Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 18, 2021, David E. Rapley resigned from the board of directors (the
"Board") of Qurate Retail, Inc. (the "Company"), effective immediately. Mr.
Rapley's resignation as a member of the Board was not the result of any dispute
or disagreement with the Company. Following Mr. Rapley's resignation and
effective August 18, 2021, Fiona P. Dias will serve as a member the Audit
Committee of the Board, and Ms. Wong will serve as a member and the Chair of the
Nominating and Corporate Governance Committee. The Board has determined that
each of Ms. Dias and Ms. Wong qualifies as an independent director for purposes
of the rules of The Nasdaq Stock Market as well as applicable rules and
regulations adopted by the Securities and Exchange Commission.
Item 7.01. Regulation FD Disclosure.
On August 17, 2021, the Company announced that an authorized committee of the
Board declared a quarterly cash dividend of $2.00 per share of 8.0% Series A
Cumulative Redeemable Preferred Stock (the "Preferred Stock"), payable in cash
on September 15, 2021 to stockholders of record of the Preferred Stock at the
close of business on August 31, 2021.
This Current Report on Form 8-K and the press release attached hereto as Exhibit
99.1 are being furnished to the Securities and Exchange Commission under Item
7.01 of Form 8-K in satisfaction of the public disclosure requirements of
Regulation FD and shall not be deemed "filed" for any purpose.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits
Exhibit No. Description
99.1 Press Release, dated August 17, 2021.
104 Cover Page Interactive Data File (formatted as Inline XBRL and
contained in Exhibit 101)
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