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): October 29, 2014
RIGHTSIDE GROUP, LTD.
(Exact name of Registrant as specified in its charter)
Delaware | | 001-36262 | | 32-0415537 |
(State or other jurisdiction
of incorporation) | | (Commission File No.) | | (I.R.S. Employer
Identification No.) |
5808 Lake Washington Blvd. NE, Suite 300 Kirkland, Washington | | 98033 |
(Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (425) 298-2500
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:
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.
The compensation committee of the board of directors of Rightside Group, Ltd. (the “Company”), in consultation with the Company’s independent compensation consultant, Compensia, Inc., reviewed the compensation of the Company’s management, including its named executive officers, in comparison to peer companies.
Following such review, the compensation committee approved adjustments to the compensation of certain members of management, including Wayne M. MacLaurin and Rick Danis. The compensation committee approved the following grant of restricted stock units pursuant to the Rightside 2014 Equity Incentive Award Plan. The restricted stock units granted to each person vest in 16 substantially equal installments on each three month anniversary of the grant date.
Name and Principal Position | | Restricted Stock Units (#) | | Grant Date |
Wayne M. MacLaurin
Chief Technology Officer | | 33,440 | | 10/29/14 |
Rick Danis
General Counsel | | 10,684 | | 10/29/14 |
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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.
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Date: November 4, 2014 | RIGHTSIDE GROUP, LTD. |
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| By: | /s/ Taryn J. Naidu |
| | Taryn J. Naidu |
| | Chief Executive Officer |
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