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)
May 23, 2007
TASER International, Inc.
(Exact name of registrant as specified in its charter)
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Delaware
(State or other jurisdiction of
incorporation) |
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001-16391
(Commission File Number) |
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86-0741227
(IRS Employer
Identification No.) |
17800 N.
85th St.
Scottsdale, Arizona 85255
(Address of principal executive offices, including zip code)
(480) 991-0797
(Registrant’s telephone number, including area code)
(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:
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 7.01. REGULATION FD DISCLOSURE.
On May 23, 2007 TASER International,
Inc. (the “Company”) announced that Patrick Smith, CEO of
TASER International, Inc., and Thomas Smith, Chairman of TASER International, Inc., adopted a stock
trading plan in accordance with Rule 10b5-1 of the Securities Act of 1934. In addition TASER
International, Inc announced that Patrick Smith has exercised nonqualified stock options to acquire
504,000 shares of TASER common stock which expire on May 29, 2007 and executed a “cashless”
exercise for a portion of these nonqualified stock options under which approximately 100,000 option
shares were sold on the open market to fund the acquisition of the balance of 404,000 option shares
being acquired through an “exercise and hold.” The public announcement was made by means of a
press release, the text of which is set forth in Exhibit 99.1 hereto.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS.
(d) Exhibits.
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Description |
99.1
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Press Release dated May 23, 2007 |
Information presented in this Current Report on Form 8-K may contain forward-looking
statements and certain assumptions upon which such forward-looking statements are in part based.
Numerous important factors, including those factors identified as in the Yellow Roadway Annual
Report on Form 10-K and other of the Company’s filings with the Securities and Exchange Commission,
and the fact that the assumptions set forth in this Current Report on Form 8-K could prove
incorrect, could cause actual results to differ materially from those contained in such
forward-looking statements.
Information in this Current Report that is being furnished pursuant to Item 7.01 shall not be
deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended,
or otherwise subject to the liabilities of that Section. The information furnished pursuant to
Item 7.01 in this Current Report shall not be incorporated by reference into any registration
statement pursuant to the Securities Act of 1933, as amended. The furnishing of the information in
Item 7.01 of this Current Report is not intended to, and does not, constitute a representation that
such furnishing is required by Regulation FD or that the information Item 7.01 of this Current
Report contains is material investor information that is not otherwise publicly available.