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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P align="center"><FONT size="2"><B>As filed with the Securities and
Exchange Commission on August&nbsp;13, 2002</B></FONT>

<P align="right"><FONT size="2">Registration No. ____________</FONT>

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<P align="center"><FONT size="2"><B>SECURITIES AND EXCHANGE COMMISSION</B></FONT>




<P align="center"><FONT size="2"><B>Washington, D.C. 20549</B></FONT>


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<P align="center"><FONT size="2"><B>Form&nbsp;S-8</B></FONT>




<P align="center"><FONT size="2"><B>Registration Statement<BR>
Under the<BR>
Securities Act of 1933</B></FONT>


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<P align="center"><FONT size="2"><B>COMPUTER NETWORK TECHNOLOGY CORPORATION</B><BR>
(Exact Name of Registrant as Specified in Its Charter)</FONT>




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        <TD width="45%">&nbsp;</TD>
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        <TD align="center" valign="top"><FONT size="2"><B>Minnesota</B><BR>
(State or Other Jurisdiction of<BR>
Incorporation or Organization)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2"><B>41-1356476</B><BR>
(I.R.S. Employer<BR>
Identification No.)</FONT></TD>
</TR>

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        <TD width="51%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="44%">&nbsp;</TD>
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        <TD align="center" valign="top"><FONT size="2"><B>6000 Nathan Lane North<BR>
Minneapolis, Minnesota</B><BR>
(Address of Principal Executive Offices)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="bottom"><FONT size="2"><B>55442</B><BR>
(Zip Code)</FONT></TD>
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<P align="center"><FONT size="2"><B>401(K)&nbsp;SALARY SAVINGS PLAN</B><BR>
(Full Title of the Plan)</FONT>




<P align="center"><FONT size="2"><B>Gregory T. Barnum<BR>
Chief Financial Officer<BR>
Computer Network Technology Corporation<BR>
6000 Nathan Lane North<BR>
Minneapolis, Minnesota 55442<BR>
(Name and Address of Agent for Service)</B></FONT>




<P align="center"><FONT size="2"><B>(763)&nbsp;268-6000</B><BR>
(Telephone Number, Including Area Code, of Agent for Service)</FONT>




<P align="center"><FONT size="2"><B>CALCULATION OF REGISTRATION FEE</B></FONT>


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        <TD width="10%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="2%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="7%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="8%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="1%">&nbsp;</TD>
        <TD width="4%">&nbsp;</TD>
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        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Proposed</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Proposed</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
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        <TD><FONT size="1">&nbsp;</FONT></TD>
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        <TD nowrap align="center"><FONT size="1"><B>Title of Securities</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Amount to be</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Maximum Offering</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Maximum Aggregate</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="6"><FONT size="1"><B>Amount of</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
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        <TD nowrap align="center"><FONT size="1"><B>to be Registered</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Registered (1)</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Price Per Share (2)</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="2"><FONT size="1"><B>Offering Price (2)</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center" colspan="6"><FONT size="1"><B>Registration Fee</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
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        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD colspan="2"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
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        <TD><FONT size="2">Common Stock,
par value $0.01
per share
(including
preferred share
purchase rights)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="center"><FONT size="2">800,000<BR> shares</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="center"><FONT size="2">$ 5.28</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="center"><FONT size="2">$ 4,224,000</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">$ 388.61</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR><TD>&nbsp;</td></tr>
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        <TD><DIV style="margin-left:10px; text-indent:-10px"><FONT size="2">Interests in the
401(K) Plan</FONT></DIV></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="center"><FONT size="2">Indeterminate</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">N/A</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">N/A</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right"><FONT size="2">N/A</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
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      <TD width="1%" align="left" nowrap><FONT size="2">(1)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">This Registration Statement relates to an additional 800,000 shares of
common stock to be registered pursuant to the 401(K) Salary Savings Plan,
for which shares have previously been registered pursuant to the
Registrant&#146;s Registration Statement Nos. 333-88209, 33-42750 and 333-44482.
The shares registered pursuant to this Registration Statement are
purchased in the open market. Accordingly, the number of shares being
registered are an estimate. The shares registered pursuant to this
Registration Statement as well as existing shares held by the Plan
on behalf of participants are subject to market risk. As the shares
are traded in the open market, the value of the shares may fluctuate.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
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      <TD width="1%" align="left" nowrap><FONT size="2">(2)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">Estimated solely for the purpose of determining the registration fee
pursuant to Rule&nbsp;457(h) under the Securities Act of 1933, based on the
average of the high and low sale prices per share of the Registrant&#146;s
Common Stock as reported on the NASDAQ National Market System on August&nbsp;12, 2002. No fee is paid for the interests in the employee benefit plan
described herein pursuant to Rule&nbsp;457 (h).</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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      <TD width="1%" align="left" nowrap><FONT size="2">(3)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">Pursuant to Rule&nbsp;416 under the Securities Act of 1933, this Registration
Statement covers an indeterminate amount of
interests to be offered or sold pursuant to the employee benefit plan
described herein.</FONT></TD>
</TR>
</TABLE>


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<A name="toc"><DIV align="CENTER" style="page-break-before:always"><U><B>TABLE OF CONTENTS</B></U></DIV></A>

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<TR><TD colspan="9"><A HREF="#000">PART II</A></TD></TR>
<TR><TD colspan="9"><A HREF="#001">INFORMATION REQUIRED BY GENERAL INSTRUCTION E TO FORM S-8</A></TD></TR>
<TR><TD colspan="9"><A HREF="#002">SIGNATURES</A></TD></TR>
<TR><TD colspan="9"><A HREF="#003">INDEX TO EXHIBITS</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70976exv23w1.txt">EX-23.1 Consent of Grant Thornton LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70976exv23w2.txt">EX-23.2 Consent of KPMG LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70976exv24w1.txt">EX-24.1 Power of Attorney of Thomas G. Hudson</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70976exv24w2.txt">EX-24.2 Power of Attorney of Jeffrey A. Bertelsen</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70976exv24w3.txt">EX-24.3 Power of Attorney of Patrick W. Gross</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70976exv24w4.txt">EX-24.4 Power of Attorney of Erwin A. Kelen</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70976exv24w5.txt">EX-23.5 Power of Attorney of Lawrence A. McLernon</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70976exv24w6.txt">EX-24.6 Power of Attorney of John A. Rollwagen</A></TD></TR>
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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>






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<DIV align="left"><A NAME="000"></A></DIV>
<P align="center"><FONT size="2"><B>PART II</B>
</FONT>

<!-- link1 "INFORMATION REQUIRED BY GENERAL INSTRUCTION E TO FORM S-8" -->
<DIV align="left"><A NAME="001"></A></DIV>
<P align="center"><FONT size="2"><B>INFORMATION REQUIRED BY GENERAL INSTRUCTION E TO FORM S-8</B>
</FONT>

<P>
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<TR valign="top">
        <TD width="1%" align="left" nowrap><FONT size="2"><B>1.</B></FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2"><B>Incorporation of Documents by Reference.</B></FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">The contents of the Registrant&#146;s Registration Statement Nos. 333-88209,
33-42750 and 333-44482 are incorporated in this Registration Statement by
reference.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="1%" align="left" nowrap><FONT size="2"><B>2.</B></FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2"><B>Exhibits.</B></FONT></TD>
</TR>
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        <TD><FONT size="2">&nbsp;</FONT></TD>
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        <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="96%"><FONT size="2">The Exhibit&nbsp;Index immediately preceding the Exhibits is incorporated
herein by reference. The Company will submit or has submitted the
Amended and Restated 401(K) Salary Savings Plan (the &#147;Plan&#148;) and any
amendment thereto to the Internal Revenue Service (the &#147;IRS&#148;) in a timely
manner and has made or will make all changes by the IRS in order to
qualify the Plan. In addition, the shares registered pursuant to this
Registration Statement are purchased in the open market and are not
original issuance securities. Accordingly, in accordance with Item&nbsp;8 of
Form&nbsp;S-8, the Exhibits do not include an opinion regarding legality.</FONT></TD>
</TR>
</TABLE>


<P align="center"><FONT size="2">II-1</FONT>

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<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>




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<DIV align="left"><A NAME="002"></A></DIV>
<P align="center"><FONT size="2"><B>SIGNATURES</B>
</FONT>

<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form&nbsp;S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Minneapolis, State of Minnesota, on August&nbsp;13, 2002.

</FONT>


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        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" colspan="2" valign="top" nowrap><FONT size="2">
COMPUTER NETWORK TECHNOLOGY CORPORATION</FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD valign="top"><FONT size="2">By:</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
/s/ Gregory T. Barnum</FONT></TD>
</TR>
<TR>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
<HR size="1" noshade></FONT></TD>
</TR>
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        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Gregory T. Barnum, Chief Financial Officer</FONT></TD>
</TR>
</TABLE>
</CENTER>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Each of the undersigned officers and directors of Computer Network
Technology Corporation hereby appoints Gregory T. Barnum as attorney and agent
for the undersigned, with full power of substitution, for and in the name,
place and stead of the undersigned, to sign and file with the Securities and
Exchange Commission under the Securities Act of 1933, as amended, any and all
amendments (including post-effective amendments) and exhibits to this
Registration Statement and any and all applications and instruments pertaining
to the registration of the securities covered hereby, with full power and
authority to do and perform any and all acts and things whatsoever requisite
and necessary or desirable.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed below by the following persons in
the capacities and on the dates indicated.

</FONT>


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        <TD nowrap align="center"><FONT size="1"><B>Signature</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Title</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="left"><FONT size="1"><DIV STYLE="margin-left:35px; text-indent:-0px"><B>Date</B></div></FONT></TD>
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        <TD nowrap align="center"><HR size="1" noshade width="50"></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
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        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="left"><DIV STYLE="margin-left:25px; text-indent:-0px"><HR size="1" noshade width="50"></div></TD>
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        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Thomas G. Hudson
<HR size="1" noshade>
Thomas G. Hudson</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Chairman, President and
Chief Executive Officer
(Principal Executive
Officer) and Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;13, 2002</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Gregory T. Barnum
<HR size="1" noshade>
Gregory T. Barnum</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Chief Financial Officer<BR>
(Principal Financial<BR>
Officer)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;13, 2002</FONT></TD>

</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">/s/ Jeffrey A. Bertelsen
<HR size="1" noshade>
Jeffrey A. Bertelsen</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Corporate Controller and
Treasurer (Principal
Accounting Officer)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;13, 2002</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR>
        <TD valign="top"><FONT size="2">/s/ Patrick W. Gross*
<HR size="1" noshade>
Patrick W. Gross</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;13, 2002</FONT></TD>

</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR>
        <TD valign="top"><FONT size="2">/s/ Erwin A. Kelen*
<HR size="1" noshade>
Erwin A. Kelen</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;13, 2002</FONT></TD>

</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR>
        <TD valign="top"><FONT size="2">/s/ Lawrence A. McLernon*
<HR size="1" noshade>
Lawrence A. McLernon</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;13, 2002</FONT></TD>

</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR>
        <TD valign="top"><FONT size="2">/s/ John A. Rollwagen*
<HR size="1" noshade>
John A. Rollwagen</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">August&nbsp;13, 2002</FONT></TD>

</TR>
</TABLE>
</CENTER>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="32%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="63%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">* By /s/ Gregory T. Barnum</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2"></FONT></TD>
</TR>
<TR>
        <TD valign="top"><HR size="1" noshade></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">Attorney-in-fact</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">II-2</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<P><FONT size="2">Pursuant to the requirements of the Securities Act of 1933, the trustees (or
other persons who administer the employee benefit plan) have duly caused this
registration statement to be signed on behalf of the undersigned, thereunto
duly authorized, in the city of Minneapolis, state of Minnesota, on August&nbsp;13, 2002.

</FONT>


<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="50%">&nbsp;</TD>
        <TD width="50%">&nbsp;</TD>

</TR>
<TR valign="bottom">
<td>&nbsp;</td>
        <TD valign="top" nowrap><FONT size="2">COMPUTER NETWORK TECHNOLOGY CORPORATION<BR>
<center>401(K) SALARY SAVINGS PLAN</center></FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
<td>&nbsp;</td>

        <TD valign="top"><FONT size="2">BY:&nbsp;&nbsp;COMPUTER NETWORK TECHNOLOGY CORPORATION<BR>
<center>PLAN ADMINISTRATOR</center></FONT></TD>
</TR>
</TABLE>
</CENTER>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="8%">&nbsp;</TD>
        <TD width="14%">&nbsp;</TD>
        <TD width="16%">&nbsp;</TD>
        <TD width="14%">&nbsp;</TD>
        <TD width="48%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="right" valign="top"><FONT size="2">BY:&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;/s/ Gregory T. Barnum</FONT></TD>
</TR>
<TR>
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>

                <TD align="center" nowrap colspan="2"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">Name: Gregory T. Barnum
<br>Title: Chief Financial Officer</FONT></TD>
</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">II-3</FONT>

<!-- PAGEBREAK -->
<P><HR noshade><P>
<H5 align="left" style="page-break-before:always"><A HREF="#toc">Table of Contents</A></H5><P>

<!-- link1 "INDEX TO EXHIBITS" -->
<DIV align="left"><A NAME="003"></A></DIV>
<P align="center"><FONT size="2"><B>INDEX TO EXHIBITS</B>
</FONT>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="85%">
<TR valign="bottom">
        <TD width="6%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="67%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="21%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B>Exhibit</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><FONT size="1"><B>Page</B></FONT></TD>
</TR>
<TR valign="bottom">
        <TD nowrap align="center"><HR size="1" noshade></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="center"><HR size="1" noshade></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">23.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Consent of Grant Thornton LLP
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">Electronically Filed</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">23.2</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Consent of KPMG LLP
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">Electronically Filed</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">24.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Power of Attorney of Thomas G. Hudson
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">Electronically Filed</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">24.2</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Power of Attorney of Jeffrey A. Bertelsen
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">Electronically Filed</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">24.3</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Power of Attorney of Patrick W. Gross
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">Electronically Filed</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">24.4</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Power of Attorney of Erwin A. Kelen
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">Electronically Filed</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">24.5</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Power of Attorney of Lawrence A. McLernon
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">Electronically Filed</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">24.6</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Power of Attorney of John A. Rollwagen
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">Electronically Filed</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2">99.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Amended and Restated 401(K) Salary Savings Plan (Incorporated by
reference to Exhibit&nbsp;10.19 to Report on Form&nbsp;8-K filed on
August 5,
2002)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">&nbsp;</FONT></TD>
</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">II-4</FONT>

</BODY>
</HTML>
[{"type": "S-8", "sequence": "1", "filename": "c70976sv8.htm", "description": "FORM S-8", "secsgml_size_bytes": 32374}]
{"company-data": {"conformed-name": "COMPUTER NETWORK TECHNOLOGY CORP", "cik": "0000701319", "assigned-sic": "3576", "irs-number": "411356476", "state-of-incorporation": "MN", "fiscal-year-end": "0131"}, "filing-values": {"form-type": "S-8", "act": "33", "file-number": "333-98055", "film-number": "02731288"}, "business-address": {"street1": "6000 NATHAN LANE NORTH", "city": "MINNEAPOLIS", "state": "MN", "zip": "55442", "phone": "7632686000"}, "mail-address": {"street1": "605 NORTH HIGHWAY 169", "street2": "STE 800", "city": "MINNEAPOLIS", "state": "MN", "zip": "55441"}, "former-company": {"former-conformed-name": "CANCOM INC", "date-changed": "19840314"}}
Computer Network Technology Corporation
Table of Contents
As filed with the Securities and
Exchange Commission on August 13, 2002
Registration No. ____________
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form S-8
Registration Statement
Under the
Securities Act of 1933
COMPUTER NETWORK TECHNOLOGY CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
Minnesota
(State or Other Jurisdiction of
Incorporation or Organization)
41-1356476
(I.R.S. Employer
Identification No.)
6000 Nathan Lane North
Minneapolis, Minnesota
(Address of Principal Executive Offices)
55442
(Zip Code)
401(K) SALARY SAVINGS PLAN
(Full Title of the Plan)
Gregory T. Barnum
Chief Financial Officer
Computer Network Technology Corporation
6000 Nathan Lane North
Minneapolis, Minnesota 55442
(Name and Address of Agent for Service)
(763) 268-6000
(Telephone Number, Including Area Code, of Agent for Service)
CALCULATION OF REGISTRATION FEE
Proposed
Proposed
Title of Securities
Amount to be
Maximum Offering
Maximum Aggregate
Amount of
to be Registered
Registered (1)
Price Per Share (2)
Offering Price (2)
Registration Fee
Common Stock,
par value $0.01
per share
(including
preferred share
purchase rights)
800,000
shares
$ 5.28
$ 4,224,000
$ 388.61
Interests in the
401(K) Plan
Indeterminate
N/A
N/A
N/A
(1)
This Registration Statement relates to an additional 800,000 shares of
common stock to be registered pursuant to the 401(K) Salary Savings Plan,
for which shares have previously been registered pursuant to the
Registrant's Registration Statement Nos. 333-88209, 33-42750 and 333-44482.
The shares registered pursuant to this Registration Statement are
purchased in the open market. Accordingly, the number of shares being
registered are an estimate. The shares registered pursuant to this
Registration Statement as well as existing shares held by the Plan
on behalf of participants are subject to market risk. As the shares
are traded in the open market, the value of the shares may fluctuate.
(2)
Estimated solely for the purpose of determining the registration fee
pursuant to Rule 457(h) under the Securities Act of 1933, based on the
average of the high and low sale prices per share of the Registrant's
Common Stock as reported on the NASDAQ National Market System on August 12, 2002. No fee is paid for the interests in the employee benefit plan
described herein pursuant to Rule 457 (h).
(3)
Pursuant to Rule 416 under the Securities Act of 1933, this Registration
Statement covers an indeterminate amount of
interests to be offered or sold pursuant to the employee benefit plan
described herein.
TABLE OF CONTENTS
PART II
INFORMATION REQUIRED BY GENERAL INSTRUCTION E TO FORM S-8
SIGNATURES
INDEX TO EXHIBITS
EX-23.1 Consent of Grant Thornton LLP
EX-23.2 Consent of KPMG LLP
EX-24.1 Power of Attorney of Thomas G. Hudson
EX-24.2 Power of Attorney of Jeffrey A. Bertelsen
EX-24.3 Power of Attorney of Patrick W. Gross
EX-24.4 Power of Attorney of Erwin A. Kelen
EX-23.5 Power of Attorney of Lawrence A. McLernon
EX-24.6 Power of Attorney of John A. Rollwagen
Table of Contents
PART II
INFORMATION REQUIRED BY GENERAL INSTRUCTION E TO FORM S-8
1.
Incorporation of Documents by Reference.
The contents of the Registrant's Registration Statement Nos. 333-88209,
33-42750 and 333-44482 are incorporated in this Registration Statement by
reference.
2.
Exhibits.
The Exhibit Index immediately preceding the Exhibits is incorporated
herein by reference. The Company will submit or has submitted the
Amended and Restated 401(K) Salary Savings Plan (the "Plan") and any
amendment thereto to the Internal Revenue Service (the "IRS") in a timely
manner and has made or will make all changes by the IRS in order to
qualify the Plan. In addition, the shares registered pursuant to this
Registration Statement are purchased in the open market and are not
original issuance securities. Accordingly, in accordance with Item 8 of
Form S-8, the Exhibits do not include an opinion regarding legality.
II-1
Table of Contents
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended,
the Registrant certifies that it has reasonable grounds to believe that it
meets all of the requirements for filing on Form S-8 and has duly caused this
Registration Statement to be signed on its behalf by the undersigned, thereunto
duly authorized, in the City of Minneapolis, State of Minnesota, on August 13, 2002.
COMPUTER NETWORK TECHNOLOGY CORPORATION
By:
/s/ Gregory T. Barnum
Gregory T. Barnum, Chief Financial Officer
Each of the undersigned officers and directors of Computer Network
Technology Corporation hereby appoints Gregory T. Barnum as attorney and agent
for the undersigned, with full power of substitution, for and in the name,
place and stead of the undersigned, to sign and file with the Securities and
Exchange Commission under the Securities Act of 1933, as amended, any and all
amendments (including post-effective amendments) and exhibits to this
Registration Statement and any and all applications and instruments pertaining
to the registration of the securities covered hereby, with full power and
authority to do and perform any and all acts and things whatsoever requisite
and necessary or desirable.
Pursuant to the requirements of the Securities Act of 1933, as amended,
this Registration Statement has been signed below by the following persons in
the capacities and on the dates indicated.
Signature
Title
Date
/s/ Thomas G. Hudson
Thomas G. Hudson
Chairman, President and
Chief Executive Officer
(Principal Executive
Officer) and Director
August 13, 2002
/s/ Gregory T. Barnum
Gregory T. Barnum
Chief Financial Officer
(Principal Financial
Officer)
August 13, 2002
/s/ Jeffrey A. Bertelsen
Jeffrey A. Bertelsen
Corporate Controller and
Treasurer (Principal
Accounting Officer)
August 13, 2002
/s/ Patrick W. Gross*
Patrick W. Gross
Director
August 13, 2002
/s/ Erwin A. Kelen*
Erwin A. Kelen
Director
August 13, 2002
/s/ Lawrence A. McLernon*
Lawrence A. McLernon
Director
August 13, 2002
/s/ John A. Rollwagen*
John A. Rollwagen
Director
August 13, 2002
* By /s/ Gregory T. Barnum
Attorney-in-fact
II-2
Table of Contents
Pursuant to the requirements of the Securities Act of 1933, the trustees (or
other persons who administer the employee benefit plan) have duly caused this
registration statement to be signed on behalf of the undersigned, thereunto
duly authorized, in the city of Minneapolis, state of Minnesota, on August 13, 2002.
COMPUTER NETWORK TECHNOLOGY CORPORATION
401(K) SALARY SAVINGS PLAN
BY:  COMPUTER NETWORK TECHNOLOGY CORPORATION
PLAN ADMINISTRATOR
BY:
/s/ Gregory T. Barnum
Name: Gregory T. Barnum
Title: Chief Financial Officer
II-3
Table of Contents
INDEX TO EXHIBITS
Exhibit
Page
23.1
Consent of Grant Thornton LLP
Electronically Filed
23.2
Consent of KPMG LLP
Electronically Filed
24.1
Power of Attorney of Thomas G. Hudson
Electronically Filed
24.2
Power of Attorney of Jeffrey A. Bertelsen
Electronically Filed
24.3
Power of Attorney of Patrick W. Gross
Electronically Filed
24.4
Power of Attorney of Erwin A. Kelen
Electronically Filed
24.5
Power of Attorney of Lawrence A. McLernon
Electronically Filed
24.6
Power of Attorney of John A. Rollwagen
Electronically Filed
99.1
Amended and Restated 401(K) Salary Savings Plan (Incorporated by
reference to Exhibit 10.19 to Report on Form 8-K filed on
August 5,
2002)
II-4