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CAMP > SEC Filings for CAMP > Form 8-K on 9-Jul-2013All Recent SEC Filings

Show all filings for CALAMP CORP.

Form 8-K for CALAMP CORP.


Other Events

Item 8.01 Other Events.

On July 2, 2013, Michael Burdiek, President, Chief Executive Officer and a director of CalAmp Corp. ("CalAmp"), adopted a pre-arranged stock trading plan (the "Plan") to exercise CalAmp stock options granted on various dates from 2006 to 2008 and to sell the shares acquired upon exercise of the options. Under the Plan, Mr. Burdiek may sell up to 75,000 shares. The Plan is scheduled to terminate in September 2014.

Transactions under the Plan will be disclosed in Form 144 and Form 4 filings with the Securities and Exchange Commission. The Plan was adopted in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

Rule 10b5-1 permits individuals who are not in possession of material, non-public information at the time the plan is adopted to establish pre-arranged plans to buy or sell company stock. Using these plans, individuals can prudently and gradually diversify their investment portfolio over an extended period of time.

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