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):
February 12, 2007
Concurrent Computer Corporation
-------------------------------
(Exact Name of Registrant as Specified in its Charter)
Delaware 0-13150 04-2735766
-------- ------- ----------
(State or Other (Commission (IRS Employer
Jurisdiction File Number) Identification Number)
of Incorporation)
4375 River Green Parkway, Suite 100, Duluth, Georgia 30096
---------------------------------------------------- -----
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (678) 258-4000
--------------
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:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] 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 February 12, 2007, the Board of Directors (the "Board") of Concurrent
Computer Corporation (the "Company") approved the promotion of Kirk L. Somers,
the Company's Vice President, Investor Relations, General Counsel and Secretary,
to Executive Vice President, effective February 5, 2007. As part of this
promotion, Mr. Somers will continue his current duties and will take on
operating responsibilities for the Company's international subsidiaries and a
larger role in strategic initiatives. With this promotion, the Compensation
Committee of the Board has approved an increase of Mr. Somers' annual salary
from $227,000 to $250,000, effective February 5, 2007. Mr. Somers remains a
participant in the Company's annual incentive plan for the fiscal year 2007 and
in addition may receive bonuses totaling $100,000 for the achievement of
specific performance objectives.
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.
CONCURRENT COMPUTER CORPORATION
Date: February 14, 2007 By: /s/ Kirk L. Somers
-----------------------------------
Kirk L. Somers
General Counsel