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): December 13, 2005
NAVTEQ CORPORATION
(Exact Name of Registrant as Specified in Charter)
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DELAWARE |
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0-21323 |
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77-0170321 |
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(State or
Other Jurisdiction of |
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(Commission File Number) |
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(I.R.S.
Employer Identification |
222 Merchandise Mart, Suite 900
Chicago, Illinois 60654
(Address of Principal Executive Offices) (Zip Code)
(312) 894-7000
(Registrant’s Telephone Number, Including Area Code)
Check the appropriate box below if the Form 8-K is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 1 — Registrant’s Business and Operations
Item 1.01. Entry into a Material Definitive Agreement.
On December 13, 2005, the Compensation Committee of the Board of Directors of NAVTEQ Corporation (the “Company”) took certain actions with respect to executive compensation. In particular, the Compensation Committee approved an increase in the base salaries of the following executive officers of the Company:
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2005 Salary |
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2006 Salary |
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David B. Mullen Executive Vice President and Chief Financial Officer |
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$ |
350,000 |
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365,000 |
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John K. MacLeod Executive Vice President, Global Marketing and Strategy |
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$ |
330,000 |
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$ |
350,000 |
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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.
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NAVTEQ CORPORATION |
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Date: February 7, 2006 |
By: |
/s/ David B. Mullen |
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David B. Mullen |
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Executive Vice President and Chief Financial Officer |
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