-----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, Iy7122AowfLQEEc/3CVUub0XL850XSqyRNE2naTA9BRbcLzZlY2Qn2LLpBf0DdB+ Y61cCeifUi2gkkCCGO3+Tw== 0000950153-07-000766.txt : 20070412 0000950153-07-000766.hdr.sgml : 20070412 20070412170237 ACCESSION NUMBER: 0000950153-07-000766 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070411 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20070412 DATE AS OF CHANGE: 20070412 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOBILITY ELECTRONICS INC CENTRAL INDEX KEY: 0001075656 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER PERIPHERAL EQUIPMENT, NEC [3577] IRS NUMBER: 860843914 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-30907 FILM NUMBER: 07764049 BUSINESS ADDRESS: STREET 1: 17800 N. PERIMETER DR. CITY: SCOTTSDALE STATE: AZ ZIP: 85255 BUSINESS PHONE: 4805960061 MAIL ADDRESS: STREET 1: 17800 N. PERIMETER DR. CITY: SCOTTSDALE STATE: AZ ZIP: 85255 8-K 1 p73703e8vk.htm 8-K e8vk
 

 
 
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): April 11, 2007
 
MOBILITY ELECTRONICS, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware
(State or Other Jurisdiction of Incorporation)
     
0-30907   86-0843914
(Commission File Number)   (IRS Employer Identification No.)
     
17800 N. Perimeter Dr., Suite 200, Scottsdale, Arizona   85255
(Address of Principal Executive Offices)   (Zip Code)
(480) 596-0061
(Registrant’s telephone number, including area code)
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:
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 Principal Officers; Election of Directors; Appointment of Principal Officers
     (e) On April 11, 2007, the Compensation and Human Resources Committee of the Board of Directors (the “Committee”) of Mobility Electronics, Inc. (“Mobility”) authorized, approved and adopted modifications to the 2007 compensation arrangement for Jonathan Downer, Mobility’s Senior Vice President, Worldwide Sales and Distribution. As a result of the modifications, Mr. Downer will be granted up to an additional 65,000 restricted stock units (“RSUs”) pursuant to Mobility’s Omnibus Long-Term Incentive Plan if Mobility achieves certain objectives set forth and determined by the Committee. If earned, the RSUs will vest twenty-five percent (25%) per year over four (4) years immediately upon the anniversary of each individual RSU grant date.
     The specific terms of the RSU grants will be set forth in a restricted stock unit award agreement (the “RSU Agreement”). A copy of the form of RSU Agreement has previously been filed with the Commission. The above description of the RSUs is not complete and is subject to the terms of the RSU Agreement set forth on the Exhibit.
Item 9.01. Financial Statements and Exhibits
  (d) Exhibits.
     
Exhibit No.   Description
Exhibit 10.1
  Form of Mobility Electronics, Inc. Omnibus Long-Term Incentive Plan Restricted Stock Unit Award Agreement (Previously filed as Exhibit 10.1 to Mobility’s Current Report on Form 8-K filed with the Commission on January 5, 2007).

 

 

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 thereunto duly authorized.
         
  MOBILITY ELECTRONICS, INC.
 		  
Dated: April 12, 2007  By:   /s/ Charles R. Mollo    
    Name:   Charles R. Mollo   
    Title:   President and Chief Executive Officer   
 

 

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