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					                               PALM INC



                                 FORM 8-K
                                 (Current report filing)




Filed 04/16/10 for the Period Ending 04/12/10


  Address          950 W. MAUDE AVENUE
                   SUNNYVALE, CA 94085
Telephone          4086177000
        CIK        0001100389
    Symbol         PALM
 SIC Code          3575 - Computer Terminals
   Industry        Computer Hardware
     Sector        Technology
Fiscal Year        06/02




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                                     UNITED STATES
                         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): April 12, 2010


                                                                     Palm, Inc.
                                                   (Exact name of registrant as specified in its charter)

                    Delaware                                                    000-29597                                           94-3150688
             (State or other jurisdiction                                (Commission File Number)                                (I.R.S. Employer
                  of incorporation)                                                                                           Identification Number)

           950 W. Maude Avenue, Sunnyvale, California                                                                   94085
                     (Address of principal executive offices)                                                          (Zip Code)

                                                                           (408) 617-7000
                                                            Registrant’s telephone number, including area code

                                                                                  N/A
                                                      (Former name or former address, if changed since last report.)


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of
the following provisions (see General Instruction A.2 below):
     Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
     Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
     Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
     Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02(b)    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
                Arrangements of Certain Officers
On April 12, 2010, Michael R. Abbott, Senior Vice President of Software and Services, submitted his resignation from Palm, Inc. (“Palm” or
the “Company”), and his employment with the Company is expected to terminate effective April 23, 2010.

Item 5.02(e)    Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory
                Arrangements of Certain Officers
Palm is implementing a retention program for certain key employees, including executive officers. The program includes equity awards and
cash bonuses to be earned over a two year period provided that the individuals remain as employees of the Company. As part of this program,
Jeffrey P. Devine, Palm’s Senior Vice President of Global Operations, and Douglas C. Jeffries, Palm’s Senior Vice President and Chief
Financial Officer, each received a grant of restricted stock units pursuant to Palm’s 2009 Stock Plan and a cash bonus of $250,000.
                                                                     2
                                                                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.

                                                                                    PALM, INC.

Date: April 16, 2010                                                                                   /s/   M ARY E. D OYLE
                                                                                                                Mary E. Doyle
                                                                                             Senior Vice President, General Counsel and Secretary

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