Manhattan Associates 8-K 2013
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Pursuant to Section 13 or 15(d) of
the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 8, 2013
MANHATTAN ASSOCIATES, INC.
(Exact Name of Registrant as Specified in Its Charter)
2300 Windy Ridge Parkway, Tenth Floor, Atlanta, Georgia
(Address of Principal Executive Offices)
(Registrants telephone number, including area code)
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
As previously reported, on December 31, 2012, Mr. Peter F. Sinisgalli stepped down from the role of Chief Executive Officer of Manhattan Associates, Inc. (the Company) and became a non-employee member of the Board of Directors. On March 8, 2013, the Board of Directors, upon the recommendation of the Compensation Committee in recognition of Mr. Sinisgallis successful tenure as Chief Executive Officer and the superior performance of the Company under his leadership, approved the vesting of a portion of the equity incentives granted to him during his employment as Chief Executive Officer that were scheduled to vest during the first quarter of 2013. These previously granted incentives include options to acquire 3,750 shares at an exercise price of $15.53 per share and 10,597 shares of restricted stock and restricted stock units. The Boards action preserved 22% of Mr. Sinisgallis non-vested employee equity value in recognition of his services and contribution, with the remaining 78% forfeited.
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.
Dated: March 13, 2013