-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, GhB4rNO/tDCh2qet1h4LaUQq67tU1vpiMfi33HCVyfG+HZnnZ4zGgdX7fPd/QmUi wDucOgJPiTOo07pqQEz8yg== 0001073349-07-000027.txt : 20071119 0001073349-07-000027.hdr.sgml : 20071119 20071119103847 ACCESSION NUMBER: 0001073349-07-000027 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071119 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20071119 DATE AS OF CHANGE: 20071119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BOTTOMLINE TECHNOLOGIES INC /DE/ CENTRAL INDEX KEY: 0001073349 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 020433924 STATE OF INCORPORATION: DE FISCAL YEAR END: 0823 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-25259 FILM NUMBER: 071255099 BUSINESS ADDRESS: STREET 1: 325 CORPORATE DRIVE CITY: PORTSMOUTH STATE: NH ZIP: 03801 BUSINESS PHONE: 6034360700 MAIL ADDRESS: STREET 1: 325 CORPORATE DRIVE CITY: PORTSMOUTH STATE: NH ZIP: 03801 8-K 1 november8k.htm AMENDED BONUS PLAN - EBERLE november8k.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 15, 2007
 
 
Bottomline Technologies (de), Inc.
(Exact Name of Registrant as Specified in Charter)
 
 
 
 
 
 
 
 
Delaware
 
000-25259
 
02-0433294
(State or Other Jurisdiction
of Incorporation
 
(Commission File Number)
 
(IRS Employer
Identification No.)
 
 
 
325 Corporate Drive, Portsmouth, New Hampshire
 
03801
(Address of Principal Executive Offices)
 
(Zip Code)
 
Registrant’s telephone number, including area code: (603) 436-0700
 
Not Applicable.
(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):
 
¨
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
¨
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
¨
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
¨
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.

(e)

On November 15, 2007, the compensation committee of the board of directors of Bottomline Technologies (de), Inc. (the “Registrant”) amended the cash bonus plan for Robert Eberle, the Registrant’s President and Chief Executive Officer,  for the fiscal year ended June 30, 2008 (the “Bonus Plan”), to provide for the payment of a cash bonus of up to 120% of Mr. Eberle’s base salary based upon the achievement of revenue and operating income targets established by the committee and the achievement of key management objectives.  Prior to this amendment, the Bonus Plan provided for the payment of a cash bonus of up to 100% of Mr. Eberle’s base salary. Cash bonuses under the Bonus Plan are based on a percentage of base compensation and are intended to be measured and paid quarterly, with an opportunity for review of the overall bonus at year end.  Determinations regarding the bonuses are at the discretion of the compensation committee.



 


 
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.
 
 
BOTTOMLINE TECHNOLOGIES (de), INC.
  
       
November 19, 2007
By:
/s/ Kevin Donovan
  
   
Kevin Donovan
  
   
Chief Financial Officer and Teasurer
  
       
 

 



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