- Current report filing (8-K)
02 November 2010 - 10:13PM
Edgar (US Regulatory)
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): October 28, 2010
OPNET Technologies, Inc.
(Exact Name of Registrant as Specified in Charter)
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Delaware
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000-30931
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52-1483235
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(State or Other Jurisdiction
of Incorporation
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(Commission
File Number)
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(IRS Employer
Identification No.)
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7255 Woodmont Avenue, Bethesda, Maryland
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20814
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(Address of Principal Executive Offices)
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(Zip Code)
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Registrants telephone number, including area code: (240) 497-3000
(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 (
see
General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
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Item 5.02
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Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
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(e)
On October 28, 2010, the compensation committee (the Committee) of the board of
directors of the registrant adopted the FY 2011 Executive Incentive Bonus Program (the Program) for the fiscal year ending March 31, 2011 (fiscal 2011). Each of the registrants Chief Executive Officer, President
and Chief Financial Officer is eligible to receive cash bonuses under the Program based on the achievement by the registrant of Committee-designated threshold levels of two specified objectives (total revenue and operating income) during each of the
first half of fiscal 2011 and full-year fiscal 2011. The cash bonus has two components, the first of which may be earned upon achievement of both objectives for the first half of fiscal 2011 and the second of which may be earned upon achievement of
both objectives for the full fiscal year, in each case calculated in accordance with formulas set forth in the Program.
The
Program is attached as Exhibit 10.1 hereto, and the description of the Program is qualified in its entirety by reference to the full text of the Program, which is incorporated herein by reference.
Item 9.01.
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Financial Statements and Exhibits
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Exhibit
No.
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Description
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10.1
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FY 2011 Executive Incentive Bonus Program.
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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.
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OPNET TECHNOLOGIES, INC.
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Date: November 2, 2010
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By:
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/S/ MEL F.
WESLEY
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Mel F. Wesley
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Vice President and Chief Financial Officer
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EXHIBIT INDEX
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Exhibit
No.
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Description
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10.1
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FY 2011 Executive Incentive Bonus Program.
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