Divx Inc - Current report filing (8-K)
October 05 2007 - 4:14PM
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 1, 2007
DivX, Inc.
(Exact name of registrant as specified in its charter)
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Delaware
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001-33029
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33-0921758
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(I.R.S. Employer
Identification No.)
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4780 Eastgate Mall
San Diego, California
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92121
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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: (858) 882-0600
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:
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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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(a) On October 1, 2007, R. Jordan Greenhall resigned as an employee of DivX, Inc. Mr. Greenhall will continue to serve as a member of our Board of Directors.
(b) On October 2, 2007, our Board of Directors amended our 2007 Executive Cash Bonus Plan (the Plan) to decrease certain milestones that
must be achieved by us in order to trigger the payment of bonuses pursuant to the Plan. The amended milestones will be effective for each of the third and fourth quarters of 2007, and for fiscal 2007.
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, thereunto duly authorized.
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DIVX, INC.
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Dated: October 5, 2007
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By:
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/s/ Dan L. Halvorson
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Name:
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Dan L. Halvorson
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Title:
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Executive Vice President and Chief Financial Officer
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