-----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, JVu3UTWVg/cm3heL1iEf7JpbNDcIGxDxjf08cZv1yOglVniRYCQ6gVukdbMmfl5o ftsMp1mFqgd/opjaSKI06w== 0000950135-08-004810.txt : 20080707 0000950135-08-004810.hdr.sgml : 20080704 20080707160040 ACCESSION NUMBER: 0000950135-08-004810 CONFORMED SUBMISSION TYPE: 8-K/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080617 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20080707 DATE AS OF CHANGE: 20080707 FILER: COMPANY DATA: COMPANY CONFORMED NAME: 3COM CORP CENTRAL INDEX KEY: 0000738076 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER COMMUNICATIONS EQUIPMENT [3576] IRS NUMBER: 942605794 STATE OF INCORPORATION: DE FISCAL YEAR END: 0531 FILING VALUES: FORM TYPE: 8-K/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-12867 FILM NUMBER: 08941040 BUSINESS ADDRESS: STREET 1: 350 CAMPUS DRIVE CITY: MARLBOROUGH STATE: MA ZIP: 01752-3064 BUSINESS PHONE: 508-323-1000 MAIL ADDRESS: STREET 1: 350 CAMPUS DRIVE CITY: MARLBOROUGH STATE: MA ZIP: 01752-3064 8-K/A 1 b710323ce8vkza.htm 3COM CORPORATION e8vkza
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
(Amendment No. 1)
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
June 17, 2008
3COM CORPORATION
(Exact name of registrant as specified in its charter)
         
Delaware
(State or other jurisdiction of
incorporation)
  0-12867
(Commission
File Number)
  94-2605794
(IRS Employer
Identification No.)
350 Campus Drive
Marlborough, Massachusetts
01752

(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including area code: (508) 323-1000
(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):
    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))
 
 

 


Explanatory Note
This Current Report on Form 8-K/A is filed to report revised executive compensation bonus determinations made on July 2, 2008 that amend disclosure originally made in a Form 8-K filed on June 23, 2008.
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
SIGNATURE


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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Revised Bonus Determinations for Certain Executive Officers. As reported in a Form 8-K filed on June 23, 2008, on June 17, 2008, the Compensation Committee of the Board of Directors of 3Com Corporation approved bonus payments for the second half of fiscal 2008 for 3Com’s named executive officers, current CEO and CFO and certain other senior executives. As originally reported, each officer’s earned bonus amount was consistent with the criteria set forth in a previously-disclosed bonus plan or employment agreement, except the Committee exercised discretion to increase awards to TippingPoint executives James Hamilton (President) and Marc Willebeek-LeMair (Chief Technology Officer).
On July 2, 2008, however, the Committee determined to decrease the awards to the following executives (among other senior executives) to better coincide with overall Company performance for the relevant period. Bonuses for Messrs. Hamilton and Willebeek-LeMair and Dr. Shusheng Zheng remain unchanged.
         
Name/Title   Bonus Percentage (as revised)   Payout (as revised)
Robert Y. L. Mao (CEO)
  100% (pro rated for days worked)   $  56,831
Jay Zager (CFO)
  100%   $130,000
Neal Goldman (CALO)
  100%   $121,875

 


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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.
         
    3COM CORPORATION
 
       
Date: July 7, 2008
  By:   /s/ Eileen Nelson
 
       
 
      Eileen Nelson
 
      Senior Vice President, Human Relations

 

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