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Allscripts Healthcare Solutions, Inc. – ‘10-K’ for 12/31/19 – ‘EX-4.5’

On:  Monday, 3/2/20, at 4:27pm ET   ·   For:  12/31/19   ·   Accession #:  1564590-20-8173   ·   File #:  1-35547

Previous ‘10-K’:  ‘10-K’ on 2/22/19 for 12/31/18   ·   Next:  ‘10-K’ on 2/26/21 for 12/31/20   ·   Latest:  ‘10-K/A’ on 4/29/22 for 12/31/21   ·   2 References:   

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/02/20  Allscripts Healthcare Soluti… Inc 10-K       12/31/19  156:33M                                    ActiveDisclosure/FA

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   3.26M 
 2: EX-4.5      Instrument Defining the Rights of Security Holders  HTML     55K 
 3: EX-21.1     Subsidiaries List                                   HTML     60K 
 4: EX-23.1     Consent of Experts or Counsel                       HTML     45K 
 5: EX-31.1     Certification -- §302 - SOA'02                      HTML     51K 
 6: EX-31.2     Certification -- §302 - SOA'02                      HTML     51K 
 7: EX-32.1     Certification -- §906 - SOA'02                      HTML     47K 
30: R1          Document and Entity Information                     HTML    109K 
90: R2          Consolidated Balance Sheets                         HTML    171K 
145: R3          Consolidated Balance Sheets (Parenthetical)         HTML     69K  
51: R4          Consolidated Statements of Operations               HTML    178K 
31: R5          Consolidated Statements of Comprehensive Income     HTML     82K 
92: R6          Consolidated Statements of Stockholders' Equity     HTML    146K 
146: R7          Consolidated Statements of Stockholders' Equity     HTML     46K  
                (Parenthetical)                                                  
49: R8          Consolidated Statements of Cash Flows               HTML    189K 
34: R9          Basis of Presentation and Significant Accounting    HTML    130K 
                Policies                                                         
115: R10         Revenue from Contracts with Customers               HTML    282K  
137: R11         Leases                                              HTML    164K  
74: R12         Business Combinations and Other Investments         HTML    196K 
22: R13         Fair Value Measurements                             HTML    209K 
116: R14         Fixed Assets                                        HTML     93K  
138: R15         Goodwill and Intangible Assets                      HTML    300K  
75: R16         Asset Impairment Charges                            HTML     70K 
23: R17         Debt                                                HTML    289K 
120: R18         Income Taxes                                        HTML    408K  
136: R19         Stock Award Plan                                    HTML    298K  
56: R20         Stockholders' Equity                                HTML     55K 
35: R21         Earnings (Loss) Per Share                           HTML    224K 
86: R22         Accumulated Other Comprehensive Loss                HTML    289K 
140: R23         Derivative Financial Instruments                    HTML    197K  
57: R24         Commitments                                         HTML     57K 
36: R25         Discontinued Operations                             HTML    178K 
87: R26         Business Segments                                   HTML    144K 
141: R27         Supplemental Disclosures                            HTML    173K  
55: R28         Geographic Information                              HTML     96K 
40: R29         Contingencies                                       HTML     59K 
29: R30         Quarterly Financial Information (Unaudited)         HTML    499K 
80: R31         Schedule II-Valuation and Qualifying Accounts       HTML    102K 
133: R32         Basis of Presentation and Significant Accounting    HTML    221K  
                Policies (Policies)                                              
112: R33         Basis of Presentation and Significant Accounting    HTML     96K  
                Policies (Tables)                                                
28: R34         Revenue from Contracts with Customers (Tables)      HTML    237K 
79: R35         Leases (Tables)                                     HTML    165K 
132: R36         Business Combinations and Other Investments         HTML    186K  
                (Tables)                                                         
111: R37         Fair Value Measurements (Tables)                    HTML    207K  
24: R38         Fixed Assets (Tables)                               HTML     95K 
81: R39         Goodwill and Intangible Assets (Tables)             HTML    301K 
43: R40         Asset Impairment Charges (Tables)                   HTML     65K 
60: R41         Debt (Tables)                                       HTML    262K 
156: R42         Income Taxes (Tables)                               HTML    414K  
100: R43         Stock Award Plan (Tables)                           HTML    298K  
42: R44         Earnings (Loss) Per Share (Tables)                  HTML    225K 
59: R45         Accumulated Other Comprehensive Loss (Tables)       HTML    291K 
155: R46         Derivative Financial Instruments (Tables)           HTML    197K  
99: R47         Commitments (Tables)                                HTML     55K 
41: R48         Discontinued Operations (Tables)                    HTML    183K 
62: R49         Business Segments (Tables)                          HTML    138K 
68: R50         Supplemental Disclosures (Tables)                   HTML    179K 
13: R51         Geographic Information (Tables)                     HTML    100K 
108: R52         Quarterly Financial Information (Unaudited)         HTML    499K  
                (Tables)                                                         
127: R53         Basis of Presentation and Significant Accounting    HTML     64K  
                Policies - Additional Information (Detail)                       
69: R54         Basis of Presentation and Significant Accounting    HTML     50K 
                Policies - Unamortized Balances of Capitalized                   
                Software (Detail)                                                
14: R55         Basis of Presentation and Significant Accounting    HTML     51K 
                Policies - Capitalized Software Development Costs,               
                Write Offs and Amortization of Capitalized                       
                Software Development Costs (Detail)                              
110: R56         Basis of Presentation and Significant Accounting    HTML     46K  
                Policies - Company Contributions to Employee                     
                Benefit Plan (Detail)                                            
128: R57         Revenue from Contracts with Customers - Additional  HTML     70K  
                Information (Detail)                                             
67: R58         Revenue from Contracts with Customers - Summary of  HTML     60K 
                Revenue Recognized on Various Performance                        
                Obligations and Elected Accounting Expedients                    
                (Detail)                                                         
15: R59         Revenue from Contracts with Customers - Summary of  HTML     83K 
                Revenue by Type and Nature of Revenue Stream by                  
                Reportable Segments (Detail)                                     
93: R60         Leases - Additional Information (Detail)            HTML     60K 
151: R61         Leases - Summary of Total Costs Associated with     HTML     61K  
                Leased Assets (Detail)                                           
63: R62         Leases - Supplemental Information for Operating     HTML     58K 
                and Finance Leases (Detail)                                      
44: R63         Leases - Summary of Balance Sheet Location and      HTML     89K 
                Balances for Operating and Finance Leases (Detail)               
96: R64         Leases - Summary of Future Maturities of Lease and  HTML     91K 
                Non-Lease Components (Detail)                                    
154: R65         Business Combinations and Other Investments -       HTML     64K  
                Additional Information (Detail)                                  
66: R66         Business Combinations and Other Investments -       HTML     71K 
                Acquisition of Health Grid - Additional                          
                Information (Detail)                                             
47: R67         Business Combinations and Other Investments -       HTML     69K 
                Schedule of Consideration Transaction (Detail)                   
97: R68         Business Combinations and Other Investments -       HTML     87K 
                Assets Acquired and Liabilities Assumed (Detail)                 
149: R69         Business Combinations and Other Investments -       HTML     69K  
                Acquired Intangible Assets Amortization (Detail)                 
124: R70         Business Combinations and Other Investments -       HTML     59K  
                Acquisition of Practice Fusion, Inc - Additional                 
                Information (Detail)                                             
107: R71         Business Combinations and Other Investments -       HTML     55K  
                Netsmart LLC Divestiture - Additional Information                
                (Detail)                                                         
19: R72         Business Combinations and Other Investments -       HTML    133K 
                Other Acquisitions, Divestitures and Investments -               
                Additional Information (Detail)                                  
73: R73         Business Combinations and Other Investments -       HTML     64K 
                Summary of Other Equity Investments Included in                  
                Other Assets (Detail)                                            
121: R74         Business Combinations and Other Investments -       HTML     59K  
                Impairment of and Losses on Long-term Investments                
                - Additional Information (Detail)                                
103: R75         Fair Value Measurements - Additional Information    HTML     53K  
                (Detail)                                                         
16: R76         Fair Value Measurements - Summary of Financial      HTML     94K 
                Assets and Liabilities Measured at Fair Value on                 
                Recurring Basis (Detail)                                         
70: R77         Fair Value Measurements - Summary of Financial      HTML     50K 
                Assets and Liabilities Measured at Fair Value on                 
                Recurring Basis (Parenthetical) (Detail)                         
126: R78         Fair Value Measurements - Summary of Changes in     HTML     74K  
                Assets and Liabilities Measured at Fair Value on                 
                Recurring Basis (Detail)                                         
102: R79         Fair Value Measurements - Summary of Changes in     HTML     50K  
                Assets and Liabilities Measured at Fair Value on                 
                Recurring Basis (Parenthetical) (Detail)                         
123: R80         Fixed Assets - Fixed Assets (Detail)                HTML     76K  
106: R81         Fixed Assets - Additional Information (Detail)      HTML     49K  
18: R82         Fixed Assets - Depreciation and Amortization        HTML     47K 
                Expense (Detail)                                                 
72: R83         Goodwill and Intangible Assets - Goodwill and       HTML     65K 
                Intangible Assets (Detail)                                       
122: R84         Goodwill and Intangible Assets - Additional         HTML     91K  
                Information (Detail)                                             
105: R85         Goodwill and Intangible Assets - Changes in         HTML    123K  
                Carrying Amount of Goodwill (Detail)                             
17: R86         Goodwill and Intangible Assets - Amortization       HTML     52K 
                Expense Related to Intangible Assets (Detail)                    
71: R87         Goodwill and Intangible Assets - Future             HTML     61K 
                Amortization Expense for Intangible Assets                       
                (Detail)                                                         
125: R88         Asset Impairment Charges - Additional Information   HTML     92K  
                (Detail)                                                         
101: R89         Asset Impairment Charges - Summary of Non-Cash      HTML     56K  
                Asset Impairment Charges (Detail)                                
94: R90         Debt - Debt Outstanding Excluding Finance Lease     HTML     78K 
                Obligations (Detail)                                             
152: R91         Debt - Interest Expense (Detail)                    HTML     59K  
64: R92         Debt - Interest Expense Related to 0.875%           HTML     53K 
                Convertible Senior Notes and 1.25% Cash                          
                Convertible Senior Notes (Detail)                                
45: R93         Debt - Additional Information (Detail)              HTML    275K 
95: R94         Debt - Summary of Future Debt Payments (Detail)     HTML     83K 
153: R95         Debt - Summary of Future Debt Payments              HTML     48K  
                (Parenthetical) (Detail)                                         
65: R96         Income Taxes - Geographic Breakdown of (Loss)       HTML     56K 
                Income Before Income Tax Benefits (Detail)                       
46: R97         Income Taxes - Components of (Benefit) Provision    HTML     78K 
                for Income Taxes (Detail)                                        
98: R98         Income Taxes - Additional Information (Detail)      HTML    128K 
150: R99         Income Taxes - Taxes Computed at Statutory Federal  HTML    112K  
                Income Tax Rate Reconciled to Provision for Income               
                Taxes (Detail)                                                   
26: R100        Income Taxes - Components of Deferred Tax Assets    HTML     97K 
                and Liabilities (Detail)                                         
83: R101        Income Taxes - Deferred Tax Assets (Liabilities)    HTML     54K 
                Classified in Consolidated Balance Sheets (Detail)               
131: R102        Income Taxes - Change in the Amount of              HTML     63K  
                Unrecognized Tax Benefits (Detail)                               
114: R103        Income Taxes - Recognized Interest and Penalties    HTML     46K  
                Related to Uncertain Tax Positions (Detail)                      
25: R104        Income Taxes - Amount of Interest and Penalties     HTML     46K 
                Included in Consolidated Balance Sheets (Detail)                 
82: R105        Stock Award Plan - Stock-Based Compensation         HTML     60K 
                Expense (Detail)                                                 
129: R106        Stock Award Plan - Additional Information (Detail)  HTML    108K  
113: R107        Stock Award Plan - Activity for Restricted Stock    HTML     71K  
                Units (Detail)                                                   
27: R108        Stock Award Plan - Stock Options Outstanding        HTML     76K 
                (Detail)                                                         
78: R109        Stock Award Plan - Stock Option Activity (Detail)   HTML     49K 
53: R110        Stock Award Plan - Stock Option Awards (Detail)     HTML     70K 
38: R111        Stockholders' Equity - Additional Information       HTML    131K 
                (Detail)                                                         
84: R112        Earnings (Loss) Per Share - Calculations of         HTML    136K 
                Earnings (Loss) Per Share (Detail)                               
142: R113        Earnings (Loss) Per Share - Anti-Dilutive Stock     HTML     47K  
                Options, Restricted Stock Unit Awards and Warrants               
                Excluded from Computation of Diluted Earnings                    
                (Loss) Per Share (Detail)                                        
54: R114        Accumulated Other Comprehensive Loss - Components   HTML     75K 
                of Accumulated Other Comprehensive Loss (Detail)                 
39: R115        Accumulated Other Comprehensive Loss - Components   HTML     52K 
                of Accumulated Other Comprehensive Loss                          
                (Parenthetical) (Detail)                                         
85: R116        Accumulated Other Comprehensive Loss - Income Tax   HTML    127K 
                Effects Related to Components of Other                           
                Comprehensive Loss (Detail)                                      
143: R117        Accumulated Other Comprehensive Loss - Income Tax   HTML     47K  
                Effects Related to Components of Other                           
                Comprehensive Loss (Parenthetical) (Detail)                      
58: R118        Derivative Financial Instruments - Fair Value and   HTML     68K 
                Balance Sheet Locations - (Detail)                               
37: R119        Derivative Financial Instruments - Additional       HTML     71K 
                Information (Detail)                                             
118: R120        Derivative Financial Instruments - Derivatives      HTML     60K  
                Instruments Designated as Cash Flow Hedges -                     
                (Detail)                                                         
134: R121        Derivative Financial Instruments - Net Impact of    HTML     52K  
                Changes in Fair Value of Call Option and Embedded                
                Cash Conversion Option - (Detail)                                
76: R122        Commitments - Additional Information (Detail)       HTML     47K 
20: R123        Commitments - Summary of Expense Incurred under     HTML     52K 
                Atos Agreement (Detail)                                          
119: R124        Discontinued Operations - Additional Information    HTML     57K  
                (Detail)                                                         
135: R125        Discontinued Operations - Summary of Major Income   HTML    104K  
                and Expense Line Items Reported in Consolidated                  
                Statements of Operations (Detail)                                
77: R126        Discontinued Operations - Summary of Major Classes  HTML     88K 
                of Line Items Constituting Income (Loss) of                      
                Discontinued Operations (Detail)                                 
21: R127        Business Segments - Additional Information          HTML     47K 
                (Detail)                                                         
117: R128        Business Segments - Revenues and Income from        HTML     69K  
                Operations Related to Segment Within                             
                Reconciliation to Consolidated Amounts (Detail)                  
139: R129        Supplemental Disclosures - Supplemental             HTML     81K  
                Disclosures (Detail)                                             
148: R130        Supplemental Disclosures - Accrued Expenses         HTML     58K  
                (Detail)                                                         
89: R131        Supplemental Disclosures - Additional Information   HTML     45K 
                (Detail)                                                         
33: R132        Supplemental Disclosures - Prepaids and Other       HTML     52K 
                Current Assets (Detail)                                          
50: R133        Supplemental Disclosures - Other Assets (Detail)    HTML     64K 
147: R134        Supplemental Disclosures - Other Assets             HTML     47K  
                (Parenthetical) (Detail)                                         
88: R135        Geographic Information - Revenues by Geographic     HTML     59K 
                Area (Detail)                                                    
32: R136        Geographic Information - Long-Lived Assets by       HTML     58K 
                Geographic Area (Detail)                                         
48: R137        Contingencies - Additional Information (Detail)     HTML     60K 
144: R138        Quarterly Financial Information (Unaudited) -       HTML    179K  
                Quarterly Financial Information (Unaudited)                      
                (Detail)                                                         
91: R139        Schedule II - Valuation And Qualifying Accounts     HTML     53K 
                (Detail)                                                         
52: XML         IDEA XML File -- Filing Summary                      XML    308K 
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130: ZIP         XBRL Zipped Folder -- 0001564590-20-008173-xbrl      Zip    612K  


‘EX-4.5’   —   Instrument Defining the Rights of Security Holders


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Exhibit 4.5

 

 

 

DESCRIPTION OF THE REGISTRANT’S SECURITIES REGISTERED PURSUANT TO SECTION 12 OF THE SECURITIES EXCHANGE ACT OF 1934

Allscripts Healthcare Solutions, Inc. (“Allscripts,” “we,” “us” or “our”) has one class of securities registered under Section 12 of the Securities Exchange Act of 1934: our common stock.  The following summary of the material terms of our capital stock is not meant to be complete and is qualified by reference to Allscripts’ Fifth Amended and Restated Certificate of Incorporation (the Certificate of Incorporation) and Allscripts’ By-Laws, as amended and restated (the By-Laws), each of which is attached as an exhibit to our Annual Report on Form 10-K, and to all applicable provisions of the General Corporation Law of the State of Delaware (the “DGCL”).

Authorized Capital Stock

Allscripts’ current authorized capital stock consists of 349,000,000 shares of common stock, $0.01 par value per share, and 1,000,000 shares of preferred stock, $0.01 par value per share.

Allscripts Common Stock

Voting and Other Rights. Holders of Allscripts common stock are entitled to one vote for each share held of record on all matters submitted to a vote of stockholders, including the election of directors, and do not have cumulative voting rights. Generally, matters other than the election of directors to be decided by the stockholders will be decided by the vote of holders of a majority of the shares of Allscripts common stock entitled to vote on the subject matter and represented in person or by proxy at a meeting at which a quorum is present except where a different standard is required by the DGCL. Each director is elected by the vote of the majority of the votes cast with respect to that director’s election. The rights, preferences and privileges of holders of common stock are subject to, and may be adversely affected by, the rights of holders of shares of any series of preferred stock that Allscripts may designate and issue at any time in the future.

Dividend Rights; Rights Upon Liquidation. Holders of Allscripts common stock are entitled to receive dividends ratably, if any, as may be declared by the board of directors out of legally available funds. Upon Allscripts’ liquidation, dissolution or winding-up, holders of Allscripts common stock are entitled to share ratably in all assets remaining after payment of Allscripts’ debts and other liabilities, subject to the rights of holders of shares of any series of preferred stock that Allscripts may designate and issue at any time in the future.

Other Rights. Holders of Allscripts common stock currently have no pre-emptive, subscription or conversion rights. There are no sinking fund provisions or redemption provisions applicable to Allscripts common stock.

 


 

Allscripts Preferred Stock

The Allscripts board of directors is authorized, without further stockholder approval but subject to any limitations prescribed by law, to establish from time to time one or more classes or series of preferred stock covering up to an aggregate of 1,000,000 shares of preferred stock, and to issue these shares of preferred stock in one or more series. Each class or series of Allscripts preferred stock will cover the number of shares and will have the preferences, voting powers, qualifications and special or relative rights or privileges as are determined by the board of directors, which may include, among others, dividend rights, liquidation preferences, voting rights, conversion rights and redemption rights.

The Allscripts board of directors may authorize the issuance of preferred stock with voting or conversion rights that could dilute the voting power or other rights of the holders of Allscripts common stock. The issuance of preferred stock could also delay, defer or prevent a change of control of Allscripts or otherwise negatively affect the market price of Allscripts common stock.

Anti-Takeover Provisions

Some provisions of Delaware law and our Certificate of Incorporation and By-Laws could make the following more difficult:

 

acquisition of us by means of a tender offer;

 

 

acquisition of us by means of a proxy contest or otherwise; or

 

 

removal of our incumbent officers and directors.

These provisions, summarized below, are expected to discourage coercive takeover practices and inadequate takeover bids. These provisions are also designed to encourage persons seeking to acquire control of us to first negotiate with our board of directors. We believe that these provisions give our board of directors the flexibility to exercise its fiduciary duties in a manner consistent with the interests of our stockholders.

Advance Notice Requirements. Our By-Laws establish advance notice procedures with respect to stockholder proposals and the nomination of candidates for election as directors.

Delaware Law. Our Certificate of Incorporation contains an election to be governed by Section 203 of the DGCL. Section 203 of the DGCL generally prohibits certain “business combinations,” including certain mergers, sales and leases of assets and tender or exchange offers, by a corporation or certain subsidiaries with an interested stockholder who beneficially owns 15% or more of a corporation’s voting stock, within three years after the person or entity becomes an interested stockholder, unless:

 

the board of directors of the corporation has approved, before the acquisition time, either the business combination or the transaction that resulted in the person becoming an interested stockholder,

 

2

 


 

 

upon consummation of the transaction that resulted in the person becoming an interested stockholder, the person owns at least 85% of the corporation’s voting stock (excluding shares owned by directors who are officers and shares owned by employee stock plans in which participants do not have the right to determine confidentially whether shares will be tendered in a tender or exchange offer), or

 

 

after the person or entity becomes an interested stockholder, the business combination is approved by the board of directors and authorized by the vote of at least two-thirds of the outstanding voting stock not owned by the interested stockholder.

No Stockholder Action by Written Consent; Special Meeting of Stockholders. Our Certificate of Incorporation prohibits our stockholders from acting by written consent without a meeting, and provides that special meetings of the stockholders may be called only by the Chairman of our board of directors or the board of directors in the manner provided in the By-Laws.

Undesignated Preferred Stock. The ability of our board of directors to issue shares of preferred stock without any action on the part of our stockholders may impede a takeover of us and prevent a transaction favorable to the holders of our common stock.

 

 

3

 


2 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 5/28/20  SEC                               UPLOAD6/25/20    2:39K  Veradigm Inc.
 5/07/20  SEC                               UPLOAD6/25/20    2:44K  Veradigm Inc.
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