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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): May 21, 1996
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Security Dynamics Technologies, Inc.
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(Exact Name of Registrant as Specified in its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
0-25120 04-2916506
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(Commission File Number) (I.R.S. Employer Identification No.)
One Alewife Center, Cambridge, Massachusetts 02140
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(Address of Principal Executive Offices) (Zip Code)
(617) 547-7820
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(Registrant's Telephone Number, Including Area Code)
Not Applicable
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(Former Name or Former Address, if Changed Since Last Report)
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This Current Report on Form 8-K is filed by Security Dynamics Technologies,
Inc., a Delaware corporation (the "Company"), in connection with the matters
described herein.
ITEM 6. RESIGNATIONS OF REGISTRANT'S DIRECTORS.
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On May 21, 1996, Kenneth P. Weiss announced his immediate resignation as a
director and as Chairman of the Board and Chief Technical Officer of the
Company, citing material disagreements with the operations, policy and practices
of the Company and certain directors of the Company. The reasons for Mr. Weiss's
resignation are outlined in his letter to the Company dated May 21, 1996, a copy
of which is filed as Exhibit 17 to this Current Report on Form 8-K.
ITEM 7. FINANCIAL STATEMENT AND EXHIBITS.
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(c) Exhibits
Exhibit 17 - Letter, dated May 21, 1996, of Kenneth P. Weiss.
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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.
Date: May 23, 1996 SECURITY DYNAMICS TECHNOLOGIES, INC.
(Registrant)
/s/ Charles R. Stuckey, Jr.
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By: Charles R. Stuckey, Jr.
President and Chief
Executive Officer
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INDEX TO EXHIBITS
Exhibit
Number
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17 Letter, dated May 21,
1996, of Kenneth P.
Weiss.
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Exhibit 17
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May 21, 1996
Dear Chuck:
As we discussed earlier today I am resigning, effective immediately, my
positions at SDI as chairman, director, and CTO. This resignation is a result of
material disagreements and in protest associated with operations, policy and
practices of the company and certain directors.
We have agreed that your request for this brief letter today will not preclude
my right and intention to follow up with a more formal and detailed letter of
resignation with exhibits.
Furthermore I formally request that the forthcoming letter be disclosed.
Yours truly,
/s/ Kenneth P. Weiss
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Kenneth P. Weiss
