(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (I.R.S. Employer Identification No.) | |||||
(Address of Principal Executive Offices) | (Zip Code) |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | ||
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | ||
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | ||
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
par value $0.01 per share | (NASDAQ Global Select Market) |
Emerging growth company |
Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
• | Protection of Sensitive Information, Noncompetition and Nonsolicitation Agreement. Under the agreement, if Mr. Parrish’s employment is terminated by the Company without Cause (as defined in the agreement), the Company will be required to pay him an amount equal to 12 months of base salary, as severance, subject to specified conditions. The agreement will obligate Mr. Parrish to comply with specified non-competition and non-solicitation obligations for a period of 12 months following any termination of his employment. |
• | Standard Form of Employment Agreement. This form of employment agreement primarily will impose obligations on Mr. Parrish to protect the Company’s intellectual property and confidential and proprietary information and will not contain provisions regarding compensation or continued employment. |
• | Indemnification Agreement. The Company will enter into an indemnification agreement with Mr. Parrish in the same form as entered into with the Company’s Chief Executive Officer. These agreements afford the Company’s executive officers contractual assurances regarding the scope of their indemnification and provide procedures for the determination of their right to receive indemnification and to receive reimbursement of expenses as incurred in connection with any related legal proceedings. |
Date: | December 5, 2019 | SecureWorks Corp. | |
By: | /s/ George B. Hanna | ||
George B. Hanna | |||
Senior Vice President and Chief Legal Officer | |||
(Duly Authorized Officer) |
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Cover Page |
Dec. 05, 2019 |
---|---|
Cover page. | |
Document Type | 8-K |
Document Period End Date | Dec. 05, 2019 |
Entity Registrant Name | SecureWorks Corp |
Entity Incorporation, State or Country Code | DE |
Entity File Number | 001-37748 |
Entity Tax Identification Number | 27-0463349 |
Entity Address, Address Line One | One Concourse Parkway NE |
Entity Address, Address Line Two | Suite 500 |
Entity Address, City or Town | Atlanta, |
Entity Address, State or Province | GA |
Entity Address, Postal Zip Code | 30328 |
City Area Code | 404 |
Local Phone Number | 327-6339 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Class A Common Stock, |
Trading Symbol | SCWX |
Security Exchange Name | NASDAQ |
Entity Emerging Growth Company | true |
Entity Ex Transition Period | true |
Entity Central Index Key | 0001468666 |
Amendment Flag | false |