-----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, OtEtCKeyK1ml+Pc2GFkR3DN5mFfWI+A42/PZP9NA1qh2L3X/zViSBTrafHYnEjFX JXGwpqyO4HdTLPDVZkX0zA== 0000950135-05-006167.txt : 20051102 0000950135-05-006167.hdr.sgml : 20051102 20051102165242 ACCESSION NUMBER: 0000950135-05-006167 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051028 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20051102 DATE AS OF CHANGE: 20051102 FILER: COMPANY DATA: COMPANY CONFORMED NAME: COGNEX CORP CENTRAL INDEX KEY: 0000851205 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INSTRUMENTS FOR MEASUREMENT, DISPLAY, AND CONTROL [3823] IRS NUMBER: 042713778 STATE OF INCORPORATION: MA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-17869 FILM NUMBER: 051173852 BUSINESS ADDRESS: STREET 1: ONE VISION DR CITY: NATICK STATE: MA ZIP: 01760 BUSINESS PHONE: 5086503000 MAIL ADDRESS: STREET 1: ONE VISION DRIVE CITY: NATICK STATE: MA ZIP: 01760 8-K 1 b57685cce8vk.htm COGNEX CORPORATION FORM 8-K e8vk
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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 28, 2005
Cognex Corporation
 
(Exact Name of Registrant as Specified in Its Charter)
Massachusetts
 
(State or Other Jurisdiction of Incorporation)
     
000-17869   04-2713778
 
(Commission File Number)   (IRS Employer Identification No.)
     
One Vision Drive, Natick, Massachusetts   01760-2059
 
(Address of Principal Executive Offices)   (Zip Code)
(508) 650-3000
 
(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 (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 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
On October 28, 2005, the Compensation Committee of the Board of Directors of Cognex Corporation (the “Company”) approved the Company’s annual bonus program, in which selected employees, including the Company’s executive officers, participate (the “2005 Program”). Each participant in the 2005 Program has been assigned a target annual cash bonus. Participants may earn their bonuses based on the achievement of certain financial goals set forth in the Company’s annual budget related to the Company’s operating income as a percentage of revenue. Under the 2005 Program, the target bonus for Robert J. Shillman, the Chief Executive Officer of the Company, is $210,000, with the opportunity to earn 0-300% of this amount based on the achievement of the Company’s financial goals; the target bonus for James F. Hoffmaster, the President and Chief Operating Officer of the Company, is $175,000, with the opportunity to earn 0-250% of this amount based on the achievement of the Company’s financial goals; and the target bonus for Richard A. Morin, Senior Vice President and Chief Financial Officer of the Company, is $92,000, with the opportunity to earn 0-200% of this amount based on the achievement of the Company’s financial goals.

 

 

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 thereunto duly authorized.
         
  COGNEX CORPORATION
 		  
Dated: November 2, 2005  By:   /s/ Richard A. Morin    
    Richard A. Morin   
    Senior Vice President and Chief Financial Officer   
 

 

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