registrant’s telephone number, including area code: (212) 594-5050

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

Not Applicable

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 (see General Instruction A.2. below):

Section 5 – Corporate Governance and Management

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

Appointment of Director

On March 3, 2016, the Board of Directors (the “Board”) of Snap Interactive, Inc. (the “Company”) increased the size of the Board from four (4) members to five (5) members and appointed Judy Krandel to the Board, effective March 3, 2016. Ms. Krandel will serve as a director until the Company’s 2016 annual meeting of stockholders. Ms. Krandel has not been appointed to any Board committees at this time.

Ms. Krandel will be entitled to receive a cash fee for her service as a non-employee member of the Board and for her service on any committee of the Board of $15,000 and $2,500 per year, respectively. As additional consideration for her service on the Board, the Board awarded Ms. Krandel a stock option representing the right to purchase 100,000 shares of the Company’s common stock, par value $0.001 per share (the “Common Stock”), at an exercise price equal to $0.11 per share of Common Stock, which was the fair market value of a share of Common Stock as of the close of market on March 3, 2016. The shares underlying the stock option will vest in three (3) equal annual installments on the first, second and third anniversaries of the date of grant, provided that Ms. Krandel is providing services to the Company on such dates. There are no arrangements or understandings between Ms. Krandel and any other persons pursuant to which she was selected as a director. In addition, there are no transactions between the Company and Ms. Krandel or her immediate family members requiring disclosure under Item 404(a) of Regulation S-K promulgated under the Securities Exchange Act of 1934, as amended.

Employment Agreement Amendment

On March 3, 2016, the Company entered into an amendment to its employment agreement with Alexander Harrington, the Company’s Chief Executive Officer and Chief Financial Officer (the “Amendment”).

The Amendment amends the terms of Mr. Harrington’s annual incentive bonus for the year ended December 31, 2015 under his employment agreement to provide that Mr. Harrington will (i) receive a stock option representing the right to purchase 50,000 shares of Common Stock at an exercise price of $0.20 per share, with the shares underlying such option vesting in four (4) equal annual installments on the first, second, third and fourth anniversary of the date of grant, provided that Mr. Harrington is providing services to the Company on such dates (the “New Harrington Option”), and (ii) be entitled to a cash payment of $25,000 payable in March 2016. The Board awarded the New Harrington Option to Mr. Harrington on March 3, 2016.

Prior to the amendment, Mr. Harrington was entitled to an annual incentive bonus of $145,000, with (i) 50% of the bonus payable so long as Mr. Harrington remained employed with the Company and (ii) 50% of the bonus payable if certain performance metrics were achieved during 2015, in each case to be paid during January or February of 2016.

The foregoing description of the Amendment and the New Harrington Option does not purport to be complete and is qualified in its entirety by reference to the Amendment, a copy of which is filed as Exhibit 10.1 to this Current Report on Form 8-K, and the Form of Nonqualified Stock Option Agreement awarded under the Incentive Plan, which was filed as Exhibit 99.4 to the Company’s Registration Statement on Form S-8 filed on May 24, 2011 by the Company with the Securities and Exchange Commission (the “Form S-8”), and in each case are incorporated by reference herein.

Restricted Stock Cancellation and Equity Awards

On March 3, 2016, the Company entered into a restricted stock cancellation and release agreement (the “Cancellation Agreement”) with Clifford Lerner, the Company’s President of the Grade, pursuant to which the Company cancelled a grant of 5,000,000 restricted shares of Common Stock awarded to Mr. Lerner on April 10, 2013 (the “Original Restricted Shares”). The Original Restricted Shares would have vested 50% on the third anniversary of the date of grant and 50% on the fourth anniversary of the date of grant. As consideration for Mr. Lerner agreeing to forfeit the Original Restricted Shares, on March 3, 2016, the Board awarded Mr. Lerner a replacement award of 5,000,000 restricted shares that vest 100% on the (10th) tenth anniversary of the date of grant, provided Mr. Lerner is providing services to the Company on such date (the “New Restricted Shares”).

In addition, on March 3, 2016, the Board awarded Mr. Lerner a stock option representing the right to purchase 50,000 shares of Common Stock at an exercise price of $0.20 per share, with the shares underlying such option vesting in four (4) equal annual installments on the first, second, third and fourth anniversary of the date of grant, provided that Mr. Lerner is providing services to the Company on such dates (the “New Lerner Option”).

The foregoing description of the Cancellation Agreement, the Original Restricted Shares, the New Restricted Shares and the New Lerner Option does not purport to be complete and is qualified in its entirety by reference to the Cancellation Agreement, a copy of which is filed as Exhibit 10.2 to this Current Report on Form 8-K, the Form of Restricted Stock Award Agreement awarded under the Incentive Plan, which was filed as Exhibit 99.3 to the Form S-8, and the Form of Nonqualified Stock Option Agreement awarded under the Incentive Plan, which was filed as Exhibit 99.4 to the Form S-8, and in each case are incorporated by reference herein.

Section 8 – Other Events

Item 8.01 Other Events.

On March 7, 2016, the Company issued a press release announcing Ms. Krandel’s appointment as a director. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

Section 9 – Financial Statements and Exhibits

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

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.

EXHIBIT INDEX

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