SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of Earliest Event Reported): December 9, 2012
Identive Group, Inc.
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code: (949) 250-8888
Former name or former address, if changed since last report
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
On December 9, 2012, the Compensation Committee of the Board of Directors of Identive Group Inc. (the Company) approved option grants to and changes to the compensation of certain executive officers of the Company.
The Committee approved a discretionary grant of an option to purchase 50,000 shares to each of the following executive officers: Jason Hart, Executive Vice President Identity Management and Cloud Solutions; Manfred Mueller, Executive Vice President and COO, Identification Products; Joseph Tassone, Executive Vice President Technology and Product Management; and David Wear, Chief Financial Officer. Each option vests over a four year period, with 25% of the shares subject to the option vesting after one year and the remaining shares vesting 1/36th per month for the following three years.
In addition, the Committee approved an increase in the annual base salary of Mr. Tassone from $200,000 to $225,000, with effect from January 1, 2013.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.