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| CRAY > SEC Filings for CRAY > Form 8-K on 19-Nov-2008 | All Recent SEC Filings |
19-Nov-2008
Regulation FD Disclosure
As reported on a Current Report on Form 8-K filed on June 6, 2008, certain of our executive officers entered into Rule 10b5-1 plans for pre-arranged sales of our Common Stock. The sales covered by these plans were to generate sufficient cash to cover applicable federal and state income tax withholding obligations arising out of the vesting of shares of restricted stock previously granted to these executive officers.
In particular, our June 6, 2008, report described planned sales of shares of our Common Stock by:
Peter J. Ungaro, President and Chief Executive Officer - 12,600 shares
Brian C. Henry, Executive Vice President and Chief Financial Officer - 7,000 shares
Steven L. Scott, Senior Vice President and Chief Technology Officer - 5,000 shares, and
Kenneth D. Roselli, Corporate Controller - 900 shares
Messrs: Ungaro, Henry, Scott and Roselli each cancelled their respective 10b5-1 plans and did not sell any shares of our Common Stock.
The information in Item 7.01 of this Form 8-K is furnished and shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), nor shall such information be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.
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