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, 1998
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STORAGE TECHNOLOGY CORPORATION
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(Exact Name of Registrant As Specified In Charter)
Delaware 1-7534 84-0593263
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(State or other Jurisdiction of (Commission File Number) (IRS Employer
Incorporation) Identification No.)
2270 South 88th Street, Louisville, Colorado 80028-4309
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code (303) 673-5151
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Not applicable
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(Former Name or Former Address, if Changed Since Last Report)
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ITEM 5. OTHER EVENTS
On May 21, 1998, the Registrant announced that its board of directors had
approved a two-for-one split of its common stock, to be effected in the form
of a stock dividend. The stock split entitles shareholders to receive one
additional share of common stock for each outstanding share of common stock
held of record as of the close of business on June 5, 1998. The Registrant's
transfer agent will distribute the additional shares on June 26, 1998. Based
on the number of shares outstanding on May 1, 1998, the number of shares
outstanding will increase from approximately 53.6 million to 107.2 million.
ITEM 7. EXHIBITS
The following financial statements, pro forma financial information and
exhibits, if any, are filed as part of this report:
(A) FINANCIAL STATEMENTS OF BUSINESSES ACQUIRED.
Not applicable
(B) PRO FORMA FINANCIAL INFORMATION.
Not applicable
(C) EXHIBITS.
None
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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.
Storage Technology Corporation
By: /s/ Thomas G. Arnold
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Thomas G. Arnold
Vice President
and Corporate Controller
Date: May 27, 1998
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