-----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, ETrLnfAC4XN8VrAH2R5QTW/fEw+FcwSRzPbzDgbbv4FRVTjYKsc5Mn/PNRa9wmEq QUvkmnTvLtiVZnU3TSquoQ== 0001015402-05-001055.txt : 20050303 0001015402-05-001055.hdr.sgml : 20050303 20050303173013 ACCESSION NUMBER: 0001015402-05-001055 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20050303 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20050303 DATE AS OF CHANGE: 20050303 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CONCURRENT COMPUTER CORP/DE CENTRAL INDEX KEY: 0000749038 STANDARD INDUSTRIAL CLASSIFICATION: ELECTRONIC COMPUTERS [3571] IRS NUMBER: 042735766 STATE OF INCORPORATION: DE FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13150 FILM NUMBER: 05658920 BUSINESS ADDRESS: STREET 1: 4375 RIVER GREEN PARKWAY CITY: DULUTH STATE: GA ZIP: 30097 BUSINESS PHONE: 6782584000 MAIL ADDRESS: STREET 1: 4375 RIVER GREEN PARKWAY CITY: DULUTH STATE: GA ZIP: 30097 FORMER COMPANY: FORMER CONFORMED NAME: MASSACHUSETTS COMPUTER CORP DATE OF NAME CHANGE: 19881018 8-K 1 body.txt CONCURRENT COMPUTER 8-K 03-03-2005 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): March 3, 2005 Concurrent Computer Corporation ------------------------------- (Exact name of registrant as specified in its charter) Delaware -------- (State or other jurisdiction of incorporation) 0-13150 ------- (Commission File Number) 04-2735766 ---------- (IRS Employer Identification Number) 4375 River Green Parkway, Suite 100, Duluth, Georgia 30096 ---------------------------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code: (678) 258-4000 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: [_] 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 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT. On October 25, 2004 the Compensation Committee of the Board of Directors granted performance based restricted shares to T. Gary Trimm, Warren Neuburger, Steven K. Necessary*, Steven R. Norton*, Kirk L. Somers, Gregory S. Wilson, and other employees of Concurrent Computer Corporation (the "Company") pursuant to the Company's 2001 Stock Option Plan. The number of performance based restricted shares granted are as follows: T. Gary Trimm, 63,047 shares; Warren Neuburger, 29,182 shares; Steven K. Necessary, 30,803 shares; Steven R. Norton, 27,020 shares; Kirk L. Somers, 14,771 shares; and Gregory S. Wilson, 5,629 shares. The shares will vest when and if the Company accomplishes yearly revenue and net operating income goals set by the Compensation Committee on the date of the grant. The shares are returned to the Company if the individual is not employed by the Company if and when the performance goals are achieved. If the performance criteria are not met within any one year, they can be made up in the next fiscal year if the sum of the actual results for the two year period exceeds the sum of the performance criteria for that two year period. * Indicates individuals no longer employed by the Company. ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS. (c) Exhibits THE FOLLOWING EXHIBIT IS FILED HEREWITH: EXHIBIT NO. DESCRIPTION - ----------- ----------- 10.1 - Summary of Performance Grants. -2- 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 hereunto duly authorized. Dated: March 3, 2005. CONCURRENT COMPUTER CORPORATION (Registrant) By: /s/ Greg Wilson -------------------------------- Greg Wilson Chief Financial Officer -3- EXHIBIT INDEX EXHIBIT NUMBER AND DESCRIPTION - ------------------------------ 10.1 Summary of Performance Grants. -4- EX-10.1 2 ex10_1.txt EXHIBIT 10.1 EXHIBIT 10.1 Summary of Performance Grants The following executive officers of Concurrent Computer Corporation (the "Company") were granted the stated number of performance based restricted shares of Company stock on October 25, 2004 by the Compensation Committee of the Board of Directors:
Employee Shares - -------- ------ T. Gary Trimm 63,047 Warren Neuburger 29,182 Steven K. Necessary* 30,803 Steven R. Norton* 27,020 Kirk L. Somers 14,771 Gregory S. Wilson 5,629 *Individual is no longer with the Company
The shares granted will vest upon achievement of yearly revenue and net operating income goals set by the Compensation Committee at the time of the grant. If the performance criteria are not met within any one year, they can be made up in the next fiscal year if the sum of the actual results for the two year period exceeds the sum of the performance criteria for that two year period. The performance based restricted shares were granted pursuant to the terms of the Company's 2001 Stock Option Plan filed as Exhibit A to the Company's Proxy Statement dated September 7, 2004. The grants and the specific performance criteria are described in memoranda to the executive officers named above dated October 27, 2004. Messrs. Necessary and Norton forfeited their shares when their employment with the Company ended. -----END PRIVACY-ENHANCED MESSAGE-----