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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)           November 21, 2007          
BRIGHTPOINT, INC.
 
(Exact Name of Registrant as Specified in Its Charter)
Indiana
 
(State or Other Jurisdiction of Incorporation)
     
0-23494   35-1778566
     
(Commission File Number)   (IRS Employer Identification No.)
     
2601 Metropolis Parkway, Suite 210, Plainfield, Indiana   46168
     
(Address of Principal Executive Offices)   (Zip Code)
(317) 707-2355
 
(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 (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))
 
 

 


 

Item 8.01 Other Events
On November 21, 2007, with an effective date of November 26, 2007, J. Mark Howell, the Co-Chief Operating Officer of Brightpoint, Inc. (the “Company”) and the President of Brightpoint Americas entered into a Sales Plan with a brokerage firm under Securities Exchange Act Rule 10b5-1. Such plans allow a corporate insider to gradually diversify holdings of his company’s common stock while minimizing any market effects of such trades by spreading them out over an extended period of time and eliminating any market concern that such trades were made by a person while in possession of material nonpublic information. Consistent with Rule 10b5-1, the Company’s guidelines permit personnel to implement 10b5-1 trading plans provided that, among other things, they are not in possession of any material nonpublic information at the time that they adopt such plans.
Pursuant to the 10b5-1 plan entered into by Mr. Howell, up to 30,700 shares of the Company’s common stock may be traded upon exercise of the vested stock options contributed to the plan. All sales under the 10b5-1 plan are subject to the terms and conditions thereof, including predetermined minimum price conditions, and a maximum number of shares that can be sold per month. The 10b5-1 plan entered into by Mr. Howell expires on December 30, 2008, unless it is earlier terminated in accordance with its terms.
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 thereunto duly authorized.
         
  BRIGHTPOINT, Inc.
(Registrant)
 
 
  By:   /s/ Steven E. Fivel    
    Steven E. Fivel   
    Executive Vice President, General Counsel and Secretary   
 
Date: November 21, 2007