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Quotes & Info
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| JIVE > SEC Filings for JIVE > Form 8-K on 26-Dec-2012 | All Recent SEC Filings |
26-Dec-2012
Change in Directors or Principal 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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