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RSYS > SEC Filings for RSYS > Form 8-K on 25-Feb-2014All Recent SEC Filings

Show all filings for RADISYS CORP



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 February 20, 2014, the Compensation and Development Committee ("the Committee") of the Board of Directors of Radisys Corporation (the "Company") adopted a standing policy with respect to outstanding awards granted to the Board of Directors under the 2007 Stock Plan. Under the standing policy, pursuant to Section 16(c)(iii) of the 2007 Stock Plan, in the event of a Transaction (as defined in the the 2007 Stock Plan) that results in a change in control of the Company, all time-based vesting conditions shall be accelerated immediately prior to the effective time of such a Transaction without any further action by the Committee or the Board of Directors.

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