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)

MAY 2, 2005
Commission File Number: 000-18053

LASERSCOPE

(Exact name of Registrant as specified in its charter)

CALIFORNIA	77-0049527
(State or other jurisdiction of	(I.R.S. Employer Identification No.)
Incorporation or organization)

3070 ORCHARD DRIVE
SAN JOSE, CA 95134-2011
(Address of principal executive offices)

(408) 943-0636
(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))

TABLE OF CONTENTS

	Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.
	Item 9.01 Financial Statements and Exhibits
SIGNATURE
EXHIBIT 99.1

Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers.

(c) On May 2, 2005, Laserscope, a California corporation (the “Company”) issued a press release to announce that Derek Bertocci, age 51, will join Laserscope, as Vice President of Finance and Chief Financial Officer, effective approximately June 1, 2005. Mr. Bertocci will serve as the Company’s principal financial and accounting officer and be responsible for management of the Company’s information technology infrastructure. Mr. Bertocci has served as the Chief Financial Officer of VISX since 2004, and prior to becoming Chief Financial Officer, he held the positions of Vice President, Controller at VISX since 1995. Prior to joining VISX in 1995, Mr. Bertocci served as Controller for Time Warner Interactive.

Mr. Bertocci’s employment will be at-will, meaning that his employment may be terminated at any time by either the Company or Mr. Bertocci. Mr. Bertocci will receive a base salary of $245,000 per year. He will be eligible for an annual bonus ranging from 0% to 100% of base salary pursuant to the Company’s 2005 Executive Staff Compensation and Bonus Plan. Mr. Bertocci will receive a stock option for 50,000 shares of the Company’s common stock, which will vest over four years. In addition, as an executive officer of the Company, Mr. Bertocci will enter into the Company’s standard Management Continuity Agreement, which provides in the event of a change in control of the Company for employment or salary continuation and acceleration of vesting on all outstanding stock options.

Dennis LaLumandiere will continue to serve as Vice President of Finance and Chief Financial Officer until Mr. Bertocci joins the Company in June, at which time Mr. LaLumandiere will be appointed to the newly-created position of Vice President, Human Resources and Organizational Development.

Item 9.01 Financial Statements and Exhibits

(c) Exhibits

99.1   Press Release of Laserscope dated May 2, 2005.

SIGNATURE

     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 thereunto duly authorized.

	LASERSCOPE (Registrant)
Date: May 2, 2005	By:	/s/ Peter Hadrovic
		Peter Hadrovic Vice President, Legal Affairs and General Counsel

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press release dated May 2, 2005

EX-99.1

EXHIBIT 99.1

	FOR IMMEDIATE RELEASE
At Laserscope:	At Financial Relations Board:
Eric Reuter, President & CEO	Tricia Ross, Analyst/Investor Contact
Dennis LaLumandiere, CFO	(617) 520-7064
(408) 943-0636	Laurie Berman, General Information
	(310) 854-8315

LASERSCOPE APPOINTS DEREK BERTOCCI VICE PRESIDENT, FINANCE AND CFO
Dennis LaLumandiere Appointed Laserscope’s Vice President, Human Resources and Organizational
Development

SAN JOSE, Calif. (May 2, 2005) — Laserscope (Nasdaq: LSCP), a pioneer in the development and commercialization of medical lasers and advanced fiber-optic devices, today announced that Derek Bertocci will join Laserscope as Vice President, Finance and Chief Financial Officer effective approximately June 1, 2005. Mr. Bertocci will replace Dennis LaLumandiere, Laserscope’s current CFO, and will manage all financial functions, including investor relations and information technology. Mr. LaLumandiere will remain on at the Company as interim CFO until Mr. Bertocci’s arrival in June. Mr. LaLumandiere will then be appointed to the newly created position of Vice President, Human Resources and Organizational Development where he will manage Human Resources and certain other organizational development activities.

Mr. Bertocci will join Laserscope from VISX (NYSE:EYE), the worldwide leader in laser vision correction, where he has been CFO since 2004. VISX is being acquired by Advanced Medical Optics. Prior to being appointed CFO of VISX, Mr. Bertocci served as the Company’s Vice President, Controller since 1995. Prior to joining VISX, Mr. Bertocci served as Controller for Time Warner Interactive.

“We are very fortunate and excited to have Derek join our team,” said Eric Reuter, President and Chief Executive Officer of Laserscope. “Derek has a strong background and reputation at a world-class company. During their long and successful history, VISX had a similar business model as Laserscope’s, and faced similar infrastructure, investor relations and operational challenges stemming from a period of tremendous growth. Additionally, Derek, along with Peter Hadrovic, Dennis LaLumandiere and I, will round out and complement our business development team as we work to grow the Company organically and investigate new technology, partnerships and other strategic relationships to further our growth.”

“I am excited to join Laserscope,” commented Mr. Bertocci. “The Company has exceptional prospects and I will be working with a truly outstanding team. I expect to draw on my experience to help the Company continue to grow and prosper, and I am eager for the exciting challenges that lie ahead.”

“I would also like to warmly and sincerely thank Dennis for his many years of hard work, loyalty, integrity and dedication to the Company as our CFO.” continued Mr. Reuter. “Dennis has been a consummate partner to me, and as a long-standing Laserscope employee and senior executive, Dennis’s knowledge of our business, our employees, our investors and our culture will be an immense benefit to the Company in his new role going forward.”

“I believe Derek will be a great addition to our organization, and I look forward to working with him,” said Mr. LaLumandiere. “I’m also thrilled about my role with Laserscope, and look forward to facing the organizational opportunities and challenges presented by our rapid growth as the management team works together to take Laserscope to an even higher level of success.”

About Laserscope
Laserscope designs, manufactures, sells and services on a worldwide basis an advanced line of medical laser systems and related energy delivery devices for the office, outpatient surgical center, and hospital markets. More information about Laserscope can be found on the Company’s web site at www.laserscope.com.

Except for historical information presented, the matters discussed in this announcement may contain forward-looking statements that are subject to certain risks and uncertainties that could cause actual results to differ materially from those projected. These risks are detailed from time to time in the Company’s public disclosure filings with the U.S. Securities and Exchange Commission (SEC). Copies of Laserscope’s public disclosure filings with the SEC, including the most recent Annual Report on Form10-K and the most recent forms 10-Q are available upon request from its Investor Relations Department, at the Company’s web site at www.laserscope.com or at the SEC’s website at www.sec.gov.