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OFFON

ARC DOCUMENT SOLUTIONS, INC.

(ARC)
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ARC DOCUMENT SOLUTIONS, INC. : Other Events (form 8-K)

09/27/2021 | 05:06pm EDT

Item 8.01. Other Events.

On September 22, 2021, Kumarakulasingam "Suri" Suriyakumar, Chairman of the Board, President and Chief Executive Officer of ARC Document Solutions, Inc. (the "Company"), amended his pre-arranged stock purchase plan (as amended, the "10b5-1 Plan") previously entered into in accordance with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), to increase the limit price of shares that can be purchased under the 10b5-1 Plan. The 10b5-1 Plan was amended during the Company's open trading window period. Mr. Suriyakumar retains no discretion over purchases under the 10b5-1 Plan, and the prearranged purchases are executed through a broker in accordance with the 10b5-1 Plan, as modified.

Purchases effected pursuant to the 10b5-1 Plan will be disclosed through Form 4 filings with the Securities and Exchange Commission. Except to the extent required by law, the Company does not undertake to report any other Rule 10b5-1 plans that may be adopted by any of the Company's officers or directors in the future, nor to report any other modifications or terminations of any publicly-announced Rule 10b5-1 plan.

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Financials (USD)
Sales 2020 289 M - -
Net income 2020 6,19 M - -
Net Debt 2020 88,0 M - -
P/E ratio 2020 10,6x
Yield 2020 1,35%
Capitalization 121 M 121 M -
EV / Sales 2019 0,49x
EV / Sales 2020 0,53x
Nbr of Employees 1 750
Free-Float 70,6%
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Managers and Directors
Kumarakulasingam Suriyakumar Chairman, President & Chief Executive Officer
Jorge Avalos Chief Financial Officer
Rahul K. Roy Chief Technology Officer
Dilantha Ediriweera Wijesuriya Chief Operating Officer
Ken Gini SVP-Administration, Operations & Procurement
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