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PCYC > SEC Filings for PCYC > Form 8-K on 30-Oct-2012All Recent SEC Filings

Show all filings for PHARMACYCLICS INC

Form 8-K for PHARMACYCLICS INC


30-Oct-2012

Change in Directors or Principal Officers


Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

Joshua T. Brumm

On October 25, 2012, Pharmacyclics, Inc. (the "Company") appointed Joshua T. Brumm, 34, its Executive Vice President of Finance as the Company's Principal Financial Officer and Principal Accounting Officer.

For information with respect to Mr. Brumm's business experience and compensation, please see the Company's Current Report on Form 8-K filed with the Securities and Exchange Commission on August 15, 2012.

Corporate Bonus Plan

On October 25, 2012, the Company adopted a 2013 corporate cash bonus plan applicable to all employees of the Company, including its named and other executive officers, other than the Company's Principal Executive Officer. The amount to be paid pursuant to the corporate cash bonus plan to an employee is a percentage of such employee's salary ranging from 10% to 50% as determined by their executive level and whether corporate, department and personal goals are met, with a portion to be paid for 2013 and a portion to be paid in future periods upon the satisfaction of specified goals.


Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this Current Report on Form 8-K to be signed on its behalf by the undersigned hereunto duly authorized.

October 29, 2012

PHARMACYCLICS, INC.

By: /s/ Joshua T. Brumm
Name: Joshua T. Brumm
Title: Executive Vice President, Finance


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