Unassociated Document
UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of
the
Securities Exchange Act of 1934
Date
of
Report (Date of earliest event reported): September 10, 2008
BENCHMARK
ELECTRONICS, INC.
(Exact
name of registrant as specified in its charter)
|
Texas
(State
or other jurisdiction
of
incorporation)
|
|
1-10560
(Commission
File
Number)
|
|
74-2211011
(I.R.S.
Employer
Identification
No.)
|
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3000
Technology Drive, Angleton,
Texas
|
|
77515
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|
(Address
of principal executive
offices)
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|
(Zip
code)
|
Registrant’s
telephone number, including area code: (979)
849-6550
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 (see General Instruction A.2. below):
o
Written
communications
pursuant to Rule 425 under the Securities Act (17
CFR
230.425)
o
Soliciting
material pursuant to Rule 14a-12 under the
Exchange Act (17
CFR
240.14a-12)
o
Pre-commencement
communications pursuant to Rule
14d-2(b) under the Exchange
Act (17 CFR 240.14d-2(b))
o
Pre-commencement
communications pursuant to Rule
13e-4(c) under the Exchange
Act (17 CFR 240.13e-4(c))
Item
8.01. Other Events.
On
September 10, 2008, Donald E. Nigbor, Chairman of Benchmark Electronics, Inc.
(“Benchmark”) adopted a pre-arranged stock trading plan to sell shares of
Benchmark stock. This plan was established as part of his individual long-term
strategy for asset diversification and liquidity. Mr. Nigbor’s plan was adopted
in accordance with guidelines specified under Rule 10b5-1 of the Securities
Exchange Act of 1934, as amended.
Under
the
plan Mr. Nigbor may sell up to 112,500 shares of Benchmark stock, which Mr.
Nigbor has the right to acquire under outstanding stock options issued by
Benchmark, beginning October 27, 2008. This plan is scheduled to terminate
at the latest on February 27, 2009. The transactions under the plan will be
disclosed publicly in Form 144 and Form 4 or Form 5 filings, as appropriate,
with the Securities and Exchange Commission.
Rule
10b5-1 permits individuals who are not in possession of material, non-public
information at the time the plan is adopted to establish pre-arranged plans
to
buy or sell company stock. Using these plans, individuals can prudently and
gradually diversify their investment portfolios over an extended period of
time.
SIGNATURE
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.
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BENCHMARK ELECTRONICS, INC. |
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| Dated:
September 11, 2008 |
By: |
/s/
DONALD F. ADAM |
| |
Donald
F. Adam |
| |
Chief
Financial Officer |