Attached files
| file | filename |
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| EX-99.1 - PRESS RELEASE - SPECTRANETICS CORP | ex991newdirectorspr.htm |
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) November 1, 2010
The Spectranetics Corporation
(Exact name of registrant as specified in its charter)
Delaware | 000-19711 | 84-0997049 | ||||
(State or other jurisdiction | (Commission | (IRS Employer | ||||
of incorporation) | File Number) | Identification No.) |
9965 Federal Drive |
Colorado Springs, Colorado 80921 |
(Address of principal executive offices) (Zip Code) |
Registrant's telephone number, including area code: (719) 633-8333
(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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(d) Effective November 1, 2010 the Board of Directors of The Spectranetics Corporation (the “Company”) appointed Maria Sainz as an independent director to the Company’s Board of Directors. There are no arrangements or understandings between Ms. Sainz and any other person pursuant to which she was selected as a Director of the Company.
Effective November 1, 2010 the Board of Directors of the Company also appointed Daniel A. Pelak as an independent director to the Company’s Board of Directors. There are no arrangements or understandings between Mr. Pelak and any other person pursuant to which he was selected as a Director of the Company.
The committees of the Board of Directors on which Ms. Sainz and Mr. Pelak will serve will be determined by the Board of Directors at a later date.
Pursuant to the Company’s 2006 Incentive Award Plan, as amended, upon appointment to the Board of Directors, each of Ms. Sainz and Mr. Pelak is entitled to receive an initial grant of 10,000 shares of restricted stock to be followed by an annual restricted stock grant of 5,000 shares, beginning at the second Annual Meeting of Stockholders following his or her appointment. Each of Ms. Sainz and Mr. Pelak will receive an annual retainer of $20,000. Board meeting fees of $500, $1,000 and $1,500 will be paid for special telephonic meetings, telephonic meetings with an agenda and in-person meetings, respectively, of the Board of Directors. Ms. Sainz and Mr. Pelak will also be compensated for service on any committees of the Board of Directors. Board members are also reimbursed for expenses associated with their attendance at Board meetings and committee meetings.
A copy of the press release announcing the appointment of Ms. Sainz and Mr. Pelak is attached hereto as Exhibit 99.1.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press release issued by The Spectranetics Corporation on November 3, 2010.
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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.
THE SPECTRANETICS CORPORATION | |||
(registrant) | |||
Date: | November 3, 2010 | By: | /s/ Guy A. Childs |
Guy A. Childs | |||
Chief Financial Officer | |||
(Principal Financial and Accounting Officer) | |||
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EXHIBIT INDEX
Exhibit No.
99.1 Press release issued by The Spectranetics Corporation on November 3, 2010.
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