-----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, GKyKEbAhDvmmRre/kYEWhDkRDRFwympizldi1i6cBzVIm+VX50EYROjVLhRoZRlT /a7wuKgzXLMvpBcez+wp6w== 0001157523-09-002510.txt : 20090402 0001157523-09-002510.hdr.sgml : 20090402 20090402162014 ACCESSION NUMBER: 0001157523-09-002510 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090402 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090402 DATE AS OF CHANGE: 20090402 FILER: COMPANY DATA: COMPANY CONFORMED NAME: MOVE INC CENTRAL INDEX KEY: 0001085770 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE AGENTS & MANAGERS (FOR OTHERS) [6531] IRS NUMBER: 954438337 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-26659 FILM NUMBER: 09727902 BUSINESS ADDRESS: STREET 1: 30700 RUSSELL RANCH RD CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91362 BUSINESS PHONE: 805-557-2300 MAIL ADDRESS: STREET 1: 30700 RUSSELL RANCH RD CITY: WESTLAKE VILLAGE STATE: CA ZIP: 91362 FORMER COMPANY: FORMER CONFORMED NAME: HOMESTORE INC DATE OF NAME CHANGE: 20021113 FORMER COMPANY: FORMER CONFORMED NAME: HOMESTORE COM INC DATE OF NAME CHANGE: 19990505 8-K 1 a5932584.htm MOVE, INC. 8-K

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 2, 2009

Move, Inc.
(Exact name of registrant as specified in its charter)

Delaware   000-26659   95-4438337
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)

30700 Russell Ranch Road
Westlake Village, California 91362
(Address of principal executive offices)
(Zip Code)

Registrant’s telephone number, including area code: (805) 557-2300


 (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))


TABLE OF CONTENTS

Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

Item 9.01     Financial Statements and Exhibits

SIGNATURE
EXHIBIT INDEX
EXHIBIT 99.1


Item 5.02     Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Move, Inc. (the “Company”) issued a press release on April 2, 2009 announcing that its Chief Financial Officer, Lewis R. Belote, III, will be leaving the Company.  Mr. Belote will continue in his current position as CFO (and as the Company’s principal financial officer and principal accounting officer) until the Company identifies a successor.  The press release is filed as Exhibit 99.1 to this report and is incorporated by reference into this report.

In addition, on April 2, 2009, the Company amended Mr. Belote’s Employment Agreement, as follows: (i) in the event of Mr. Belote’s involuntary termination, termination for death or disability, or termination without cause by the Company, subject to his execution of the Acknowledgement and Release of Claims under his employment agreement and his continued cooperation with the Company as directed by the Chief Executive Officer of the Company up to such termination, all options granted to Mr. Belote with the exception of those awarded at the commencement of his employment shall be exercisable for a period of three years after the final payment of the cash severance payments (the options awarded at the commencement of his employment shall be exercisable until the expiration set forth in the option awards); and (ii) Mr. Belote shall be entitled to receive the normal health insurance, 401(k), and other benefits offered to the Company’s senior executives during the period that any cash severance payments are made to Mr. Belote under his employment agreement.



Item 9.01     Financial Statements and Exhibits.

(d)     Exhibits

99.1      Press Release of the Company dated April 2, 2009, announcing that its Chief Financial Officer, Lewis R. Belote, III, will be leaving the Company.


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.

MOVE, INC.

 

Date: April 2, 2009

By:

/s/ James S. Caulfield

James S. Caulfield

Executive Vice President, General

Counsel and Secretary


EXHIBIT INDEX

Exhibit No.

 

Description

99.1

Press Release of the Company dated April 2, 2009, announcing that its Chief Financial Officer, Lewis R. Belote, III, will be leaving the Company.

EX-99.1 2 a5932584ex99_1.htm EXHIBIT 99.1

Exhibit 99.1

Move, Inc. Announces Planned Departure of Chief Financial Officer

WESTLAKE VILLAGE, Calif.--(BUSINESS WIRE)--April 2, 2009--Move, Inc. (NASDAQ:MOVE), the leader in online real estate, today announced that Lewis R. Belote, III, its chief financial officer, will leave the Company later this year. Mr. Belote, who joined the company in 2002, will continue in his current position as CFO until the company appoints a successor.

“On behalf of the Board of Directors, I want to thank Lew for the many contributions he has made to Move over the past seven years,” said Steve Berkowitz, Move’s chief executive officer. “Lew has been a stable presence for the Company during some challenging times and we appreciate the professionalism, expertise and dedication he brought to the Company.”

Mr. Belote said, “This has been an incredible journey at Move and I’m proud of our past accomplishments. While I am looking forward to spending more time with my family, I am also excited about Steve’s leadership and the direction he’s taking the Company. Under his guidance, I’m confident that Move will continue to build on its position as the leader in online real estate and I will do everything I can to support him and his team through this transition.”

Move has engaged Spencer Stuart, a global executive search firm to lead the search for Mr. Belote’s replacement.

ABOUT MOVE, INC.

Move, Inc. (NASDAQ:MOVE) is the leader in online real estate with 7.4 million[1] monthly visitors to its online network of websites. Move, Inc. operates: Move.com®, a leading destination for information on new homes and rental listings, moving, home and garden and home finance; REALTOR.com®, the official Web site of the National Association of REALTORS®; Welcome Wagon®; Moving.com; SeniorHousingNet(TM); and Top Producer® Systems. Move, Inc. is based in Westlake Village, California.

This press release may contain forward-looking statements, including information about management’s view of Move’s future expectations, plans and prospects, within the safe harbor provisions under The Private Securities Litigation Reform Act of 1995. These statements involve known and unknown risks, uncertainties and other factors which may cause the results of Move, its subsidiaries, divisions and concepts to be materially different than those expressed or implied in such statements. These risk factors and others are included from time to time in documents Move files with the Securities and Exchange Commission, including but not limited to, its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or unpredictable factors also could have material adverse effects on Move’s future results. The forward-looking statements included in this press release are made only as of the date hereof. Move cannot guarantee future results, levels of activity, performance or achievements. Accordingly, you should not place undue reliance on these forward-looking statements. Finally, Move expressly disclaims any intent or obligation to update any forward-looking statements to reflect subsequent events or circumstances.

[1] comScore Media Metrix, Feburary 2009

CONTACT:
Move, Inc.
Julie Reynolds, 805-557-3080
Julie.reynolds@move.com
or
The Blueshirt Group
Todd Friedman, 415-217-7722
todd@blueshirtgroup.com
Stacie Bosinoff, 415-217-7722
Stacie@blueshirtgroup.com

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