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CAMP > SEC Filings for CAMP > Form 8-K on 22-Aug-2014All Recent SEC Filings

Show all filings for CALAMP CORP.

Form 8-K for CALAMP CORP.


22-Aug-2014

Other Events


Item 8.01 Other Events.

On August 21, 2014, Richard Vitelle, Executive Vice President and Chief Financial Officer of CalAmp Corp. ("CalAmp"), adopted a pre-arranged stock trading plan to sell up to 60,000 shares of CalAmp common stock, consisting of shares underlying unexercised stock options and vested shares of restricted stock awards. Mr. Vitelle's trading plan is scheduled to terminate in February 2015.

Also on August 21, 2014, Garo Sarkissian, CalAmp's Vice President of Corporate Development, adopted a pre-arranged stock trading plan to sell up to 20,000 shares of CalAmp common stock, consisting of shares underlying unexercised stock options. Mr. Sarkissian's trading plan is scheduled to terminate in April 2015.

Transactions under these two trading plans will be disclosed in Form 144 and Form 4 filings with the Securities and Exchange Commission. These trading plans were 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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