Item 8.01. Other Events.
On January 23, 2020, the Board of Directors (the "Board") of Premier, Inc. (the
"Company"), upon the recommendation of the Compensation Committee of the Board
in consultation with the Compensation Committee's independent consultant,
approved an amendment to the Company's Directors' Compensation Policy (the
"Amended Policy"). The Amended Policy, effective January 23, 2020, amends and
replaces the previous Directors' Compensation Policy approved by the Board on
June 14, 2019 and effective July 1, 2019 (the "Previous Policy") by setting
forth the compensation for the new position of Lead Independent Director.
As previously disclosed, on October 24, 2019, the Board adopted a Lead
Independent Director Policy, providing for the appointment of a Lead Independent
Director when the Chair of the Board is not independent. The Amended Policy
establishes an annual retainer for the Lead Independent Director.
All other provisions of the Previous Policy remain unchanged in the Amended
Policy.
The foregoing description of the Amended Policy is qualified in its entirety by
reference to the terms of the Amended Policy, which is attached hereto as
Exhibit 10.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
10.1 Premier, Inc. Directors' Compensation Policy, as amended effective
January 23, 2020
104 Cover Page Interactive Data File (the cover page XBRL tags are embedded
within the Inline XBRL document)
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