Priority Technology Holdings, Inc 8-K, filed Nov 10, 2022
Priority Technology Holdings, Inc. (PRTH)
8-K
2022-11-10
For: 2022-11-10
View Original
Added on
April 12, 2026
About this 8-K
Priority Technology Holdings, Inc filed this 8-K on November 10, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
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
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On November 10, 2022, the Board of Directors (the “Board”) of Priority Technology Holdings, Inc. (the “Company” or “Priority”) appointed Marc Crisafulli as a Board member until the Company’s next annual meeting of shareholders. Mr. Crisafulli was appointed to fill a vacancy that resulted from an increase in the size of the Board from 6 to 7 members.
Mr. Crisafulli will participate in the current director compensation arrangements generally applicable to the Company’s non-employee directors as described in the Company’s Proxy Statement filed in connection with the 2022 Annual Meeting of Shareholders.
There are no arrangements or understandings between Mr. Crisafulli and other persons pursuant to which he was selected as a director. Mr. Crisafulli will serve on the Audit, Compensation, and Nominating and Corporate Governance Committees. The Board’s Nominating and Corporate Governance Committee determined Mr. Crisafulli to be independent for Nasdaq listing standards. Mr. Crisafulli has not engaged in any transaction with the Company that would be reportable as a related party transaction under Item 404(a) of Securities Exchange Commission Regulations S-K.
Over the past 30 years, Mr. Crisafulli has served in legal, compliance and regulatory governance roles with various companies, most recently serving as Executive Vice President, Government Relations, Legal and Regulatory at Bally’s Corporation. Prior to that, Mr. Crisafulli held senior leadership roles with Brightstar Corporation and Suffolk Construction Company and was managing partner at Hinkley Allen & Snyder.
Item 7.01. Regulation FD Disclosure.
Item 5.02 of the Current Report on Form 8-K is incorporated herein by reference. A copy of the Company’s press release is furnished as Exhibit 99.1 to this Report on Form 8-K.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits – The following exhibit is furnished as part of this Current Report on Form 8-K.
| Exhibit Number | Description | ||||
| 104 | The cover page from this Current Report on Form 8-K, formatted in Inline XBRL | ||||
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 hereunto duly authorized.
| Dated: November 10, 2022 | ||||||||
| PRIORITY TECHNOLOGY HOLDINGS, INC. | ||||||||
| By: /s/ Bradley J. Miller | ||||||||
| Name: Bradley J. Miller | ||||||||
| Title: General Counsel | ||||||||
Exhibit 99.1
Priority Investor Inquiries:
Chris Kettmann
ckettmann@lincolnchurchilladvisors.com
(773) 497-7575
Priority Technology Holdings, Inc. Appoints Marc Crisafulli to Board of Directors
ALPHARETTA, GA - November 10, 2022 -- Priority Technology Holdings, Inc. (NASDAQ: PRTH) ("Priority" or the "Company"), the platform for unified commerce that delivers integrated payments and banking at scale, today announced that its Board has appointed Marc Crisafulli as Director.
Crisafulli is an experienced executive and has over 30 years in legal, compliance and regulatory governance roles with various companies. In his most recent role, Crisafulli served as Executive Vice President, Government Relations, Legal and Regulatory at Bally’s Corporation. Prior to that, Mr. Crisafulli held senior leadership roles with Brightstar Corporation and Suffolk Construction Company and was managing partner at Hinkley Allen & Snyder.
“Marc’s strong legal and regulatory experience is a great fit for Priority as we pursue growth opportunities into new enterprise payment verticals” said Tom Priore, Chairman and CEO. “We are excited to have Marc join our team and are eager for him to apply his talents and deep relationships to help accelerate adoption of our unified payments and banking platform.”
Crisafulli received his bachelor of arts degree from Boston University and his juris doctrine from Georgetown University. He will serve on the audit, compensation and nominating and corporate governance committees of the Board.
“I have admired Priority’s rapid growth and am thrilled to be a part of such a dynamic team” said Crisafulli. “Tom’s vision for unified commerce is very forward thinking and I’m excited to contribute.”
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