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): March 24, 2020
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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On March 24, 2020, iRobot Corporation (the “Company” or “iRobot”) appointed Karian Wong as the Company’s principal accounting officer, effective May 4, 2020. Ms. Wong, 44, has been iRobot’s VP, Finance since July 2017. Prior to joining iRobot, Ms. Wong served in a number of positions at Nuance Communications, including VP and Controller, Accounting and Reporting from January 2016 through July 2017, and VP, Corporate and North America Accounting from March 2014 to December 2015. Ms. Wong is a certified public accountant and has a B.S. in business administration, accounting and finance from the University of Arizona.
In connection with Ms. Wong’s appointment as principal accounting officer, she will be awarded restricted stock units under the Company’s 2018 Stock Option and Incentive Plan having a fair market value of $320,000 on the grant date, subject to time-based vesting. The Company is not making any other changes to the current compensation arrangements for Ms. Wong at this time. Ms. Wong and the Company will enter into an indemnification agreement, consistent with the form thereof entered into with the other executive officers of the Company and filed as an exhibit to the Company’s Annual Report on Form 10-K.
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.
Date: March 25, 2020 | iRobot Corporation | |
By: /s/ Glen D. Weinstein | ||
Name: Glen D. Weinstein | ||
Title: Chief Legal Officer and Secretary | ||