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Volcano 8-K 2011

Documents found in this filing:

  1. 8-K
  2. 8-K
Form 8-K

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

 

 

FORM 8-K

 

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of

the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): March 21, 2011

 

 

VOLCANO CORPORATION

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   000-52045   33-0928885

(State or other jurisdiction of

incorporation or organization)

 

(Commission

File Number)

 

(I.R.S. Employer

Identification No.)

 

3661 Valley Centre Drive, Suite 200

San Diego, California

  92130
(Address of principal executive offices)   (Zip Code)

(800) 228-4728

(Registrant’s telephone number, including area code)

 

 

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:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e)

2011 Base Salaries

On March 21, 2011, the independent members of the Board of Directors (the “Board”) of Volcano Corporation (the “Company”) approved annual base salaries for certain of the Company’s “named executive officers” (as defined under applicable securities laws) for fiscal year 2011, effective January 1, 2011.

The following table sets forth the 2011 base salaries approved for certain named executive officers of the Company:

 

Named Executive Officer

  

Title

   2011 Base  Salary
($)
 

R. Scott Huennekens

   President and Chief Executive Officer    $ 550,000   

John T. Dahldorf

   Chief Financial Officer and Secretary      318,270   

David Sheehan

   President, IVUS and FM Business      318,270   

Michel E. Lussier

   Group President, Advanced Imaging Systems, Scientific Affairs, and EMEA      394,714   

2010 Cash Bonuses

On March 21, 2011, the independent members of the Board approved cash bonuses to be paid to certain named executive officers for performance in the year ended December 31, 2010.

The following table sets forth the cash bonuses granted to certain named executive officers on March 18, 2011:

 

Named Executive Officer

   2010 Bonus ($)  

R. Scott Huennekens

   $ 636,000   

John T. Dahldorf

     200,000   

David Sheehan

     185,400   

Michel E. Lussier

     91,972   


SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

VOLCANO CORPORATION
By:  

/s/ Darin Lippoldt

 

Darin Lippoldt

Senior Vice President and General Counsel

Dated: March 21, 2011

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