PLANTRONICS, INC. (NYSE:PLT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

PLANTRONICS, INC. (NYSE:PLT) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Item 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

On August 10, 2018, the board of directors ("Board") of Plantronics, Inc. ("Plantronics" or "Company") increased the authorized number of directors of the Board from ten to eleven and appointed Ms. Kathy Crusco, 52, as a member of the Board and will also serve on the Audit Committee of the Board.

In connection her appointment to the Board, Ms. Crusco(i) was granted a restricted stock unit award for Plantronics common stock having a fair market value of $200,000 to Plantronics amended and restated 2003 Stock Plan and Outside Director Compensation Policy, (ii) will receive a standard quarterly non-employee director cash retainer of $12,500, (iii) will receive a standard quarterly cash retainer for her membership on the Audit Committee of $3,750, and (iv) will enter into a standard director indemnification agreement with Plantronics.

A copy of the press release announcing the appointment is furnished as Exhibit 99.1 to this Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits

The following exhibits are furnished as part of this Current Report on Form 8-K:

Exhibit Number

Description

Press release issued by Plantronics, Inc. dated August 13, 2018, entitled "Plantronics Announces Kathy Crusco as a New Member of the Board"


PLANTRONICS INC /CA/ Exhibit
EX-99.1 2 august13pressrelease.htm EXHIBIT 99.1 Exhibit PLANTRONICS ANNOUNCES KATHY CRUSCO AS A NEW BOARD MEMBERSanta Cruz,…
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About PLANTRONICS, INC. (NYSE:PLT)

Plantronics, Inc. (Plantronics) is engaged in the design, manufacture, and distribution of headsets for business and consumer applications, and other specialty products for the hearing impaired. The Company is a global designer, manufacturer and marketer of communications headsets, telephone headset systems, other communication endpoints and accessories for the business and consumer markets. The Company develops communication products for offices and contact centers, mobile devices, cordless phones, and computers and gaming consoles. Its product categories include Enterprise, which includes corded and cordless communication headsets, audio processors, and telephone systems, and Consumer, which includes Bluetooth and corded products for mobile device applications, personal computer (PC) and gaming headsets, and specialty products marketed for hearing impaired individuals. It offers its products under two brands: Plantronics and Clarity.

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