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CALL > SEC Filings for CALL > Form 8-K on 25-Jan-2017All Recent SEC Filings

Show all filings for MAGICJACK VOCALTEC LTD



Other Events, Financial Statements and Exhibits

Item 8.01. Other Events

On January 24, 2017, magicJack Vocaltec Ltd. (the "Company") issued a press release providing an update on its SMB business unit. In connection with the new direction of the SMB business unit, Keith Reed, General Manager and Senior Vice President of Enterprise, will depart the Company effective February 3, 2017. Under the terms of the Executive Employment Agreement that the Company entered into with Mr. Reed, effective as of December 1, 2015, Mr. Reed will not receive any severance payment or accelerated vesting of his options as a result of his departure from the Company. A copy of the press release is attached hereto as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated herein by reference.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.   Description

   99.1       Press Release dated January 24, 2017.

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