-----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, GTcERvAnR1I9eEG0VWeh8vIaIG+zRC2hR1pjnIcFHCGmi/IPF7Ug7G75rNoFbjzV 0Y5zq53/EqH+Y+JVF/FSPw== 0001140361-07-005362.txt : 20070309 0001140361-07-005362.hdr.sgml : 20070309 20070309102220 ACCESSION NUMBER: 0001140361-07-005362 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070308 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070309 DATE AS OF CHANGE: 20070309 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: 07682813 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 form8-k.txt CONCURRENT COMPUTER CORP 8-K 3-8-2007 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 8, 2007 Concurrent Computer Corporation ------------------------------- (Exact Name of Registrant as Specified in its Charter) Delaware 0-13150 04-2735766 ---------- ---------- ------------ (State or Other (Commission (IRS Employer Jurisdiction File Number) Identification Number) of Incorporation) 4375 River Green Parkway, Suite 100, Duluth, Georgia 30096 ---------------------------------------------------- ----- (Address of Principal Executive Offices) (Zip Code) 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 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS On March 8, 2007, the Board of Directors (the "Board") of Concurrent Computer Corporation (the "Company") approved the hiring of Emory O. Berry, 41, of TechCFO LLC, a financial management staffing firm ("TechCFO"), as the Company's Chief Financial Officer, effective March 9, 2007. As a partner of TechCFO, Mr. Berry has provided financial leadership and advisory services to Concurrent Computer Corporation on a contract basis for the past four weeks, since the resignation of Concurrent's previous Chief Financial Officer. Mr. Berry will remain a partner with TechCFO, but with this appointment as Chief Financial Officer, he will now assume the responsibilities of Concurrent's principal financial and accounting officer. The Compensation Committee of the Board has approved a monthly fee of $30,000 payable to TechCFO and granted Mr. Berry 100,000 options at the grant date closing price of $1.52 per share with a four year vesting period. In addition, if the agreement is terminated without cause within twelve months, or between twelve and twenty-four months, TechCFO will be paid a fee of $180,000, or $90,000, respectively. If the agreement is terminated without cause after two years, no termination fee will be paid. The Company anticipates filing the Employment Agreement with additional details, upon completion. Mr. Berry has been a partner at TechCFO since August 2006. Beginning in August 1999, Mr. Berry served as the Chief Financial Officer of DVT Corporation, until its acquisition in May 2005 by Cognex Corporation, a publicly traded provider of machine vision systems. From May 2005 through January 2007, Mr. Berry assisted Cognex with the financial and operational integration of DVT as a consultant. From June 1998 through March 1999, Mr. Berry served as Chief Financial Officer and Treasurer of Firearms Training Systems, formally, a publicly traded company specializing in simulated weapons training systems. Mr. Berry also served as the Director of Corporate Accounting of Firearms Training Systems from March 1997 through June 1998. Prior to joining Firearms Training Systems, Mr. Berry worked as a financial consultant and also held various corporate controller and financial reporting positions in public and private companies. Mr. Berry began his career as an accountant at Ernst & Young. 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. CONCURRENT COMPUTER CORPORATION Date: March 9, 2007 By: /s/ Kirk L. Somers --------------------------------------- Kirk L. Somers General Counsel -----END PRIVACY-ENHANCED MESSAGE-----