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
Date of report (Date of earliest event reported) March 3, 2005
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BRIGHTPOINT, INC.
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(Exact Name of Registrant as Specified in Its Charter)
Indiana
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(State or Other Jurisdiction of Incorporation)
0-23494 35-1778566
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(Commission File Number) (IRS Employer Identification No.)
501 Airtech Parkway, Plainfield, Indiana 46168
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(Address of Principal Executive Offices) (Zip Code)
(317) 707-2355
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(Registrant's Telephone Number, Including Area Code)
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(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 (see General Instruction A.2. below):
|_| Written communications pursuant to Rule 425 under the Securities Act
(17 CFR 230.425)
|_| Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
|_| Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
|_| 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 March 3, 2005, Brightpoint Inc.'s (the "Company") President, J. Mark Howell
and its Executive Vice President and General Counsel, Steven E. Fivel, each
entered into separate Sales Plans with a brokerage firm under Securities
Exchange Act Rule 10b5-1. Such plans allow a corporate insider to gradually
diversify holdings of his company's common stock while minimizing any market
effects of such trades by spreading them out over an extended period of time and
eliminating any market concern that such trades were made by a person while in
possession of material nonpublic information. Consistent with Rule 10b5-1, the
Company's guidelines permit personnel to implement 10b5-1 trading plans provided
that, among other things, they are not in possession of any material nonpublic
information at the time that they adopt such plans.
Pursuant to the 10b5-1 plan entered into by Mr. Howell, up to 79,103 shares of
the Company's common stock may be traded upon exercise of his vested stock
options contributed to his 10b5-1 plan. Pursuant to the 10b5-1 plan entered into
by Mr. Fivel, up to 62,676 shares of the Company's common stock may be traded
upon exercise of his vested stock options contributed to his 10b5-1 plan. All
sales under each of the 10b5-1 plans are subject to the terms and conditions
thereof, including predetermined minimum price conditions. Each of the 10b5-1
plans has a term of six months.
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 thereunto duly authorized.
BRIGHTPOINT, Inc.
(Registrant)
By: /s/ David P. O'Connell
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David P. O'Connell
Vice President Treasury and Taxation
Date: March 3, 2005