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):
August 1, 2005
PRINTRONIX, INC.
(Exact name of issuer as specified in its charter)
DELAWARE 0-9321 95-2903992
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(State or other juris- (Commission (IRS Employer
diction of incorporation) File Number) Identification Number)
14600 Myford Road, P.O. Box 19559, Irvine, California 92623
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (714) 368-2300
Former name or former address, if changed since last report: Not Applicable
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):
[_] 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 Principal Officers; Election of Directors;
Appointment of Principal Officers.
James B. McWilson, age 48, has been promoted to Senior Vice President
of Sales for the Americas and Europe, the Middle East and Africa ("EMEA"),
effective July 30, 2005. Executive officers are appointed by, and hold office
at, the pleasure of the Board of Directors. Mr. McWilson receives an annual base
salary of $190,125 plus annual sales incentives of $83,571 if sales plan is met,
has 31,600 shares of restricted stock under the company's 1994 Stock Incentive
Plan (including 20,000 previously granted) and is eligible for an executive
bonus based upon achievement of quarterly company profitability targets. There
are no related party transactions between Mr. McWilson and Printronix, Inc.
Mr. McWilson joined Printronix in November 2002 as its Vice President of Sales,
Americas. From 2001 to 2002, Mr. McWilson was a consultant for Telispark, Inc.
providing sales training and sales consulting. From 2000 to 2001, Mr. McWilson
was Vice President of Sales and Marketing and a Corporate Officer for
Minolta-QMS. From 1992 to 2000, Mr. McWilson was Vice President of Sales and
Marketing and a Corporate Officer for Genicom, Inc. Mr. McWilson's experience
includes leading North and South American sales teams in a variety of direct and
indirect channel initiatives in both the impact and non-impact printer
marketplace.
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.
Dated: August 1, 2005 Printronix, Inc.
By: /s/ George L. Harwood
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George L. Harwood,
Senior Vice President,
Finance & IT, Chief
Financial Officer and
Secretary