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): October 22, 2008

iROBOT CORPORATION

(Exact Name of Registrant as Specified in its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)

000-51598		77-0259335
(Commission File Number)		(IRS Employer Identification No.)

8 Crosby Drive, Bedford, Massachusetts		01730
(Address of Principal Executive Offices)		(Zip Code)

Registrant’s telephone number, including area code: (781) 430-3000

     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 October 22, 2008, iRobot Corporation (the “Company”) entered into an employment separation agreement with Helen Greiner pursuant to which Ms. Greiner will resign as Chairman of the Board and from her employment with the Company effective as of October 24, 2008. The employment separation agreement, which supersedes the executive agreement between the Company and Ms. Greiner dated March 15, 2006, provides for the following, among other things: (i) separation pay equal to one year’s base salary, (ii) health benefits coverage for up to four months, (iii) the opportunity to receive a pro-rated bonus for fiscal 2008, (iv) annual cash and equity awards pursuant to the Company’s non-employee director compensation policy, (v) full acceleration of all of her currently outstanding options to purchase Company stock, restricted stock awards and restricted stock units if Ms. Greiner ceases to serve as a director of the Company and (vi) a general release by Ms. Greiner, in each case in the manner specified in the employment separation agreement. Ms. Greiner will continue to serve as a director of the Company.

Item 7.01		Regulation FD Disclosure.

          On October 22, 2008, the Company issued a press release, a copy of which is being furnished as Exhibit 99.1 to this Current Report on Form 8-K.

          The information in this Item 7.01 and Exhibit 99.1 attached hereto is intended to be furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934 (the “Exchange Act”) or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933 or the Exchange Act, except as expressly set forth by specific reference in such filing.

Item 9.01		Financial Statements and Exhibits.

(d)		Exhibits:
		99.1				Press Release issued by iRobot Corporation on October 22, 2008, furnished herewith.

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.

EXHIBIT INDEX

Exhibit Number		Description
99.1		Press Release issued by iRobot Corporation on October 22, 2008, furnished herewith.

Exhibit 99.1

Contacts:
Elise Caffrey		Nancy Smith
Investor Relations		Media Relations
iRobot Corp.		iRobot Corp.
(781) 430-3003		(781) 430-3323
ecaffrey@irobot.com		nsmith@irobot.com

COLIN ANGLE TO SUCCEED HELEN GREINER AS CHAIRMAN OF THE BOARD OF IROBOT
Greiner to Remain on Board of Directors

Bedford, Mass., October 22, 2008 — iRobot Corp. (Nasdaq: IRBT) today announced that Helen Greiner has resigned as chairman of the board of iRobot, effective October 24, 2008. The board of directors has elected Colin Angle to serve as chairman of the board in addition to his current role as chief executive officer of iRobot. Helen will continue to serve on iRobot’s board of directors as a non-employee director while pursuing other interests and opportunities within the robot industry.

“Since co-founding iRobot in 1990, Helen has been an integral part of the company and played a large role in our success,” said Angle. “We are fortunate that she will maintain a position on our board of directors as she continues to drive the robot industry forward.”

“I will remain close to the company through my work on the board,” said Greiner. “I am excited about where the robot industry is going and how I can help shape the future through individual endeavors, work with the Robotics Technology Consortium, Massachusetts Robotics Cluster and the various boards on which I serve.”

“Helen’s knowledge of the robot industry is surpassed only by her passion for its growth. We appreciate all of her hard work and dedication to iRobot and look forward to her continued contribution as a member of the board,” said The Honorable Jacques Gansler, PhD, an iRobot board member. “Colin Angle was the board’s unanimous choice in succeeding Helen.”

About iRobot Corp.
iRobot designs and builds robots that make a difference. The company’s home robots help people with smarter ways to clean, and our government and industrial robots protect those in harm’s way. iRobot’s consumer and military robots feature iRobot AWARE™ robot intelligence systems, proprietary technology incorporating advanced concepts in navigation, mobility, manipulation and artificial intelligence. For more information about iRobot, please visit www.irobot.com.

For iRobot Investors
Certain statements made in this press release that are not based on historical information are forward-looking statements which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. This press release contains express or implied

iRobot Corporation

8 Crosby Drive, Bedford, MA 01730 • 781.430.3000 • Fax 781.430.3001 • www.iRobot.com

forward-looking statements relating to, among other things, iRobot Corp.’s expectations concerning management’s plans. These statements are neither promises nor guarantees, but are subject to a variety of risks and uncertainties, many of which are beyond our control, which could cause actual results to differ materially from those contemplated in these forward-looking statements. Existing and prospective investors are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof. iRobot Corp. undertakes no obligation to update or revise the information contained in this press release, whether as a result of new information, future events or circumstances or otherwise. For additional disclosure regarding these and other risks faced by iRobot Corp., see the disclosure contained in our public filings with the Securities and Exchange Commission including, without limitation, our most recent Annual Report on Form 10-K.

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iRobot Corporation

8 Crosby Drive, Bedford, MA 01730 • 781.430.3000 • Fax 781.430.3001 • www.iRobot.com