UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
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DATE OF REPORT: JUNE 10, 2003
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(DATE OF EARLIEST EVENT REPORTED)
TECHTEAM GLOBAL, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
DELAWARE 0-16284 38-2774613
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(STATE OR OTHER JURISDICTION (COMMISSION (I.R.S. EMPLOYER
OF INCORPORATION) FILE NUMBER) IDENTIFICATION NUMBER)
27335 WEST 11 MILE ROAD
SOUTHFIELD, MICHIGAN 48034
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(ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) (ZIP CODE)
(248) 357-2866
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(REGISTRANT'S TELEPHONE NUMBER, INCLUDING AREA CODE)
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(a) Financial statements of business acquired.
Not applicable.
(b) Pro forma financial information.
Not applicable.
(c) Exhibits. The following exhibit is being filed herewith:
(99) Notice of Blackout Period, dated June 10,
2003, to the Directors and Executive Officers
of TechTeam Global, Inc.
ITEM 11. TEMPORARY SUSPENSION OF TRADING UNDER REGISTRANT'S EMPLOYEE
BENEFIT PLANS.
TechTeam Global, Inc. ("TechTeam") has advised participants
in the [TechTeam Global, Inc. 401(k) Savings Plan] (the "Plan")
that there will be a blackout period beginning on June 25, 2003
and ending on August 11, 2003.
TechTeam security holders and other interested persons may
obtain, without charge, additional information regarding the
blackout period by contacting Michael A. Sosin, V.P., General
Counsel, TechTeam Global, Inc., 27335 West 11 Mile Road,
Southfield, Michigan 48034, (248) 213-2866.
The blackout period is necessary for administrative reasons
arising out of the transfer of Plan assets in connection with the
appointment of a new third-party administrator. The blackout
period will provide time to transfer the assets and liabilities
of the Plan and to ensure a complete and accurate transfer of
Plan data.
On June 10, 2003, TechTeam sent a notice to its executive
officers and directors informing them that a blackout period will
be in effect beginning on June 25, 2003 and ending on or before
August 11, 2003 and restricting them from purchasing, acquiring,
selling or otherwise transferring equity securities of TechTeam.
A copy of the notice provided to the Company's directors and
executive officers is filed hereto as Exhibit 99 and incorporated
by reference herein.
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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 thereunto duly authorized.
TECHTEAM GLOBAL, INC.
By:/s/ Michael A. Sosin
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Michael A. Sosin
Secretary
Date: June 10, 2003
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EXHIBIT INDEX
Exhibit
Number Description
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99 Notice of Blackout Period, dated June 10, 2003, to the
Directors and Executive Officers of TechTeam Global, Inc.