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): April 2, 2007
SYMMETRICOM, INC.
(Exact name of registrant as specified in its charter)
Delaware |
| 000-02287 |
| 95-1906306 |
(State or other jurisdiction |
| (Commission File Number) |
| (I.R.S. Employer |
of Incorporation) |
|
|
| Identification Number) |
2300 Orchard Parkway, San Jose, California 95131-1017
(Address of principal executive offices, including zip code)
(408) 433-0910
(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))
Item 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On April 2, 2007, Symmetricom, Inc.’s Board of Directors appointed Jim Chiddix to the Board of Directors.
Mr. Chiddix served as Chief Executive Officer and Chairman of OpenTV, a digital and interactive television solutions company, between 2004 and March 2007, and continues to serve on its board of directors. Prior to OpenTV, Mr. Chiddix served as President of Mystro TV, a division of Time Warner Inc., and as Senior Vice President, Engineering and Chief Technical Officer of Time Warner Cable.
Symmetricom, Inc. currently expects that Mr. Chiddix will be named as a member of the Compensation Committee of the Board of Directors.
Item 7.01 REGULATION FD DISCLOSURE
On April 5, 2007, Symmetricom, Inc. issued a press release announcing the appointment of Jim Chiddix to the Board of Directors. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated into this Item 7.01 by reference. Such information shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, and is not incorporated by reference into any filing of the company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.
Item 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits:
Exhibit |
| Description |
99.1 |
| Press Release dated April 5, 2007. |
SIGNATURES
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 hereunto duly authorized.
Date: April 5, 2007 | By: | /s/ William Slater |
|
| William Slater |
|
| Chief Financial Officer and Secretary |