Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On April 23, 2009, the Board of Directors of TranS1 Inc. ("TranS1") approved
an amendment to TranS1's 2007 Stock Incentive Plan (the "2007 Plan") to increase
the number of shares reserved for issuance thereunder by 600,000 shares, or from
1,400,000 shares to 2,000,000 shares, subject to stockholder approval. On
June 3, 2009, at TranS1's 2009 Annual Meeting of Stockholders, the stockholders
approved the increase in the number of shares reserved for issuance under the
2007 Plan to 2,000,000 shares.
The foregoing description of the amendment to the 2007 Plan does not purport
to be complete and is qualified in its entirety by reference to the as amended
version of the 2007 Plan, which is attached as Appendix A to TranS1's proxy
statement on Schedule 14A, which was filed with the Securities and Exchange
Commission on April 30, 2009, and is incorporated herein by reference.
Signatures
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.
TRANS1 INC.
June 4, 2009 By: /s/ Michael Luetkemeyer
Michael Luetkemeyer
Chief Financial Officer
