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EX-99.1 - EXHIBIT 99.1 - SYNIVERSE HOLDINGS INCgray8-kex991.htm

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
Date of Report (Date of earliest event reported): August 31, 2017

SYNIVERSE HOLDINGS, INC.
(Exact name of registrant as specified in its charter)   

 
 
 
 
 
 
 
Delaware
 
001-32432
 
30-0041666
(State or other jurisdiction of
incorporation or organization)
 
(Commission File Number)
 
(I.R.S. Employer
Identification No.)
8125 Highwoods Palm Way
Tampa, Florida 33647
Telephone: (813) 637-5000
(Address, including zip code, and telephone number, including area code, of registrants’ principal executive offices)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 


Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
Emerging growth company ¨
 
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨




Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


On August 31, 2017, Syniverse Holdings, Inc. (“Syniverse” or the “Company”) announced that Stephen C. Gray will be departing as Syniverse’s President and Chief Executive Officer in connection with the upcoming expiration of Mr. Gray’s employment agreement, dated February 23, 2015, between Syniverse Corporation and Mr. Gray. While the term of Mr. Gray’s employment agreement is set to expire on February 25, 2018, Mr. Gray has agreed to continue to act as the Company’s Chief Executive Officer beyond such date on an interim basis if necessary to permit the Company to complete its search for Mr. Gray’s successor and to assist the Company through any necessary transition period.

A copy of the press release regarding Mr. Gray’s departure is attached hereto as Exhibit 99.1 and incorporated herein by reference.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
 
Exhibit
Number
Description
99.1






SIGNATURES

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: August 31, 2017        
       
SYNIVERSE HOLDINGS, INC.
(Registrant)
 
 
By:
 
/s/ Laura E. Binion
Name:
 
Laura E. Binion
Title:
 
Senior Vice President and General Counsel

 





EXHIBIT INDEX
 
Exhibit
Number
 
Description
99.1
 
Press release, dated August 31, 2017.