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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): February 16, 2006
SanDisk Corporation
(Exact name of registrant as specified in its charter)
Delaware (State or other jurisdiction of incorporation) | 000-26734 (Commission File No.) | 77-0191793 (I.R.S. Employer Identification Number |
140 Caspian Court, Sunnyvale, California 94089
(Address of principal executive offices) (Zip Code)
Registrant’s telephone number, including area code: (408) 542-0500
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 provision (seeGeneral 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)) |
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Item 1.01. Entry into a Material Definitive Agreement | ||||||||
SIGNATURES |
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Item 1.01. Entry into a Material Definitive Agreement
On February 16, 2006, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of SanDisk Corporation (the “Company”) approved the following 2006 annual base salaries and 2005 bonuses for the Company’s executive officers:
Name of Officer | Title | 2006 Annual | 2005 Bonus | |||||||
Base Salary | ||||||||||
Dr. Eli Harari | President and Chief Executive Officer | $ | 800,000 | $ | 1,740,000 | |||||
Sanjay Mehrotra | Chief Operating Officer and Executive Vice President | $ | 475,027 | $ | 858,235 | |||||
Judy Bruner | Executive Vice President, Administration and Chief Financial Officer | $ | 401,359 | $ | 653,249 | |||||
Nelson Chan | Executive Vice President of Consumer Products Business and Corporate Marketing | $ | 401,364 | $ | 600,000 | |||||
Yoram Cedar | Executive Vice President of Handset Business and Corporate Engineering | $ | 363,600 | $ | 500,000 | |||||
Dr. Randhir Thakur | Executive Vice President of Technology and Worldwide Operations | $ | 363,606 | $ | 125,000 |
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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.
Date: February 23, 2006
SANDISK CORPORATION (Registrant) | |||||
By: | /s/ Judy Bruner | ||||
Name: | Judy Bruner | ||||
Title: | Executive Vice President and Chief Financial Officer (Principal Financial and Accounting Officer) | ||||