Form 8-K

 

 

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 29, 2012

NUANCE COMMUNICATIONS, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware   000-27038   94-3156479

(State or other jurisdiction of

incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

1 Wayside Road

Burlington, Massachusetts 01803

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s telephone number, including area code: (781) 565-5000

 

(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 (see General Instruction A.2. below):

 

  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 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On November 29, 2012, the Compensation Committee of the Board of Directors of Nuance Communications, Inc. approved the payment of the following bonuses pursuant to the company’s fiscal 2012 bonus program.

 

Name

    Fiscal 2012
Target
Bonus
Amount(1)		      Achievement
Level		     Fiscal 2012
Actual
Bonus
Amount —
(Cash)		      Fiscal 2012
Actual  Bonus
Amount
Paid in
Restricted
Stock Units		      Total Value
of 2012
Bonus
Earned		  

Paul A. Ricci

    $ 800,000         150 %    $ 1,200,000         —         $ 1,200,000   

Thomas L. Beaudoin

    $ 337,500         133 %      —           20,398       $ 450,000   

Steven G. Chambers

    $ 375,500         133 %      —           22,665       $ 500,000   

Janet M. Dillione

    $ 350,000         100 %      —           15,865       $ 350,000   

Bill Nelson

    $ 350,000         129 %      —           20,398       $ 450,000   

 

(1) Bonuses for fiscal 2012 were paid out in cash or restricted stock units, as further detailed in the above table. The amounts reflected in this column represent the payout to each Named Executive Officer if their bonus had been achieved at 100%.

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.

 

    Nuance Communications, Inc.
Date: December 5, 2012     By:   /s/ Thomas Beaudoin
      Thomas Beaudoin, Chief Financial Officer