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Quotes & Info
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| ENVI > SEC Filings for ENVI > Form 8-K on 4-Dec-2012 | All Recent SEC Filings |
4-Dec-2012
Results of Operations and Financial Condition, Change in Directors or Principal Offic
On December 4, 2012, Envivio, Inc. (the "Company") issued a press release announcing its results for the third fiscal quarter ended October 31, 2012 and intends to present additional information during a related conference call to be held on December 4, 2012. The press release and conference call contain forward-looking statements regarding the Company and include cautionary statements identifying important factors that could cause actual results to differ materially from those anticipated. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
The information contained in this Item 2.02 and in the accompanying exhibit shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or incorporated by reference in any filing under the Exchange Act or the Securities Act of 1933, as amended (the "Securities Act"), except as shall be expressly set forth by specific reference in such filing.
On December 4, 2012, Envivio, Inc. (the "Company") announced the departure of Kevin O'Keefe as the Company's Chief Operating Officer, effective December 31, 2012 (the "Departure Date"). In connection with his departure, on November 28, 2012, the Company entered into a Separation Agreement with Mr. O'Keefe pursuant to which, following the Departure Date, Mr. O'Keefe will receive (i) his current monthly base salary of $17,118 for six months, (ii) reimbursement of up to six months of COBRA premiums, and (iii) acceleration of vesting of outstanding options for all options that would have vested within six month of the Departure Date. In exchange for the benefits set forth in the Separation Agreement, Mr. O'Keefe has agreed to sign a general release of claims. The foregoing description of the terms of the Separation Agreement is qualified in its entirety by reference to the Separation Agreement, a copy of which is included hereto as Exhibit 10.1 and incorporated herein
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
Exhibit
No. Description
10.1 Separation Agreement by and between Kevin O'Keefe and Envivio, Inc.
dated November 27, 2012.
99.1 Press release dated December 4, 2012.
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