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): February 17, 2021

 

INFORMATION ANALYSIS INCORPORATED

(Exact name of registrant as specified in its charter)

 

VA 000-22405 54-1167364
(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)

 

     

11240 Waples Mill Rd, Ste 201

Fairfax, VA 22030

(Address of principal executive offices, including zip code)

 

703-383-3000

(Registrant's telephone number, including area code)

 

 

(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:

 

☐ 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))

 

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

Title of each class

Trading

Symbol(s)

Name of each exchange on which registered

None

N/A

N/A

 

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. ☐

 

 

 

Section 5 - Corporate Governance and Management

 

Item 5.02

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

 

(c) Appointment of Chief Executive Officer and President

 

On February 23, 2021, the Board of Directors (the “Board”) of Information Analysis Incorporated (the “Company”) publicly announced it had appointed Stanley A. Reese as the Company’s Chief Executive Officer and President on February 17, 2021. Mr. Reese had been serving as interim Chief Executive Officer and President since January 1, 2021, and Chief Operating Officer since March 1999. There are no related party transactions under Section 404(a) of Regulation S-K (17 CFR 229.404(a)) between Mr. Reese and the Company, its principal officers, its control persons, or its Board. Mr. Reese earns a base salary of $175,000 per annum and will participate in all benefits customarily afforded to the Company’s executives.

 

Biography / qualifications:

 

Stanley A. Reese, 63, joined the Company in 1993. Mr. Reese has been Senior Vice President since 1997, Chief Operating Officer since March 1999, and interim Chief Executive Officer since January 1, 2021. From 1992 to 1993, he served as Vice President, Technical Services at Tomco Systems, Inc. Prior to Tomco Systems, he served as Senior Program manager at ICF Information Technology, Inc. Mr. Reese has over 35 years of experience managing and marketing information technology services contracts. Mr. Reese holds a B.A. in History from George Mason University.

 

 

 

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.

 

  

 

 

 

 

 

  INFORMATION ANALYSIS INCORPORATED

 

  Date: February 23, 2021 

By:  

 

  /s/ Matthew T. Sands

 

 

 

 

  Matthew T. Sands

 

 

 

 

  Chief Financial Officer