SEC Filing Summary: USA Mobility, Inc. (Form 8-K)
Business Context and Reporting Period
This Current Report on Form 8-K was filed by USA Mobility, Inc. on December 16, 2004. The filing discloses the appointment of a new Chief Financial Officer and the terms of his employment agreement. Note: The request metadata referenced "Spok Holdings, Inc," but the source document explicitly identifies the registrant as USA Mobility, Inc.
Key Financial Metrics
The filing does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity. The document focuses exclusively on executive compensation details:
- Base Salary: $300,000 annually.
- Annual Bonus: Eligible for 50% to 100% of base salary based on pre-determined goals.
- Signing Bonus: $50,000, payable within 10 days of the start date.
Material Changes
The primary material change is the appointment of Thomas L. Schilling as Chief Financial Officer, effective January 3, 2005. This appointment is documented under Item 1.01 (Entry into a Material Definitive Agreement) and Item 5.02 (Appointment of Principal Officers).
Outlook, Risks, and Unusual Items
Employment Terms: Mr. Schilling's employment is on an "at-will" basis. The $50,000 signing bonus is refundable on a pro-rata basis if he voluntarily terminates employment within the first calendar year.
Management Background: Mr. Schilling brings experience from Cincinnati Bell, Inc. (formerly Broadwing), Autotrader.com, MCI Corporation, and Sprint Corporation.
Risks/Contingencies: No specific financial risks or contingencies are disclosed in this filing beyond the standard employment agreement terms.
Investor Verification Checklist
- Verify the effective start date of the new CFO (January 3, 2005).
- Confirm the total potential annual compensation package ($300,000 base + up to $300,000 bonus + $50,000 signing bonus).
- Review the attached press release (Exhibit 99.1) for additional strategic context regarding the leadership change.
- Note that this filing contains no financial performance metrics for the period.