8-K 1 a08-17552_18k.htm 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): June 26, 2008

 

 

SYMMETRICOM, INC.

(Exact name of registrant as specified in its charter)

 

Delaware

 

000-02287

 

95-1906306

(State or other jurisdiction

 

(Commission File Number)

 

(I.R.S. Employer

of Incorporation)

 

 

 

Identification Number)

 

2300 Orchard Parkway, San Jose, California 95131-1017

(Address of principal executive offices, including zip code)

 

(408) 433-0910

(Registrant’s telephone number, including area code)

 

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 (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))

 

 


 

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

 

(b)          Resignation of Principal Financial Officer

 

William Slater, Chief Financial Officer of Symmetricom, Inc., informed us on June 26, 2008 of his intention to resign.  Mr. Slater is expected to remain Chief Financial Officer while a search is conducted to find his replacement.

 

In connection with Mr. Slater’s departure he will receive his base salary for 12 months, his target annual bonus, and health benefits for Mr. Slater and his dependents for up to 12 months.

 

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SIGNATURES

 

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

Date: June 27, 2008

By:

/s/ Thomas W. Steipp

 

 

Thomas W. Steipp

 

 

Chief Executive Officer

 

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