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JIVE > SEC Filings for JIVE > Form 8-K on 26-Dec-2012All Recent SEC Filings

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Form 8-K for JIVE SOFTWARE, INC.


26-Dec-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.

On December 19, 2012, the Compensation Committee of the Board of Directors of Jive Software, Inc. approved the 2013 annual compensation for John McCracken, Senior Vice President of Worldwide Sales. Mr. McCracken's 2013 annual compensation described below will become effective on January 1, 2013.

For 2013, Mr. McCracken's annual base salary was increased by $50,000, to $275,000. Additionally, Mr. McCracken will have the opportunity to earn monthly commissions based on a sales commission plan (the "2013 Sales Commission Plan"). Mr. McCracken's target commission amount under the 2013 Sales Commission Plan is $375,000.


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