UNITEDSTATES

SECURITIESAND EXCHANGE COMMISSION

Washington,D.C. 20549

FORM8-K

CURRENTREPORT

Pursuantto Section 13 or 15(d) of the Securities Exchange Act of 1934

April15, 2021

Dateof Report (Date of earliest event reported)

PETVIVOHOLDINGS, INC.

(Exactname of registrant as specified in its charter)

(952)405-6216

Registrant’stelephone number, including area code

Checkthe appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant underany of the following provisions:

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

Item5.02 Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

OnApril 14, 2021, Robert J. Folkes was appointed to serve as the Chief Financial Officer of PetVivo Holdings, Inc. (the “Company”),effective April 14, 2021.

Mr. Folkes, 58, served as the Chief Operating Officer from February2015 until September, 2020 and as the Chief Financial Officer from 2005 until April 2016 of Tactile Systems Technology, Inc. (NASDAQ:TCMD, a manufacturer and developer of at-home therapy devices that treat chronic swelling conditions such as lymphedema and chronicvenous insufficiency Since September 2020 through the current date, Mr. Folkes was retired. Prior to joining TCMD in 2004,Mr. Folkes was the Chief Financial Officer for Advanced Respiratory, a medical device company, from 1997 until its sale in 2003.Prior to joining Advanced Respiratory, Mr. Folkes was an Audit Senior Manager for Ernst & Young LLP. He served as Ernst &Young’s Senior Manager of the Entrepreneurial Services Group, and was involved with numerous SEC registrations, mergers and acquisitions.Mr. Folkes is a Certified Public Accountant and earned a B.A. in Accounting from the University of Minnesota – Carlson Schoolof Management.

Underthe terms of an employment agreement dated April 14, 2021 (the “Employment Agreement”), Mr. Folkes will receive anannual base salary of $190,000 per year. The employment agreement is for a term of approximately two year and nine months andterminates on January 31, 2024. The Company may terminate Mr. Folkes employment at any time upon 10 days advance written noticeor for Cause (as defined in the Employment Agreement).

Mr. Folkes is eligible to receive an incentive bonus annual targetof 50% of base salary ($95,000) based upon the achievement of performance goals developed for each year by the Company’s Boardand Compensation Committee. Any bonus earned as a result of the Company’s fiscal 2021 performance will be pro-rated based on Mr.Folkes’ start date. He is also eligible to receive all benefits offered to the Company’s employees.

Asof Aprill 14, 2021, Mr. Folkes will receive 34,000 Restricted Stock Grants (“RSUs”) the following equity grants pursuantto the Company’s 2020 Equity Incentive Plan (the “2020 Equity Incentive Plan”):

TheRSUs (of the Company’s Common Stock) will vest as follows: 10,000 RSUs on January 1, 2022 and January 1, 2023, respectively,based upon continued employment. Upon vesting, the RSUs convert into shares of Common Stock of the Company on a one-for-one basis.Mr. Folkes is eligible to receive additional equity grants each of the following years of employment at an annual target of 100%of base salary ($190,000) based upon annual grants of equity by the Company’s Board and Compensation Committee.

Mr.Folkes is subject to a non-competition covenant during the term of his employment and for an additional one year period. Mr. Folkesis subject to a non-solicitation covenant with respect to the Company’s employees for one year following termination ofhis employment. Mr. Folkes’ agreement also contains a customary confidentiality covenant.

Thereare no relationships between Mr. Folkes and the Company which require disclosure under Item 404(a) of Regulation S-K.

Theforegoing summary of Mr. Folkes’ Employment Agreement does not purport to be complete and is qualified in its entirety byreference to the complete text of the Employment Agreement, a copy of which is attached as Exhibit 10.1 to this Current Reporton Form 8-K and incorporated herein by reference in its entirety.

Item 9.01. Financial Statements and Exhibits.

Exhibits

SIGNATURES

Pursuantto the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalfby the undersigned hereunto duly authorized.