Srs Labs Inc - Current report filing (8-K)
January 08 2008 - 6:02AM
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): January 2, 2008
SRS LABS, INC.
(Exact Name of registrant as specified in its charter)
Delaware
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0-21123
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33-0714264
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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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2909 Daimler Street
Santa Ana, California
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92705
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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:
(949) 442-1070
Not Applicable
(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:
¨
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)
Compensatory
Arrangements of Certain Officers.
On January 2, 2008, the Compensation Committee
(the Compensation Committee) of the Board of Directors of SRS Labs, Inc.
(the Company) ratified and approved the 2008 annual base salaries of certain
of the Companys executive officers as more fully described below.
2008
Annual Base Salaries
The Compensation
Committee ratified and approved the fiscal year 2008 annual base salaries for
certain of the Companys executive officers. The fiscal year 2008 annual base
salaries were made effective on the dates specified below as follows:
Executive Officer
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Title
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New Base Compensation
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Effective Date
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Alan Kraemer
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Executive Vice
President,
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$
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298,668
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1/1/08
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Chief Technology
Officer
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Ulrich Gottschling
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Chief Financial
Officer, Treasurer
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$
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240,750
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1/1/08
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And Secretary
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Sarah Yang
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Vice President,
Software
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$
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243,639
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1/1/08
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Engineering
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SIGNATURES
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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SRS LABS, INC.,
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a Delaware corporation
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Date: January 7, 2008
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By:
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/S/ Thomas C.K. Yuen
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Thomas
C.K. Yuen
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Chairman and Chief Executive
Officer
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