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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 4, 2005
PORTALPLAYER, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 000-51004 | 77-0513807 | ||
|
(State or Other Jurisdiction of Incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification Number) |
|
3255 Scott Boulevard, Bldg. 1 Santa Clara, California |
95054 | |
| (Address of principal executive offices) | (Zip Code) |
(408) 521-7000
(Registrants telephone number, including area code)
N/A
(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 obligations of the registrant under any of the following provisions (see General Instruction A.2. below):
| ¨ | 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 1.01. Entry into a Material Definitive Agreement
Effective January 4, 2005, the Registrants Board of Directors approved
2004 cash and in-kind bonus payments to executive officers in the following amounts set forth below opposite the name of such officer:
Officer
Gary Johnson
Svend-Olav Carlsen
Sanjeev Kumar
Michael Maia
Richard Miller
Scott Tandy
Cash Bonus Payment
$
135,400
$
64,911
$
135,540
$
68,480
$
43,625
$
55,198
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.
Dated: January 10, 2005
|
PORTALPLAYER, INC. |
||
|
By: |
/s/ Svend-Olav Carlsen |
|
|
Svend-Olav Carlsen |
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|
Vice President and Chief Financial Officer |
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