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 ACT OF 1934
Date of Report (Date of earliest event reported): October 31, 2000
XATA Corporation
(Name of small business issuer in its charter)
Minnesota 0-27166 41-1641815
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(State of other jurisdiction Commission File Number) (IRS Employer
of incorporation) Identification Number)
151 East Cliff Road, Burnsville, MN 55337
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(Address of principal executive offices) (Zip Code)
Issuer's telephone number: 952-894-3680
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(Former name, former address and former fiscal year,
if changed since last report): N/A
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TABLE OF CONTENTS
Item 5. Other Events..........................................................1
Item 7. Exhibits..............................................................2
SIGNATURES.....................................................................3
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ITEM 5. OTHER EVENTS.
On October 31, 2000, John Deere Special Technologies Group, Inc.
("JDSTG") and XATA Corporation ("XATA" or the "Company") entered into Amendment
No. 1 to the Stock Purchase Agreement dated August 30, 2000.
The parties agreed that the second investment involving the purchase of
approximately 2,517,000 shares of stock form XATA at $3.805 per share will be
replaced by an agreement that JDSTG will purchase 1,314,060 shares of XATA stock
at $3.805 on the original closing date and will have an option to purchase up to
1,202,940 shares at any time prior to December 31, 2002. The purchase price for
the option shares shall be 82% of the average of the daily bid and ask (4:00
p.m. closing) price for the Company's Common Stock, as reported by the Nasdaq
Smallcap Market, for the 30 day period preceding the date of the option exercise
notice.
1
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ITEM 7. EXHIBITS.
Exhibit No.
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DESCRIPTION
10.17 Amendment No. 1 dated October 31, 2000 to Stock Purchase
Agreement by and between JDSTG and XATA Corporation dated August
30, 2000.
2
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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.
Dated: November 2, 2000. XATA CORPORATION
By /s/ William P. Flies
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William P. Flies
Chief Executive Officer
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