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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): November 13, 2018

LogMeIn, Inc.
(Exact Name of Registrant as Specified in Charter)

 
					
Delaware	 	001-34391	 	20-1515952	
(State or Other Jurisdiction of
Incorporation or Organization)	 	(Commission
File Number)	 	(IRS Employer
Identification No.)	

320 Summer Street
Boston, Massachusetts	 	02210	
(Address of principal executive offices)	 	(Zip Code)	
Registrant’s telephone number, including area code: (781)-638-9050
 
(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))	
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company  ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.  ☐

 

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Item  5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers	
Item 9.01. Financial Statements and Exhibits	
EX-99.1	
SIGNATURE	

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 Item 5.02.	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers	
Appointment of Named Executive Officer
On November 13, 2018, LogMeIn, Inc. (the “Company”) announced the appointment of Marc van Zadelhoff as its Chief Operating Officer. Mr. Van Zadelhoff, age 46, has nearly 20 years of experience in strategy, venture capital, business development and marketing in the IT and security space, having most recently served as the General Manager of IBM Security, the enterprise security business unit of International Business Machines Corporation (“IBM”), from January 2016 to November 2018. Prior to his appointment as General Manager of IBM Security, Mr. Van Zadelhoff served IBM in a number of key strategic, product and marketing leadership roles from January 2007 to December 2015, including Vice President of Worldwide Strategy and Product Management, and was responsible for overall product management, budget and positioning for IBM’s entire global security portfolio. Prior to joining IBM, Mr. Van Zadelhoff served as the VP Marketing and Business Development at Consul Risk Management from January 2002 to January 2007. Mr. Van Zadelhoff has not served as a director of a public company during the past five years.
There are currently no arrangements or understandings between Mr. Van Zadelhoff and any other person pursuant to which Mr. Van Zadelhoff was selected as an executive officer. There are no family relationships between Mr. Van Zadelhoff and any director or other executive officer of the Company, or with any person nominated or chosen to become an officer or a director of the Company. The Company has had no transactions since the beginning of its last fiscal year, and has no transactions currently proposed, in which Mr. Van Zadelhoff, or any member of his immediate family, has an interest requiring disclosure under Item 404(a) of Regulation S-K.
In connection with his appointment, Mr. Van Zadelhoff will be entitled to an annual base salary in the amount of $500,000 and an annual cash bonus of up to $500,000. Mr. Van Zadelhoff’s eligible bonus payment for the calendar year 2018 will be based on the Company’s achievement of certain performance objectives and company goals and will be prorated according to his official start date of November 13, 2018. Mr. Van Zadelhoff will also receive a one-time sign-on bonus of $275,000, subject to taxes and applicable withholdings, within 30 days of his start date. If Mr. Van Zadelhoff voluntarily resigns or is terminated for cause within 12 months of his start date, he will be required to repay this sign-on amount on a pro-rated basis. It is also expected that Mr. Van Zadelhoff will be granted a restricted stock unit award under the Company’s Amended and Restated 2009 Stock Incentive Plan at the next regularly scheduled meeting of the Company’s Board of Directors.
A copy of the press release issued by the Company announcing Mr. Van Zadelhoff’s appointment as Chief Operating Officer is filed as Exhibit 99.1 to this Current Report on Form 8-K.
 
 Item 9.01.	Financial Statements and Exhibits	
(d)  Exhibits
The full text of the press release issued in connection with this announcement is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The following exhibit relating to Item 5.02 shall be deemed to be furnished, and not filed:

	Exhibit
No.	  		Description	
			
99.1	  	Press release entitled “LogMeIn Names Marc van Zadelhoff as Chief Operating Officer,” issued by the Company on November 13, 2018.		

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 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.

	 		 		 	LOGMEIN, INC	
				
Date: November 13, 2018	 		 	By:	 	/s/ Michael J. Donahue	
	 		 		 		 	Michael J. Donahue	
	 		 		 		 	SVP, General Counsel & Secretary	

Exhibit 99.1
LogMeIn Names Marc van Zadelhoff as Chief Operating Officer
Former IBM executive joins SaaS leader to drive growth in
UCC, Identity and Digital Engagement markets
BOSTON, November  13, 2018 – LogMeIn, Inc. (Nasdaq:LOGM) has named Marc van Zadelhoff as its new Chief Operating Officer (COO) – a new role that will lead all customer-facing operations across LogMeIn’s entire $1.2 billion portfolio, including sales, marketing and care, with these functional groups now reporting directly into Van Zadelhoff.
He joins LogMeIn from IBM, where he was the General Manager (GM) for IBM Security, an IBM Business Unit, comprising the technology giant’s entire global security portfolio and thousands of employees – a business he helped to start at IBM and one that is now amongst the largest in the cybersecurity market. Prior to that, Van Zadelhoff served IBM in a number of key strategic, product management and marketing leadership roles. He was a member of the executive team of Dutch-based Consul before it was sold to IBM in 2007 and spent the rest of his pre-IBM years in IT venture capital and strategy consulting.
“Marc is an accomplished and proven leader with a strong track record of running high scale businesses,” said Bill Wagner, President and CEO of LogMeIn. “His reputation as a leading thinker in cybersecurity, along with his experience in building strong, cohesive go-to-market strategies that bridge broad, complementary portfolios – specifically in high-growth markets — will be invaluable as we look to LogMeIn’s next chapter of growth.”
Marc van Zadelhoff joins LogMeIn as the company gains momentum with its longer-term growth strategy, leveraging its leadership position in its core markets, large customer base, and overall scale to expand into larger, faster-growing Unified Communications & Collaboration (UCC), Identity and Access Management (IAM), and Digital Engagement markets.
“LogMeIn has earned an enviable leadership position with market-defining brands, great technology and strong footholds in three of the fastest growing addressable markets in all of technology,” said Marc van Zadelhoff, COO of LogMeIn. “With millions of daily active users and an extremely large customer base, the company has its finger on the pulse of the biggest challenges facing the modern workforce. It’s a rare and unique combination that we can use to not only redefine our markets, but perhaps more importantly, look to solve an increasing number of our customers most pressing needs.”
About LogMeIn, Inc.
LogMeIn, Inc. (Nasdaq:LOGM) simplifies how people connect with each other and the world around them to drive meaningful interactions, deepen relationships, and create better outcomes for individuals and businesses. One of the world’s top 10 public SaaS companies, and a market leader in communication & conferencing, identity & access, and customer engagement & support solutions, LogMeIn has millions of customers spanning virtually every country across the globe. LogMeIn is headquartered in Boston with additional locations in North and South America, Europe, Asia and Australia.

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Investors:
Rob Bradley
781-897-1301
rbradley@logmein.com
Media:
Craig VerColen
617-279-2443
press@logmein.com