Item
7.01 . Regulation
FD Disclosure.
CommScope,
Inc. (“CommScope”) permits its directors and officers to enter into stock
trading plans with respect to CommScope common stock which are intended
to
qualify for the safe harbor under Rule 10b5-1 under the Securities Exchange
Act
of 1934, as amended (“Rule 10b5-1”), provided that such plans comply with
CommScope’s applicable guidelines and insider trading policies.
On
March
7, 2008, Brian D. Garrett, President and Chief Operating Officer of CommScope,
entered into a stock trading plan, intended to qualify for the safe harbor
under
Rule 10b5-1. Under the plan, Mr. Garrett authorized the sale of up to
255,000 shares of CommScope common stock owned by Mr. Garrett, all of which
are
issuable upon the exercise of stock options. Under the plan, Mr.
Garrett also authorized the sale of up to 21,150 shares of CommScope common
stock payable to Mr. Garrett on December 14, 2008 upon the vesting of his
performance share awards. The performance goals to which these
performance shares awards have been granted have already been
satisfied. The plan provides for sales of up to specified numbers of
shares within specified price ranges, subject to certain
limitations. Sales pursuant to this plan may occur from April 1, 2008
through March 31, 2009 and are intended to be disclosed publicly through
Form
144 and Form 4 filings with the Securities and Exchange Commission as
required.
On
March
7, 2008, Frank B. Wyatt, II, Senior Vice President, General Counsel and
Secretary of CommScope, entered into a stock trading plan, intended to
qualify
for the safe harbor under Rule 10b5-1. Under the plan, Mr. Wyatt
authorized the sale of up to 5,900 shares of CommScope common stock owned
by Mr.
Wyatt, all of which are issuable upon the exercise of stock
options. Under the plan, Mr. Wyatt also authorized the sale of up to
10,800 shares of CommScope common stock payable to Mr. Wyatt on December
14,
2008 upon the vesting of his performance share awards. The
performance goals to which these performance shares awards have been granted
have already been satisfied. The plan provides for sales of up to
specified numbers of shares within specified price ranges, subject to certain
limitations. Sales pursuant to this plan may occur from March 24,
2008 through February 27, 2009 and are intended to be disclosed publicly
through
Form 144 and Form 4 filings with the Securities and Exchange Commission
as
required.
On
March
7, 2008, Christopher A. Story, Executive Vice President, Coaxial Cable
and
Antenna Operations, of CommScope, entered into a stock trading plan, intended
to
qualify for the safe harbor under Rule 10b5-1. Under the plan, Mr.
Story authorized the sale of up to 15,621 shares of CommScope common stock
owned
by Mr. Story, all of which are issuable upon the exercise of stock
options. Under the plan, Mr. Story also authorized the sale of up to
1,200 shares of CommScope common stock payable to Mr. Story on December
14, 2008
upon the vesting of his performance share awards. The performance
goals to
which these performance shares awards have been granted have already been
satisfied. The plan provides for sales of up to specified numbers of
shares within specified price ranges, subject to certain
limitations. Sales pursuant to this plan may occur from March 24,
2008 through February 27, 2009 and are intended to be disclosed publicly
through
Form 144 and Form 4 filings with the Securities and Exchange Commission
as
required.
On
March
7, 2008, William R. Gooden, Senior Vice President and Controller, of CommScope,
entered into a stock trading plan, intended to qualify for the safe harbor
under
Rule 10b5-1. Under the plan, Mr. Gooden authorized the sale of up to
20,000 shares of CommScope common stock owned by Mr. Gooden, all of which
are
issuable upon the exercise of stock options. The plan provides for
sales of up to specified numbers of shares within specified price ranges,
subject to certain limitations. Sales pursuant to this plan may occur
from May 15, 2008 through May 14, 2009 and are intended to be disclosed
publicly
through Form 144 and Form 4 filings with the Securities and Exchange Commission
as required.
On
March
7, 2008, James R. Hughes, Executive Vice President, Broadband—Sales and
Marketing, of CommScope, entered into a stock trading plan, intended to
qualify
for the safe harbor under Rule 10b5-1. Under the plan, Mr. Hughes
authorized the sale of up to 21,987 shares of CommScope common stock owned
by
Mr. Hughes, all of which are issuable upon the exercise of stock
options. The plan provides for sales of up to specified numbers of
shares within specified price ranges, subject to certain
limitations. Sales pursuant to this plan may occur from March 24,
2008 through February 27, 2009 and are intended to be disclosed publicly
through
Form 144 and Form 4 filings with the Securities and Exchange Commission
as
required.
Except
as
may be required by law, CommScope does not undertake to report future stock
trading plans by its officers or directors, nor to report modifications,
terminations, transactions or other activities under the stock trading
plans of
Messrs. Garrett, Wyatt, Story, Gooden and Hughes or of any other officer
or
director.