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): October 30, 2002
VIXEL CORPORATION
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
| | | |
000-27221
(Commission File No.) | | 84-1176506
(IRS Employer Identification No.) |
11911 North Creek Parkway South
Bothell, Washington 98011
(425) 806-5509
(Address of principal executive offices and zip code, and telephone number including area code)
TABLE OF CONTENTS
Item 5. Other Events.
On October 30, 2002, Vixel Corporation (the “Company”) announced it has adopted a stock repurchase program to purchase up to 2.0 million shares of its common stock. The repurchase program is expected to continue through the end of 2003. Repurchases are to be made at the discretion of management as market conditions warrant. The repurchases, if any, will be made from time to time on the open market or in negotiated transactions off the market and will be funded from available working capital.
A copy of the press release announcing the Company’s stock repurchase program is attached hereto as Exhibit 99.1.
Item 7. Financial Statements and Exhibits.
(c) Exhibits
| | | |
| Exhibit | | |
| Number | | Description |
| |
|
| 99.1 | | Press Release, dated as of October 30, 2002, entitled “Vixel Corporation Announces Stock Repurchase Program.” |
1.
SIGNATURE
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.
| | | |
| | VIXEL CORPORATION |
|
| Dated: October 30, 2002 | By: | /s/ Kurtis L. Adams |
| |
|
| | Kurtis L. Adams
Chief Financial Officer, Vice President of Finance, Treasurer
and Secretary |
2.
INDEX TO EXHIBITS
| | | |
| Exhibit | | |
| Number | | Description |
| |
|
| 99.1 | | Press Release, dated as of October 30, 2002 entitled “Vixel Corporation Announces Stock Repurchase Program.” |
