Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
(d) On July 13, 2021, pursuant to the authority granted to the Board of
Directors (the "Board") of Quanta Services, Inc. (the "Company") by the Bylaws
of the Company, as amended and restated, the Board increased the size of the
Board from nine to ten directors and, upon the recommendation of the Governance
and Nominating Committee of the Board, elected Holli C. Ladhani to serve as a
director, filling the vacancy. Ms. Ladhani will serve as a director until the
Company's next annual meeting of stockholders or until her earlier resignation
or removal or when a successor is duly elected and qualified. Ms. Ladhani has
not been appointed to any committees of the Board.
Ms. Ladhani will be compensated according to the terms of the Company's current
non-employee director compensation program and will enter into the Company's
standard indemnification agreement for directors and officers. A description of
the compensation program and the standard indemnification agreement are set
forth in the Company's definitive proxy statement for the 2021 annual meeting of
stockholders, which was filed with the Securities and Exchange Commission on
April 16, 2021.
There are no arrangements or understandings between Ms. Ladhani and any other
person pursuant to which she was appointed as a director, and there are no
transactions in which Ms. Ladhani has an interest that require disclosure under
Item 404(a) of Regulation S-K.
Item 7.01 Regulation FD Disclosure.
On July 14, 2021, the Company issued a press release announcing the appointment
of Ms. Ladhani as a director of the Board. A copy of the press release is
furnished herewith as Exhibit 99.1 to this report.
The information furnished in Item 7.01 of this Current Report on Form 8-K,
including Exhibit 99.1, shall not be deemed "filed" for purposes of Section 18
of the Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that section, and shall not be incorporated by reference in any
filing under the Securities Act of 1933, as amended, except as expressly set
forth by specific reference in such a filing.
Item 9.01 Financial Statements and Exhibits.
Exhibit No. Exhibit
99.1 Press Release of Quanta Services, Inc. dated July 14, 2021
104 Cover Page Interactive Data File (the cover page XBRL tags are
embedded within the Inline XBRL document)
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