8-K

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 27, 2002

NMT Medical, Inc.

(Exact name of registrant as specified in charter)

Delaware	000-21001	95-4090463
(State or other jurisdiction of incorporation)	(Commission File Number)	(IRS Employer Identification No.)

27 Wormwood Street, Boston, Massachusetts	02210-1625
(Address of principal executive offices)	(Zip Code)

Registrant’s telephone number, including area code: (617) 737-0930

N/A

(Former name or former address, if changed since last report)

Item 5.    Other Events.

On November 27, 2002, NMT Medical, Inc. (the “Company”) issued a press release announcing that the Company received notification of the arbitrator’s award of expenses in connection with the arbitration between the Company and Dr. Morris Simon, a former director of the Company. The arbitrator’s award provided that Dr. Simon is entitled to reimbursement of a portion of his expenses equal to $400,000. The full text of the Company’s press release is filed as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 7.    Financial Statements, Pro Forma Financial Information and Exhibits.

(c)    Exhibits

Exhibit No.	Description
99.1	Press Release, dated November 27, 2002, announcing the receipt of notification of the arbitrator’s award of expenses in connection with the arbitration between the Company and Dr. Morris Simon.

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SIGNATURE

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.

Date: November 27, 2002	NMT Medical, Inc. (Registrant)
	By:	/s/    RICHARD E. DAVIS
		Name:    Richard E. Davis Title:      Vice President and Chief Financial Officer

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EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release, dated November 27, 2002, announcing the receipt of notification of the arbitrator’s award of expenses in connection with the arbitration between the Company and Dr. Morris Simon.

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

Contact:    Richard E. Davis

                   Chief Financial Officer

                   NMT Medical, Inc.

                   (617) 737-0930

                   red@nmtmedical.com

NMT MEDICAL RECEIVES NOTIFICATION OF EXPENSE REIMBURSEMENT IN

CONNECTION WITH ARBITRATION

BOSTON, Mass., November 27, 2002 – NMT Medical, Inc. (Nasdaq: NMTI), a leader in designing, developing and marketing minimally invasive solutions for the treatment of cardiac sources of stroke, announced today that it received notification of the award of expenses in connection with the arbitration between the Company and Dr. Morris Simon, a former director of NMT. The arbitration sought resolution of certain disputes over royalties payable on sales of certain existing and future products under the Technology Purchase Agreement, dated as of April 14, 1987, between Dr. Simon and the Company.

As previously announced in an October 25, 2002 press release, the Company received the arbitrator’s substantive award in connection with the arbitration between the Company and Dr. Simon. In that press release, the Company noted that the arbitrator had not yet decided the issue of whether either party was entitled to reimbursement of all or a portion of its legal fees from the other. On November 26, 2002, the Company received the arbitrator’s Memo and Order on Request for Attorney’s Fees and Costs awarding a portion of Dr. Simon’s legal fees and costs to him in the amount of $400,000, which payment will be charged to the current quarter.

About NMT Medical, Inc.

NMT Medical designs, develops and markets proprietary implant technologies that allow interventional cardiologists to treat cardiac sources of stroke through minimally invasive catheter-based procedures. The Company also serves the pediatric interventional cardiologist with a broad range of cardiac septal repair implants delivered with nonsurgical catheter techniques. For more information about NMT Medical, please visit www.nmtmedical.com.