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): November 12, 2012
UBIQUITI NETWORKS, INC.
(Exact name of registrant as specified in its charter)
| Delaware | 001-35300 | 32-0097377 | ||
| (State or other jurisdiction of incorporation) |
(Commission File Number) |
(I.R.S. Employer Identification No.) |
2850 Orchard Pkwy
San Jose, CA 95131
(Address of principal executive offices, including zip code)
(408) 942-3085
(Registrant’s 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 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) On November 12, 2012, the Compensation Committee of the Board of Directors of Ubiquiti Networks, Inc. (the “Company”) granted Jessica Zhou, Vice President of Legal Affairs and General Counsel, an option to purchase 100,000 shares of the Company’s common stock at an exercise price of $10.77 per share, which is the closing price of the Company’s common stock on November 12, 2012, pursuant to the Company’s Amended and Restated 2010 Equity Incentive Plan. Twenty-five percent of the shares subject to the option shall vest on the first anniversary of October 25, 2012 (the “Vesting Commencement Date”) and 1/48th of the total shares subject to the grant shall vest each month thereafter, so that 100% of the shares shall be vested on the fourth anniversary of the Vesting Commencement Date.
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.
| UBIQUITI NETWORKS, INC. | ||||||
| Date: November 16, 2012 | By: | /s/ John Ritchie | ||||
| Name: | John Ritchie | |||||
| Title: | Chief Financial Officer | |||||