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LEAP > SEC Filings for LEAP > Form 8-K on 15-May-2013All Recent SEC Filings

Show all filings for LEAP WIRELESS INTERNATIONAL INC | Request a Trial to NEW EDGAR Online Pro



Change in Directors or Principal Officers, Financial Statements a

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

On May 10, 2013, the Board of Directors of Leap Wireless International, Inc. (the "Company") approved a third amendment (the "Third Amendment") to the 2009 Employment Inducement Equity Incentive Plan of Leap Wireless International, Inc. (the "Inducement Plan"). The Inducement Plan permits the Company to issue equity awards (consisting of stock options, restricted stock and deferred stock units, or any combination thereof) to new employees of the Company or one of its subsidiaries (or following a bona fide period of non-employment) in connection with that employee's commencement of employment if such grant is an inducement material to that employee's entering into employment with the Company or one of its subsidiaries. The Third Amendment adds 300,000 shares to the aggregate number of shares of the Company's common stock authorized for awards under the Inducement Plan, bringing such aggregate number of authorized shares to 1,075,000. The Inducement Plan is described in further detail in the Company's Definitive Proxy Statement dated May 2, 2013, as filed with the Securities and Exchange Commission on April 30, 2013.

Item 9.01 Financial Statements and Exhibits.

  No.                                     Description

10.1         Third Amendment to 2009 Employment Inducement Equity Incentive Plan of
             Leap Wireless International, Inc. (incorporated by reference to
             Exhibit 10.4 to Leap's Registration Statement on Form S-8, filed with
             the SEC on May 15, 2013).

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