SEC Filing Summary: Brooks Automation, Inc.
Business Context and Reporting Period
This Form 8-K was filed by Brooks Automation, Inc. on November 16, 2009. The report discloses a corporate governance event regarding the compensation of executive officers. Note: The input metadata references "Azenta, Inc.", but the filing text explicitly identifies the registrant as "Brooks Automation, Inc."
Key Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report focuses exclusively on a specific executive compensation event rather than financial performance.
Material Changes
Effective November 16, 2009, the Company granted performance-based stock awards to four executive officers under its performance-based variable compensation program. These awards were issued in shares of common stock rather than cash to align executive interests with stockholders. The specific allocations were:
- Robert J. Lepofsky: 70,064 shares
- Martin S. Headley: 48,663 shares
- Steven A. Michaud: 20,637 shares
- Thomas S. Grilk: 14,268 shares
Guidance, Outlook, and Risks
The filing contains no guidance, outlook, management commentary on financial performance, or discussion of risks and contingencies. The only unusual item noted is the specific timing and share-based nature of the performance awards.
Key Facts for Investor Verification
- Verify the total number of shares granted (153,633) and their impact on dilution.
- Confirm the specific performance objectives required to vest these shares.
- Review the Company's stock price on November 16, 2009, to estimate the fair value of the awards.
- Ensure the registrant name is correctly identified as Brooks Automation, Inc., not Azenta, Inc.