Summary
This 8-K filing from priceline.com Incorporated (now Booking Holdings Inc.) on June 3, 2005, primarily reports on routine corporate governance matters. The most significant updates for investors concern the election of directors at the Annual Meeting of Stockholders held on June 1, 2005, and the ratification of Deloitte & Touche LLP as the company's independent auditor for the fiscal year ending December 31, 2005. Additionally, the filing discloses a material definitive agreement in the form of an indemnification agreement with Marshall Loeb, effective June 2, 2005. This agreement formalizes the company's commitment to indemnify Mr. Loeb under its charter. Investors should note these events as they relate to corporate governance and the company's commitment to its officers and auditors.
Key Highlights
- 1Priceline.com Incorporated held its Annual Meeting of Stockholders on June 1, 2005.
- 2Nine directors were elected to the Board of Directors at the Annual Meeting.
- 3Deloitte & Touche LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2005.
- 4An indemnification agreement was entered into with Marshall Loeb on June 2, 2005.
- 5The indemnification agreement outlines the company's obligations to indemnify Marshall Loeb.
- 6A Stock Option Grant agreement with Ralph M. Bahna, Chairman of the Board, is also disclosed as an exhibit.