Business Context and Reporting Period
This Form 8-K is a current report filed by USA Mobility, Inc. (not Spok Holdings, Inc.) on October 11, 2010. The filing discloses a corporate governance event regarding the appointment of a senior officer and the approval of their compensatory arrangements.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The only financial figures disclosed relate to executive compensation:
- Annual Base Salary: $200,000
- Short-term Incentive: 75% of annual base salary ($150,000)
- Long-term Incentive: $377,416 total (50% cash, 50% restricted stock units)
Material Changes
On September 29, 2010, Shawn E. Endsley was promoted to the position of Chief Financial Officer. On October 11, 2010, the Board of Directors formally approved the compensation package detailed above.
Guidance, Outlook, and Risks
The filing contains no management commentary, forward-looking guidance, risk factors, contingencies, or unusual items beyond the executive appointment.
Investor Verification Checklist
- Verify the identity of the registrant as USA Mobility, Inc., noting the discrepancy with the requested company name (Spok Holdings, Inc.).
- Confirm the effective date of Shawn E. Endsley's promotion to CFO (September 29, 2010).
- Review the specific split of the long-term incentive between cash and restricted stock units.