-----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, SLGP5ImGKLJssiotWZc+9LmnshVxMLQpzq1zf3wGyuGcaXjmHGp52Q7qbH4H91KM FDCHwx7F7Wm/CCA+GQpMzg== 0000891618-06-000346.txt : 20060815 0000891618-06-000346.hdr.sgml : 20060815 20060814215544 ACCESSION NUMBER: 0000891618-06-000346 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060811 ITEM INFORMATION: Cost Associated with Exit or Disposal Activities FILED AS OF DATE: 20060815 DATE AS OF CHANGE: 20060814 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VITRIA TECHNOLOGY INC CENTRAL INDEX KEY: 0001050808 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] IRS NUMBER: 770386311 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-27207 FILM NUMBER: 061032939 BUSINESS ADDRESS: STREET 1: 945 STEWART DR CITY: SUNNYVALE STATE: CA ZIP: 94086 BUSINESS PHONE: 6502376900 MAIL ADDRESS: STREET 1: 945 STEWART DR CITY: SUNYVALE STATE: CA ZIP: 94086 8-K 1 f23101e8vk.htm FORM 8-K e8vk
 

 
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
 
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of report (Date of earliest event reported): August 11, 2006
VITRIA TECHNOLOGY, INC.
(Exact name of registrant as specified in charter)
         
Delaware   000-27207   77-0386311
(State or other jurisdiction of   (Commission File Number)   (I.R.S. Employer Identification No.)
incorporation)        
945 Stewart Drive
Sunnyvale, CA 94085

(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (408) 212-2700
     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 2.05. Costs Associated with Exit or Disposal Activities.
Approval of Restructuring Plans
On August 11, 2006, the Board of Directors of Vitria Technology, Inc. approved a plan designed to reduce Vitria’s cost structure by between 20% and 25%. The company expects to incur a severance charge of approximately $900,000 in the third quarter of 2006 in connection with a workforce reduction, most of which will be completed during the current quarter. The company's plan also includes an examination of its leased property requirements.

 


 

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.
         
  VITRIA TECHNOLOGY, INC.
 
 
Dated: August 15, 2006  By:   /s/ Michael D. Perry    
    Michael D. Perry   
    Senior Vice President and Chief Financial Officer   
 

 

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