UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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): May 30 2014
JAGGED PEAK, INC.
(Exact Name of Registrant as Specified in Its Charter)
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Nevada |
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000-31715 |
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91-2007478 |
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(State or other jurisdiction of incorporation or organization) |
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(Commission File Number) |
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(I.R.S. Employer Identification No.) |
3000 Bayport Drive, Suite 250, Tampa, Florida 33607
(Address of principal executive offices – zip code)
(813) 637-6900
(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 (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications, pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13(e)-4(c)) |
ITEM 8.01 OTHER EVENTS
On May 30, 2014, Paul Demirdjian, Chairman of the Board of Directors and Chief Executive Officer of Jagged Peak, Inc. (the “Company”) adopted a 10b5-1 Stock Trading Plan. The plan provides for the sale of a limited number of his shares of the Company's common stock. Under the plan, beginning on June 2, 2014, shares may be sold periodically through June 2, 2015 provided that the stock price is above certain levels. The maximum number of shares that can be sold under the plan is 200,000.
The foregoing trading plans are intended to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company's insider trading policy. Rule 10b5-1 allows individuals who are not in possession of material, non-public information at the time a stock trading plan is adopted to establish prearranged written plans to buy or sell a specified number of shares of a company's stock. Trading under the foregoing plans is generally based on reaching certain pre-determined minimum price conditions.
Transactions under the foregoing trading plans will be disclosed publicly through Form 4 filings with the Securities and Exchange Commission, to the extent required by law.
SIGNATURE
Pursuant to the requirements of the Securities and Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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JAGGED PEAK, INC. | ||
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By: |
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/s/ Albert Narvades |
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Name: |
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Albert Narvades |
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Title: |
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Senior Vice President, Chief Financial Officer, Treasurer and Secretary (Principal Financial Officer) |
Date: June 4, 2014