Business Context and Reporting Period
This Form 8-K is a current report filed by Network Appliance, Inc. (NetApp) on July 29, 2005. The filing addresses a corporate governance update approved by the Board of Directors on the same date.
Financial Metrics
The filing text does not provide a clear value for revenue, profit, cash flow, margins, debt, or liquidity. This report is non-financial in nature and contains no financial statements or performance data.
Material Changes
The material change reported is an amendment to the company's bylaws. The Board of Directors approved changes to allow for the electronic transmission of notice for meetings of the Board of Directors (and its committees) and to permit the taking of actions by the Board via electronic transmission.
Guidance, Outlook, and Risks
The filing contains no management commentary, financial guidance, outlook, or discussion of risks and contingencies. The document strictly details the procedural amendment to the bylaws and references the full text of the amendment filed as Exhibit 99.1.
Key Facts for Investor Verification
- The bylaw amendment was approved by the Board of Directors on July 29, 2005.
- The amendment facilitates electronic communication for Board meetings and actions.
- The full text of the amendment is dated August 3, 2005, and is attached as Exhibit 99.1.
- The report was signed by Steven J. Gomo, Chief Financial Officer and Executive Vice President of Finance.