-----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, AwrjHd60tvhIoigPjiYn9wwOgkm12PS/rGI3WmmZ4RbwfE2z/g3B0x04tps28lft 6NochWVnMFl+mEyo9dz5/w== 0000709804-08-000036.txt : 20081016 0000709804-08-000036.hdr.sgml : 20081016 20081016154256 ACCESSION NUMBER: 0000709804-08-000036 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20081016 ITEM INFORMATION: Other Events FILED AS OF DATE: 20081016 DATE AS OF CHANGE: 20081016 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ADAPTEC INC CENTRAL INDEX KEY: 0000709804 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 942748530 STATE OF INCORPORATION: DE FISCAL YEAR END: 0331 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-15071 FILM NUMBER: 081127371 BUSINESS ADDRESS: STREET 1: 691 S MILPITAS BLVD STREET 2: M/S25 CITY: MILPITAS STATE: CA ZIP: 95035 BUSINESS PHONE: 4089458600 MAIL ADDRESS: STREET 1: 691 SOUTH MILPITAS BLVD STREET 2: M/S25 CITY: MILPITAS STATE: CA ZIP: 95035 8-K 1 body8k.htm 8-K October 16, 2008 8K DOC


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): October 16, 2008

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

Delaware
0-15071
94-2748530
 (State of other jurisdiction of incorporation)
 (Commission File Number)
(I.R.S. Employer Identification Number)

691 S. Milpitas Blvd.
Milpitas, California    95035

(Address of principal executive offices including zip code)

(408) 945-8600
(Registrant's telephone number, including area code)

      N/A      
(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)

x  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 8.01: Other Events.

At the Adaptec, Inc. ("Adaptec") 2008 Annual Meeting of Stockholders to be held on October 23, 2008, Adaptec's stockholders are being asked to approve proposals that would give authority to Adaptec's Board of Directors to effect a one-for-three, one-for-four or one-for-five reverse stock split at any time prior to Adaptec's 2009 Annual Meeting of Stockholders.

The proposals being considered at the 2008 Annual Meeting of Stockholders do not include a reduction in Adaptec's authorized common stock, which would remain at 400,000,000 shares. However, Adaptec will seek stockholder approval at Adaptec's 2009 Annual Meeting of Stockholders of a reduction in Adaptec's authorized shares of common stock proportionate with any reverse split ratio that the Board implements pursuant to stockholder approval at the 2008 Annual Meeting of Stockholders. Consequently, if Adaptec's Board implements the one-for-three reverse split, stockholders would be asked at Adaptec's 2009 Annual Meeting of Stockholders to approve a reduction in the authorized shares to 133,333,000, if the Board implements the one-for-four reverse split, stockholders would be asked to approve a reduction in the authorized shares to 100,000,000 and if the Board implements the one-for-five reverse split, stockholders would be asked to approve a reduction in the authorized shares to 80,000,000.

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.

ADAPTEC, INC.

By: /s/ MARY L. DOTZ
Mary L. Dotz
Chief Financial Officer

Date: October 16, 2008

 

GRAPHIC 3 logo.jpg LOGO begin 644 logo.jpg M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$" M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,# M`P,#`P,#`P,#_\``$0@`'0"0`P$1``(1`0,1`?_$`)```0$!`0$!`0`````` M``````D("@<&!0L!``,!`0`````````````````!`@,$$```!0(#"`$"!`,% M"0`````"`P0%!@$'$0@)`!(3%!46%Q@*(2(C)"49,28:43)$-B=!8:&Q0F)% M-U@1``("`@(!!`,``P$````````!$0(A`S$2(D%A@3)1<1.AL4,$_]H`#`,! M``(1`Q$`/P#9)G0U#,H>G_#V^89I;PLEO^O44TB,13IUTDN#-3D=*(WC:5%OH'%W]G+BLT5O:-I3K5;I/F M!02\E&L!_')"2,L`:@J$P6-<#'JR:TM=34DQA^6)I=.SJC;W-CS3Q5$J.`2< M^O5GF-8UMX1"I02A:1&;@R![$072N(N71GCPI]`UV6/1C_CL_`^V77,Q87-I M;!GO+ERNE%+MVW>QG)TTCBJZIX4;BEW.<97UL4EIGB-OZ'B!XZ!P3IEA-!AJ M,NE!!K4(::RQH]Y0M:XZJ,@024HAE$CK@&M:4V4Y]CH59U0EY0;R\G&M)DNSK6WO] M>:"*[CVOLYEG0LBV[%U+]1EBMO"&@3ZF<5J9`B=Z2Q[Z@Y)D3=0P\F@`B#S2 M8`=\U06"K,+4M5P^6&)=+Y;>G]#IFICMN[2YC[QQI"M,2'S]DCL0A[&X%%&" M!5?'FF;RQGDZ]$8$-!%U5HF\8Z5_NTI]=C!:TW&*T_\`53R;:E$>>7#+?/U8 MYC%4I"V:VBGC8&)W4B2)2;1.0ZKHV8K6IW:/FJJT*HYM:I>WA-$$L9P#14!L M$6K:OV*^OI?JSN6:UTIO3?JX<;M=:^&)`K)#+Y2MY1O24-,"2D1IBBP'+G5V M<5(PDI$20H]8K/$$LDL8Q4#4$DWA-R27E/IZ8>%1%A6`0'"#AO%@K7"A@T6F[7H6C8//=935DE MC+-,G5Y%Z5ZM^T)CY?9:<&A@-T(`:L6A2%R5VC)SD?1=&$QYM%!;[&CGD)ZT MLI"IJ0&I8JW5I(RO2U7DPXU/O!KGZMSW#`:82DH,H"]Z.&<>+?/-,VSY.I1JU^X_&L9H2Y`<@^ MF;K6IS`B`H0H9*])3SBQ4P,*+$&O\=A<#VKM=(/31>TVAZOV;RZ M9V8&YTU!!((T!N]?B6(',L^YMSY7.I$K2MC,GD3J0XT;5/=M+:6G@<@. MA]'A9$4[:*2RN92)M)ZT%M"N<^2;V]"F9G>)$\RM>2XRZ#('U[-->I`K7.B@"AQ4" M$``S!!+I]H<*?389>MNU,\R6E\GP8BL\%AS08;X,@]A1@K6F.`@OES!!KA_" MOUV+$Z/K\CPQ+XRF03,;D2LM-[>5N39O,+X$BED9K<.6VWC\ MB6#DD%DA[FUJ8JO>W`SCIV_D5))(_P`N:"H0AJW'!G_6ZMG*`$^/-F(S%&2+\O5YC,P8!(RUH0!,,:E MZ@NM=T0=U(TVI6IV1QF[UHX3?[Y"ER[&W+0K7.W=WM3V46\F[H)M:97,%U?(K@%I].Z%Y==,O M*8Q/=OLO[\5,,XUVFM9*'R3NUQKA/#UX^A8I.]OBM4XNJ"'M\(6&(TAAE4Y1 MIB<804&06*@V+5-K.ULL^;<#*?H^:8%BLLT:U!+5Y@,U^:S-)9!'?"1EV+G-MNK?W99UT4;[H&L".X3W:-[7HD4TMQED+F3]I2DYCAQ2)&@$;0?)B6+*@W:G#V;,]* M23LQO,M7Q9M/:/9=(S'V\RG@+:S'QT-47)!G@BN83*5="Q< M@B%H+KA=H&_2VXTDALMN!:,]>46]PVX4=:8`YM28Z51`\]K9:R4*-TIOH^Q]I=E#"[M"@P@YP;*T4$8E'A&`?,HJC6RG5\B09Q]:^Z>JW MI6YOX8]93&ZUC39DC+8_W-N^QW05/\0/E\DOQ#6Z*1*-Q)RAB%T(62.CIGE=R)9E7[+JIR\PXRZ6:2#V_)7W!!/#[A MAC+-98F82E`8"(1&C8P-4C.JV$5J%0)2I3*?J&A6`F_K\DZJ];NO.!+K;Z>$ MQU$/C&Y6XM:)$4Z7TLG+[L7DM2PF'DI:S12UW=N\QRN`$+%)I25(X2B,/!]4 M`C1!*$YI4H#!`+&,83E$.W3+77$M=<#V83LG:DX7%K<6P81')@'$C)&([C)8P:7UUOY M5Y.):Z5V)G?7/L\WHN';$VRTNNKERRRSYRM2LD094Y05-)K3M+HR,CP^`9X^ M!2]A8CTQRPJB0GE5!HB*[PBJBJ/D>KZ1[EOKFUC M&H%="//K78FR*R3R:$RV4)52=1>F]<@;G-F3+8T:L`4>^,42ZVL<(*HL-31I0J!FF&'8MZ MK3XN$RA-+J\=PM3#.!&K7V_TJ-+6+V.8)4CE-[I^ARA&.15I;7IG`2ZC.7,5 MR@&F":H5BJL&F"F(/W!-^Q-UU6;.?V5U\K'39N2_P`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`U\]S/#_Q?$Q^['9"0NW>A)^S>I]9_/]-[>X7);WV/&8,AGRN.C?N)6\[?Y/H/I=:?H?(8Q/I+EV\3^R/C_`+D[*[%CW`Z9WW^F M]$[HYK@_3NM\47.=U>"?Y'ZMS&]S?/?C<3>XWW M8['[@TK_`%CQF!UYS7/ M?J&.'&^NP0YG/)4R_D>16=3Y7IO*J.H<_P`'D>1X(^;YSF/P.5X&]Q-_[-S' M'Z8[`C+W?[^E+\P/'E[T;\E]5'W!V/W/VUU?CUYGK7AO_3CFN8QYCF/KO8\3 M_;L&B_KZ=H'SRC>HGA..>D7@SP+B/H'KYVAV'SG!(YO?[-_(]=W.'S?,?G=[ *#C?=L$.9SR?_V3\_ ` end
-----END PRIVACY-ENHANCED MESSAGE-----