UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): June 3, 2016 (May 31, 2016)
LABSTYLE INNOVATIONS CORP.
(Exact name of registrant as specified in its charter)
| Delaware | 001-37704 | 45-2973162 | ||
|
(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
9 Halamish Street
Caesarea Industrial Park
3088900, Israel
(Address of Principal Executive Offices)
972-4-770-4055
(Issuer’s telephone number)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation to the registrant under any of the following provisions:
| ¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
| ¨ | 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.
On May 31, 2016, Mr. Yalon Farhi, or Mr. Farhi, was appointed as a member of the Board of Directors, or the Board, of LabStyle Innovations Corp., or the Company, by the existing Board to fill a vacancy on the Board, with such appointment to take effect on June 1, 2016. Currently, Mr. Farhi is not named as a member of any committee of the Board.
Since 1998, Mr. Farhi, age 54, a Colonel in the Israeli Defense Forces (reserves), has served as a motivational lecturer and educator at Bnei-David Institutions, a pre-army and post-army educational program in Israel. From 1998 to January 2016, Mr. Farhi worked as an administrative manager for El-Ami, a non-governmental organization in Israel. Previously, from 1988 to 1992, Mr. Farhi served as a private security consultant to several security companies in Israel. In addition, for the past thirty years, Mr. Farhi has been the owner of a private gardening and land development services company based in Israel. Mr. Farhi received a degree in Education Studies and holds a Teaching Certificate from the Moreshet Yaacov College in Jerusalem. The Company believes Mr. Farhi is qualified to serve on its Board because of his business experience.
Mr. Farhi’s nomination to serve on the Board was suggested to the Board by Shmuel Farhi, a significant stockholder of the Company. As a director of the Company, Mr. Farhi will be entitled to participate in the applicable provisions of the Company’s compensation arrangements for its directors, which is described in Item 11 of the Company’s Annual Report on Form 10-K for the fiscal year ended December 31, 2015.
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.
| Dated: June 3, 2016 | LABSTYLE INNOVATIONS CORP. | |
| By: | /s/ Zvi Ben David | |
| Name: Zvi Ben David Title: Chief Financial Officer, Treasurer and Secretary | ||