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): | August 21, 2014 |
Exact Name of Registrant as | |
Specified in Its Charter: | CALAMP CORP. |
DELAWARE | 0-12182 | 95-3647070 | ||
State or Other Jurisdiction of | Commission | I.R.S. Employer | ||
Incorporation or Organization | File Number | Identification No. |
Address of Principal Executive Offices: | 1401 N. Rice Avenue |
Oxnard, CA 93030 |
Registrant's Telephone Number, Including | |
Area Code: | (805) 987-9000 |
Former Name or Former Address, | |
if Changed Since Last Report: | Not applicable |
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 240.14.a-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 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. Vitelles trading plan is scheduled to terminate in February 2015.
Also on August 21, 2014, Garo Sarkissian, CalAmps 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. Sarkissians 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.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
CALAMP CORP. | |||||
August 22, 2014 | By: | /s/ Richard Vitelle | |||
Date | Richard Vitelle, | ||||
Executive Vice President & CFO | |||||
(Principal Financial Officer) |