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SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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): February 11, 2002
COMPUTER NETWORK TECHNOLOGY CORPORATION
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(Exact Name of Registrant as Specified in Charter)
Minnesota 0-139944 41-1356476
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(State or Other Jurisdiction (Commission (I.R.S. Employer
of Incorporation) File Number) Identification No.)
6000 Nathan Lane North, Minneapolis, MN 55442
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (763) 268-6000
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS.
Press Release Regarding Fourth Quarter Results
On February 11, 2002, Computer Network Technology Corporation issued a
press release announcing its fourth quarter results.
A copy of the press release is filed as Exhibit 99.1 and incorporated by
reference.
Press Release Announcing Convertible Note Offering
On February 11, 2002, Computer Network Technology Corporation issued a
press release announcing that it intends to raise, subject to market and other
conditions, a total of $125 million through a private offering of convertible
subordinated notes (which amount does not give effect to an option granted to
the initial purchasers to acquire an additional $25 million in principal amount
of the notes). The securities to be offered will not be registered under the
Securities Act of 1933, as amended, or applicable state securities laws and are
being offered by the initial purchasers only to qualified institutional buyers
in accordance with Rule 144A under the Securities Act. Unless so registered, the
notes and any common stock issued upon conversion of the notes may not be
offered or sold in the United States except pursuant to an exemption from, or in
a transaction not subject to, the registration requirements of the Securities
Act and applicable state securities laws.
A copy of the press release is filed as Exhibit 99.2 and incorporated by
reference.
ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION AND EXHIBITS.
99.1 Press Release of Computer Network Technology Corporation regarding
fourth quarter results, dated February 11, 2002.
99.2 Press Release of Computer Network Technology Corporation
announcing private offering of $125 million of its convertible subordinated
notes, dated February 11, 2002.
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.
Date: February 11, 2002 COMPUTER NETWORK
TECHNOLOGY CORPORATION
By /s/ Gregory T. Barnum
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Gregory T. Barnum
Chief Financial Officer
EXHIBIT INDEX
EXHIBIT DESCRIPTION OF EXHIBIT PAGE NUMBER
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99.1 Press Release of Computer Network Technology Corporation regarding
Fourth Quarter Results, dated February 11, 2002.
99.2 Press Release of Computer Network Technology Corporation announcing
private offering of $125 million of its Convertible Subordinated
Notes due 2007, dated February 11, 2002.