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EX-99.1 - PRESS RELEASE - Silicon Graphics International Corpex9912011q4.htm
EX-99.2 - SUPPLEMENTAL PRESENTATION - Silicon Graphics International Corpex9922011q4.htm




UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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 15, 2011 
___________________________
Silicon Graphics International Corp.
(Exact name of registrant as specified in its charter)
 ___________________________
 
Delaware
 
000-51333
 
32-0047154
 
 
(State or other jurisdiction of incorporation)
 
(Commission File Number)
 
(I.R.S. Employer Identification No.)
 

 46600 Landing Parkway
Fremont, CA 94538
(Address of principal executive offices and zip code)
Registrant's telephone number, including area code: (510) 933-8300

 
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:
o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))







Item 2.02.    Results of Operations and Financial Condition.
On August 18, 2011, Silicon Graphics International Corp. (the “Company”) issued a press release announcing fourth quarter 2011 financial results. A copy of the press release and a supplemental presentation that will be used in connection with the Company's conference call on August 18, 2011 are attached as Exhibits 99.1 and 99.2, respectively, to this current report and is incorporated herein by reference.
The information in the report, including Exhibits 99.1 and 99.2 attached hereto, shall not be deemed to be “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that Section or Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended. The information contained herein and in the accompanying exhibit shall not be incorporated by reference into any filing with the U.S. Securities and Exchange Commission made by the Company, whether made before or after the date hereof, regardless of any general incorporation language in such filing.

Item 5.02.    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Compensation Arrangements with Named Executive Officers
On August 15, 2011 the Compensation Committee of the Board of Directors of the Company approved (i) increases in the base salaries of executive officers by between 5% and 35% (35% for the Company's CEO), effective October 1, 2011 and (ii) increases in the annual bonus percentages for executive officers of up to 10%, effective for the Company's fiscal year 2012, commencing June 25, 2011.  In addition, on August 15, 2011 the Compensation Committee approved a corporate bonus plan for fiscal year 2012 identical in all respects to the 2011 short term incentive plan previously disclosed in an Annual Report on Form 10-K filed by the Company on September 8, 2010, except that the Company's target bonus amounts will be based on GAAP revenue and gross margin for fiscal year 2012.
Item 9.01      Financial Statements and Exhibits.
 
Exhibit
Number
 
Description
99.1
  
Press Release dated August 18, 2011, Announcing Silicon Graphics International Corp.'s Fourth Quarter and Full Year 2011 Financial Results.
99.2
 
Supplemental Presentation used in connection with Silicon Graphics International Corp.'s conference call on August 18, 2011.







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.

 
Silicon Graphics International Corp.
Dated: August 18, 2011
By:
/s/ James D. Wheat
 
 
James D. Wheat
 
 
Chief Financial Officer










INDEX TO EXHIBITS
 
Exhibit
Number
 
Description
99.1
  
Press Release dated August 18, 2011, Announcing Silicon Graphics International Corp.'s Fourth Quarter and Full Year 2011 Financial Results.
99.2
 
Supplemental Presentation used in connection with Silicon Graphics International Corp.'s conference call on August 18, 2011.