CACI International Inc. - Form 8-K Summary
Business Context and Reporting Period
This Current Report on Form 8-K was filed by CACI International Inc. on March 7, 2002. The filing addresses a correction to data previously disclosed in the definitive proxy statement for the annual meeting of stockholders held on November 29, 2001.
Key Financial Metrics
The filing does not report revenue, profit, cash flow, margins, debt, or liquidity metrics. It specifically corrects values related to executive stock options reported in the prior fiscal year.
Material Changes and Corrections
The company identified errors in the "Aggregated Option Exercises in Fiscal Year 2001 and Fiscal Year-End Option Values" table:
- Dr. J. P. London: The reported value of unexercisable in-the-money stock options as of June 29, 2001, was $1,715,500. The corrected value is $2,524,500.
- Jeffrey P. Elefante: The reported value realized upon exercise of options during fiscal year 2001 was $557,298. The corrected value is $551,063.
Guidance, Outlook, and Risks
The filing contains no forward-looking guidance, management commentary on future operations, or discussion of new risks and contingencies. The disclosure is strictly a regulatory correction under Regulation FD.
Key Facts for Investor Verification
- Verify the corrected option values for Dr. J. P. London and Jeffrey P. Elefante in updated proxy materials or subsequent filings.
- Note that the correction increases the reported value of Dr. London's unexercised options by approximately $809,000.
- Confirm that no other financial statements or operational metrics were impacted by this specific disclosure.