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): October 1011, 2019

NAVIGANT CONSULTING, INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

001-12173

36-4094854

(State or Other Jurisdiction

of Incorporation)

(Commission

File Number)

(IRS Employer

Identification No.)

150 North Riverside Plaza, Suite 2100, Chicago, Illinois 60606

(Address of Principal Executive Offices) (Zip Code)

Registrant’s Telephone Number, Including Area Code: (312) 573-5600

Not Applicable

(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~~TradingSymbol		Name of each exchange on which registered
Common Stock, par value $0.001 per share		NCI		New York Stock Exchange

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~~Introductory ~~5.07. Submission of Matters to a Vote of Security Holders.~~Note

AThis ~~special~~Current ~~meeting~~Report ofon ~~stockholders~~Form of8-K ~~Navigant~~is ~~Consulting,~~being ~~Inc.,~~filed ain ~~Delaware~~connection ~~corporation~~with (the ~~“Company”),~~closing ~~was held~~ on October 1011, 2019 inof ~~Chicago, Illinois (~~the ~~“Special~~transactions ~~Meeting”).~~contemplated Aby ~~total~~that ofcertain ~~32,067,257~~Agreement ~~shares~~and Plan of ~~common stock~~Merger, ~~par~~by ~~value~~and ~~$0.001~~among ~~per~~Navigant ~~share~~Consulting, ofInc., ~~the~~a ~~Company~~Delaware corporation (~~“Common~~the ~~Stock~~“Company”), ~~out~~Guidehouse ofLLP, a ~~total~~Delaware oflimited 38liability partnership (“Parent”),~~294,004~~ ~~shares~~and ofIsaac ~~Common~~Merger ~~Stock~~Sub, ~~issued~~Inc., ~~and~~a ~~outstanding~~Delaware corporation and ~~entitled~~a towholly ~~vote~~owned assubsidiary of ~~September 4,~~Parent ~~2019~~ (~~the~~ “~~Record Date~~Sub”), ~~were~~(as ~~present~~amended infrom ~~person~~time orto ~~represented~~time, bythe ~~proxy~~“Merger Agreement”). atPursuant to the ~~Special~~terms ~~Meeting~~ and, ~~therefore,~~conditions aset ~~quorum~~forth ~~was~~in ~~present. A summary of~~ the ~~voting~~Merger ~~results~~Agreement, ~~for~~on ~~the~~October 11, ~~following proposals~~2019, ~~each~~Sub ofmerged ~~which~~with isand ~~described~~into ~~in detail in~~ the Company’s ~~definitive~~(the ~~proxy statement~~“Merger”), ~~dated~~with ~~September 10,~~the ~~2019~~Company ~~and~~continuing ~~first~~as ~~mailed~~the tosurviving corporation (the ~~Company’s~~“Surviving Corporation”). ~~stockholders~~As ona orresult ~~about~~of ~~September 12,~~the ~~2019~~Merger, isthe ~~set~~Company ~~forth~~became ~~below:~~a wholly owned subsidiary of Parent.

~~Approval~~Item of2.01. ~~the~~Completion ~~Merger~~of ~~and~~Acquisition ~~the~~or ~~Other~~Disposition ~~Transactions~~of ~~Contemplated by the Merger Agreement~~ Assets.

AsOn ~~previously disclosed, on August~~October 211, 2019, ~~the~~Parent ~~Company~~completed ~~entered~~its ~~into~~acquisition ~~an Agreement and Plan~~ of ~~Merger, by and among~~ the Company, ~~Guidehouse~~pursuant ~~LLP, a Delaware limited liability partnership (“Parent”), and Isaac Merger Sub, Inc., a Delaware corporation and a wholly owned subsidiary of Parent (“Sub”) (as amended from time~~ to ~~time,~~ the ~~“Merger~~terms ~~Agreement”). The Merger Agreement provides for Sub to merge with and into the Company, causing the Company to become a wholly owned subsidiary~~ of ~~Parent (~~the “Merger~~”).~~ Agreement.

At the ~~Special~~effective ~~Meeting~~time of the Merger (the “Effective Time”), each share of common stock, par value $0.001 per share, of the Company’s ~~stockholders~~(“Company Common Stock”) ~~voted~~issued ~~upon~~and outstanding immediately prior to the Effective Time was cancelled and ~~approved~~automatically aconverted ~~proposal~~into the right to ~~adopt~~receive $28.00 in cash, without interest thereon (the “Merger Consideration”), ~~Agreement.~~other ~~Approximately~~than ~~84%~~(a) shares held in the treasury of the ~~outstanding~~Company or owned of record by any subsidiary of the Company, (b) shares owned of ~~Common~~record ~~Stock~~by ~~voted~~Parent or Sub or any of their respective subsidiaries and (c) shares held by stockholders who did not vote in favor of or consent to the ~~proposal.~~adoption ~~The~~of ~~votes~~the onMerger ~~this~~Agreement ~~proposal~~and ~~were~~who properly demanded appraisal of such shares and complied in all respects with all the provisions of the Delaware General Corporation Law, as ~~follows:~~amended, concerning the right of holders of shares to demand appraisal.

Votes For		Votes Against		Votes Abstained
32,019,515		45,859		1,883

The description of the Merger Agreement and the Merger contained in this Item 2.01 does not purport to be complete and is subject to and qualified in its entirety by reference to the full text of the Merger Agreement, which was filed as Exhibit 2.1 to the Current Report on Form 8-K, filed by the Company with the Securities and Exchange Commission (the “SEC”) on August 2, 2019, and is incorporated by reference herein.

~~Advisory~~Item ~~Vote~~3.01. onNotice ~~Named~~of ~~Executive~~Delisting ~~Officer~~or ~~Merger-Related~~Failure ~~Compensation~~to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.

AtIn connection with the ~~Special~~completion ~~Meeting~~of the Merger, the Company’s ~~stockholders~~notified ~~voted~~the ~~upon~~New ~~and~~York ~~approved~~Stock aExchange ~~proposal~~(the to“NYSE”) ~~approve~~on October 11, by2019 athat, ~~non-binding~~effective ~~advisory~~on ~~vote~~that date, each share of Company Common Stock issued and outstanding immediately prior to the ~~compensation~~Effective ~~that~~Time ~~may~~was beautomatically ~~paid~~converted orinto ~~become~~the ~~payable~~right to receive the ~~Company’s~~Merger ~~named~~Consideration. ~~executive~~As ~~officers~~a ~~and~~result, ~~that~~it is ~~based~~expected that all Shares will be removed from trading on the NYSE following the close of trading on October 11, or2019. ~~otherwise~~On ~~relates~~October 11, to2019, the ~~Merger.~~Surviving ~~Approximately~~Corporation ~~69%~~requested that the NYSE file with the SEC a notification of removal from listing and registration on Form 25 to effect the ~~shares~~delisting of Company Common Stock ~~present~~from inthe ~~person~~NYSE orand ~~represented~~the byderegistration ~~proxy~~of atCompany ~~the~~Common ~~Special~~Stock ~~Meeting~~under ~~were~~Section 12(b) ~~voted~~of inthe ~~favor~~Securities Exchange Act of 1934, as amended (the ~~proposal~~“Exchange Act”). ~~The~~In ~~votes~~addition, onthe ~~this~~Surviving ~~proposal~~Corporation ~~were~~intends asto ~~follows:~~file a Form 15 with the SEC requesting the termination of registration of Company Common Stock under Section 12(g) of the Exchange Act and the suspension of reporting obligations under Sections 13 and 15(d) of the Exchange Act with respect to Company Common Stock.

Votes For		Votes Against		Votes Abstained
26,440,862		5,542,890		83,505

Item 3.03.

Material Modification to Rights of Security Holders.

~~Adjournment~~Upon the Effective Time, each holder of Company Common Stock issued and outstanding immediately prior to the ~~Special~~Effective ~~Meeting~~Time ceased to have any rights as a stockholder of the Company (other than the right of holders of Company Common Stock to receive the Merger Consideration).

~~Because~~The ~~stockholders~~information ~~holding~~set atforth ~~least~~above aunder ~~majority~~Item 2.01 of ~~the~~this ~~shares~~Current ofReport ~~Common Stock outstanding and entitled to vote approved the proposal to adopt the Merger Agreement, the vote was not called~~ on ~~the~~Form ~~proposal~~8-K tois ~~adjourn~~incorporated ~~the~~by ~~Special~~reference ~~Meeting~~into ~~from~~this time to time to a later date or time if necessary or appropriate, including to solicit additional proxies in favor of the proposal to adopt the Merger Agreement if there are insufficient votes at the time of the Special Meeting to adopt the Merger AgreementItem 3. 03.

Item 5.01.

Change in Control of Registrant.

As a result of the completion of the Merger, a change in control of the Company occurred, and the Surviving Corporation became a wholly owned subsidiary of Parent.

The information set forth above under Item 2.01 of this Current Report on Form 8-K is incorporated by reference into this Item 5.01.

Item 5.02.

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

In connection with the Merger, each of the members of the board of directors of the Company resigned as a director of the Company and from all committees of the board of directors on which he or she served, effective as of the Effective Time. Pursuant to the terms of the Merger Agreement, effective as of the Effective Time, the members of the board of directors of Sub immediately prior to the Merger became the directors of the Company.

In connection with the Merger, the Company’s named executive officers were each removed from their respective positions with the Company and their last day of employment is expected to be Monday, October 14, 2019. Pursuant to the terms of the named executive officers’ respective employment agreements with the Company and subject to the named executive officers’ execution and non-revocation of a general release of claims in favor of the Company and continued compliance with restrictive covenants, the name executive officers will become entitled to severance benefits for a termination by the Company without cause following a change in control of the Company, which were described in the Company’s Proxy Statement filed on SEC on September 12, 2019.

Item 5.03.

Amendments to Articles of Incorporation or Bylaws; Changes in Fiscal Year.

At the Effective Time, the certificate of incorporation of the Company and the by-laws of the Company were each amended and restated in their entirety as set forth in Exhibits 3.1 and 3.2 hereto, respectively, which are incorporated by reference herein.

Item 8.01.

Other Events.

On October 11, 2019, Parent issued a press release in connection with the completion of the Merger. The full text of the press release is attached hereto as Exhibit 99.1.

Item 9.01.

Financial Statements and Exhibits.

(d) Exhibits


Exhibit Number		Description

	3.1	Third Restated Certificate of Incorporation of Navigant Consulting, Inc.

	3.2	By-Laws of Navigant Consulting, Inc.

	99.1	Press Release, dated October 11, 2019

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.

	NAVIGANT CONSULTING, INC.
October 10, 2019	By:	/s/ Monica M. Weed
October 11, 2019	By:	/s/ Monica M. Weed
	Name:	Monica M. Weed
	Title:	Executive Vice President, General Counsel and Secretary

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