Business Context and Reporting Period
This Form 8-K is a current report filed by Amazon.com, Inc. on May 31, 2005. The filing addresses a temporary suspension of trading under the company's employee benefit plans due to a transition of recordkeeping services.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is administrative in nature and does not contain financial performance data.
Material Changes
The material change reported is the selection of The Vanguard Group as the new recordkeeper and fund manager for the Amazon.com, Inc. 401(k) Plan. This transition necessitates a temporary restriction on plan account activity.
Outlook, Risks, and Unusual Items
- Blackout Period: A "Blackout Period" is expected to begin on July 1, 2005 and end the week of July 17, 2005.
- Restrictions: During this period, participants cannot make exchanges, change asset allocations, take loans, or request withdrawals/distributions.
- Executive Trading Restrictions: Pursuant to Section 306(a)(6) of the Sarbanes-Oxley Act, Section 16 officers and directors are subject to trading restrictions on Amazon.com equity securities acquired through employment during the Blackout Period.
- Contact Information: Participants may contact Vanguard at 1-800-523-1188 or the Amazon.com Benefits Team at 1-206-266-1522 for updates.
Key Facts for Investor Verification
- Confirm the exact start and end dates of the 401(k) Blackout Period (anticipated July 1–July 17, 2005).
- Verify that no financial performance metrics were omitted or delayed due to this administrative filing.
- Ensure compliance with Sarbanes-Oxley trading restrictions for insiders during the specified blackout window.
