UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 20549

 

FORM 8-K

CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934

DEMANDTEC, INC.

(Exact name of registrant as specified in its charter)

Delaware		001-33634		94-3344761
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(I.R.S. Employer Identification Number)

One Circle Star Way, Suite 200
San Carlos, CA 94070
(Address of principal executive offices and zip code)

Registrant’s telephone number, including area code: (650) 226-4600

Not Applicable
(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:

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 October 22, 2009 and October 28, 2009, respectively, Daniel R. Fishback, President and Chief Executive Officer of DemandTec, Inc. (the “Company”), and Mark A. Culhane, the Company’s Executive Vice President and Chief Financial Officer, each entered into a written stock sales plan in accordance with the guidelines specified under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and the Company’s policies regarding securities transactions. Rule 10b5-1 allows corporate officers and directors to adopt written, pre-arranged stock trading plans when they do not have material, non-public information. Under these plans, insiders can gradually diversify their investment portfolios and can avoid concerns about whether they had material, non-public information when they sold stock. All transactions under the plans will be disclosed publicly through required Form 4 and Form 144 filings with the Securities and Exchange Commission (the “SEC”).

     Under Mr. Fishback’s plan, he will sell up to 416,666 shares of the Company’s Common Stock (“Common Stock”) currently outstanding or to be issued upon the exercise of outstanding stock options, up to 142,000 shares of Common Stock to be issued upon settlement of outstanding performance-based restricted stock units (“PSUs”), and 60,000 shares of Common Stock to be issued upon settlement of outstanding time-based restricted stock units (“RSUs”), commencing January 21, 2009. The plan is scheduled to terminate in January 2011, unless terminated earlier. The number of shares to be sold under the plan and the timing of such sales will depend on certain factors, including the prevailing market price and trading volume of the Common Stock as well as the number of shares actually issued upon settlement of the PSUs. The sales plan previously entered into by Mr. Fishback on October 29, 2008, as amended on January 30, 2009, will terminate immediately prior to the effectiveness of the new sales plan, unless terminated earlier.

     Under Mr. Culhane’s plan, he will sell up to 180,000 shares of Common Stock currently outstanding or to be issued upon the exercise of outstanding stock options, up to 35,000 shares of Common Stock to be issued upon settlement of outstanding PSUs, and 50,000 shares of Common Stock to be issued upon settlement of outstanding RSUs, commencing February 1, 2009. The plan is scheduled to terminate in January 2011, unless terminated earlier. The number of shares to be sold under the plan and the timing of such sales will depend on certain factors, including the prevailing market price and trading volume of the Common Stock as well as the number of shares actually issued upon settlement of the PSUs. The sales plan previously entered into by Mr. Culhane on October 29, 2008 will terminate immediately prior to the effectiveness of the new sales plan, unless terminated earlier.

SIGNATURES

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.