-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, Ner2LJGyfj5BNHDjaIxOBHmo+TJrEhNVQTkZqvy9vWycIJL8KULo4YyJ4+M1cskp HgITmNLfH5tUtSpeVwn21A== 0000936392-08-000761.txt : 20081208 0000936392-08-000761.hdr.sgml : 20081208 20081208170340 ACCESSION NUMBER: 0000936392-08-000761 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20081202 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities FILED AS OF DATE: 20081208 DATE AS OF CHANGE: 20081208 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DOT HILL SYSTEMS CORP CENTRAL INDEX KEY: 0001042783 STANDARD INDUSTRIAL CLASSIFICATION: COMPUTER STORAGE DEVICES [3572] IRS NUMBER: 133460176 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13317 FILM NUMBER: 081236386 BUSINESS ADDRESS: STREET 1: 2200 FARADAY AVENUE STREET 2: SUITE 100 CITY: CARLSBAD STATE: CA ZIP: 92008 BUSINESS PHONE: 760-931-5500 MAIL ADDRESS: STREET 1: 2200 FARADAY AVENUE STREET 2: SUITE 100 CITY: CARLSBAD STATE: CA ZIP: 92008 FORMER COMPANY: FORMER CONFORMED NAME: BOX HILL SYSTEMS CORP DATE OF NAME CHANGE: 19970722 8-K 1 a50762e8vk.htm FORM 8-K FORM 8-K
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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): December 2, 2008
 
Dot Hill Systems Corp.
(Exact name of registrant as specified in its charter)
         
Delaware   1-13317   13-3460176
(State or other jurisdiction of
incorporation)
  (Commission File Number)   (I.R.S. Employer
Identification No.)
         
2200 Faraday Avenue, Suite 100, Carlsbad, CA
(Address of principal executive offices)
      92008
(Zip Code)
Registrant’s telephone number, including area code: (760) 931-5500
Not applicable.
(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))
 
 

 


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Item 2.05 Costs Associated with Exit or Disposal Activities
SIGNATURE


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Item 2.05 Costs Associated with Exit or Disposal Activities.
     On December 2, 2008, we committed to the implementation of a restructuring plan that will include severance costs and fees associated with facility reductions in the range of $1.25 million to $1.75 million. The plan is designed to better align our resources with our strategic business objectives. The majority of the activities comprising the cost reduction plan are expected to be completed by the end of fiscal 2008. We expect to record severance costs in the range of $250,000 to $350,000 and we expect to record facility reduction costs in the range of $1.0 million to $1.4 million.

 


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SIGNATURE
     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.
         
    DOT HILL SYSTEMS CORP.
 
 
  By:   /s/ Hanif I. Jamal    
    Hanif I. Jamal   
    Senior Vice President, Chief Financial
Officer and Secretary
 
 
 
Date: December 8, 2008    

 

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