Document

8-K 1 a8-kxboardcompensation.htm 8-K Document

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

						March 25, 2021
						Date of Report (Date of earliest event reported)



APYX MEDICAL CORPORATION
(Exact name of registrant as specified in its charter)


Delaware	0-12183	11-2644611
(State or other jurisdiction of incorporation or organization)	(Commission File Number)	(I.R.S. Employer Identification No.)

5115 Ulmerton Road, Clearwater, FL 33760

(Address of principal executive offices, zip code)

(727) 384-2323

(Issuer’s telephone number)


(Former name or former address, if changed since last report)

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 (see General Instruction A.2. below):


o			Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

o			Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

o			Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

o			Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:


Title of each class	Trading Symbol(s)	Name of each exchange on which registered
Common Stock	APYX	Nasdaq Stock Market, LLC

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 o

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. o

Item 1.01 - Entry into a Material Definitive Agreement

On March 25, 2021, the Board of Directors (the “Board”) of Apyx Medical Corporation approved an increase in the base annual cash compensation to be paid to the Chair of the Audit Committee of the Board from $36,000 per annum to $46,000 per annum. On March 25, 2021, the Board also approved an increase in the base annual cash compensation to be paid to each of the non-employee members of the Board from $35,000 per annum to $40,000 per annum. The increase in the base annual cash compensation to be paid to the Chair of the Audit Committee of the Board and to each of the non-employee members of the Board is effective retroactive to January 1, 2021.

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.


Date: March 30, 2021	Apyx Medical Corporation





	By:	/s/ Tara Semb
		Tara Semb
		Chief Financial Officer, Secretary and Treasurer