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<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>



<p>&nbsp;
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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>



<p>&nbsp;
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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 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>
<tr><td>&nbsp;</td></tr>
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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>2002 STOCK AWARD 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 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>
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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="2"><FONT size="1"><B>Amount of</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
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<TR valign="bottom">
        <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="2"><FONT size="1"><B>Registration Fee</B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
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        <TD><FONT size="2">Common Stock,
par value $0.01
per share
(including
preferred share purchase rights)</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" colspan="2"><FONT size="2">1,000,000<BR>shares&nbsp;&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="center"><FONT size="2">$ 5.28</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="center"><FONT size="2">$ 5,280,000</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD colspan="3" align="center"><FONT size="2">$ 485.76</FONT></TD>
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<P>
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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 1,000,000 shares of common stock
to be registered pursuant to the 2002 Stock Award Plan.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
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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
12, 2002.</FONT></TD>
</TR>
</TABLE>


<P align="center"><FONT size="2">&nbsp;</FONT>

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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 IN THE REGISTRATION STATEMENT</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="c70977exv5w1.txt">EX-5.1 Opinion of Leonard, Street and Deinard</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70977exv23w2.txt">EX-23.2 Consent of KPMG LLP</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70977exv24w1.txt">EX-24.1 Power of Attorney of Thomas G. Hudson</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70977exv24w2.txt">EX-24.2 Power of Attorney of Jeffrey A. Bertelsen</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70977exv24w3.txt">EX-24.3 Power of Attorney of Patrick W. Gross</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70977exv24w4.txt">EX-24.4 Power of Attorney of Erwin A. Kelen</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70977exv24w5.txt">EX-24.5 Power of Attorney of Lawrence A. McLernon</A></TD></TR>
<TR><TD colspan="9"><A HREF="c70977exv24w6.txt">EX-24.6 Power of Attorney of John A. Rollwagen</A></TD></TR>
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<P align="center"><FONT size="2"><B>PART II</B></FONT>


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<P align="center"><FONT size="2"><B>INFORMATION REQUIRED IN THE REGISTRATION STATEMENT</B></FONT>




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<TR valign="bottom">
        <TD valign="top"><FONT size="2"><B>Item&nbsp;3.</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
<B>Incorporation of Documents by Reference.</B></FONT></TD>
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<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The following documents have been filed with the Commission by the
Registrant, and are incorporated herein by reference and made a part hereof:

</FONT>


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        <TD width="6%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="90%"><FONT size="2">The Annual Report on Form&nbsp;10-K of Computer
Network Technology Corporation (the &#147;Company&#148;), for the fiscal
year ended January&nbsp;31, 2002, filed pursuant to Section&nbsp;13 (a)
or 15 (d)&nbsp;of the Exchange Act.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">All other reports filed pursuant to Section&nbsp;13
(a)&nbsp;or Section&nbsp;15 (d)&nbsp;of the Exchange Act since the end of the
fiscal year covered by the annual report referred to in (a)
above.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The description of the Company&#146;s Common Stock to
be offered hereby contained in the Registration Statements on
Form&nbsp;8-A dated November&nbsp;15, 1985 and July&nbsp;29, 1998 filed under
the Exchange Act, including any amendment or report filed for
the purpose of updating such description.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">The description of the Company&#146;s preferred stock
purchase rights contained in the Registration Statement on
Form&nbsp;8-A dated July&nbsp;29, 1998, including any amendment or
report filed for the purpose of updating such description.</FONT></TD>
</TR>
</TABLE>
<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;All documents filed by the Company with the Commission pursuant to
Sections&nbsp;13(a), 13(c), 14 and 15(d) of the Exchange Act subsequent to the date
of this Registration Statement, and prior to the filing of a post-effective
amendment which indicates that all of the shares of Common Stock offered by
this Registration Statement have been sold or which deregisters all such shares
of Common Stock then remaining unsold shall be deemed to be incorporated by
reference in and to be a part of this Registration Statement from, the date of
filing of such documents.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Any statement contained in a document incorporated, or deemed to be
incorporated, by reference herein shall be deemed to be modified or superseded
for purposes of this Registration Statement to the extent that a statement
contained herein or incorporated herein by reference or in any other
subsequently filed document that also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any statement so
modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this Registration Statement.

</FONT>


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        <TD width="5%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="90%">&nbsp;</TD>
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<TR valign="bottom">
        <TD valign="top"><FONT size="2"><B>Item&nbsp;4.</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
<B>Description of Securities.</B></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>
</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">
Not applicable</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">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2"><B>Item&nbsp;5.</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
<B>Interests of Named Experts and Counsel.</B></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>
</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">
Not applicable</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">&nbsp;</FONT></TD>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2"><B>Item&nbsp;6.</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
<B>Indemnification of Directors and Officers.</B></FONT></TD>
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<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless prohibited in a corporation&#146;s articles or bylaws, Minnesota
Statutes, Section&nbsp;302A.521 requires indemnification of officers, directors,
employees and agents, under certain circumstances, against judgments,
penalties, fines, settlements and reasonable expenses (including attorneys&#146;
fees and disbursements) incurred by such person in connection with a threatened
or pending proceeding with respect to the acts or omissions of such person in
his official capacity. The general effect of Minnesota Statutes, Section
302A.521 is to reimburse (or pay on behalf

</FONT>


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

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<P><FONT size="2">of) directors and officers of the Registrant any personal liability that may be
imposed for certain acts performed in their capacity as directors and officers
of the Registrant, except where such persons have not acted in good faith.

</FONT>


<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;As permitted by the Minnesota Business Corporation Act, the Articles of
Incorporation of the Company eliminate the liability of our directors for
monetary damages arising from any breach of fiduciary duties as a member of our
board of directors (except as expressly prohibited by Minnesota Statutes,
Section&nbsp;302A.251, subd. 4).

</FONT>


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        <TD width="5%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="90%">&nbsp;</TD>
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<TR valign="bottom">
        <TD valign="top"><FONT size="2"><B>Item&nbsp;7.</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
<B>Exemption from Registration Claimed.</B></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>
</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">
Not applicable.</FONT></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>
</TR>

<TR valign="bottom">
        <TD valign="top"><FONT size="2"><B>Item&nbsp;8.</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
<B>Exhibits.</B></FONT></TD>
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<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Unless otherwise indicated below as being incorporated by reference to
another filing of the Company with the Commission, each of the following
exhibits is filed herewith:

</FONT>


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        <TD width="7%">&nbsp;</TD>
        <TD width="8%">&nbsp;</TD>
        <TD width="85%">&nbsp;</TD>
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<TR valign="bottom">
        <TD nowrap align="center"><FONT size="1"><B><u>Exhibit</u></B></FONT></TD>
        <TD><FONT size="1">&nbsp;</FONT></TD>
        <TD nowrap align="left"><FONT size="1"><B><u>Description</u></B></FONT></TD>
</TR>
<tr><td>&nbsp;</td></tr>
<TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2">4.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
The Second Restated Articles of Incorporation of the Company (Incorporated by
reference to exhibits 3 (i)-1 and 3 (i)-2 to current report on Form&nbsp;8-K dated May&nbsp;25,
1999).</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2">4.2</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Bylaws of the Company (Incorporated by reference to Exhibit&nbsp;3 (ii)-1 to current
report on Form&nbsp;8-K dated May&nbsp;25, 1999).</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2">4.3</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Rights Agreement between the Company and Chase Mellon Shareholder Services, L.L.C., as
Rights Agent including the form of Rights Certificate and the Summary of Rights to
Purchase Preferred Shares. (Incorporated by reference Exhibit&nbsp;1 to Form&nbsp;8-A dated
July&nbsp;29, 1998 and Exhibit&nbsp;1 to Form&nbsp;8/A dated
November&nbsp;27, 2000).</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2">5.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Opinion of Leonard, Street and Deinard Professional Association</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2">23.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Consent of Leonard, Street and Deinard Professional Association to the filing of its
opinion as an exhibit to this Registration Statement (Included in
Exhibit&nbsp;5.1).</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><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>
</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><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>
</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><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>
</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><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>
</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><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>
</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><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>
</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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><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>
</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>

<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="7%">&nbsp;</TD>
        <TD width="8%">&nbsp;</TD>
        <TD width="85%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top" align="center"><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 2002 Stock Award Plan (Incorporated by reference to Exhibit
10.14 of Report on Form&nbsp;8-K filed on August 5, 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>
</TR>

<TR valign="bottom">
        <TD valign="top"  align="center"><FONT size="2">99.2</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Form of Incentive Stock Option Agreement for employees to be used in connection with
the Computer Network Technology Corporation Amended and Restated 2002 Stock Award
Plan (Incorporated by reference to Exhibit&nbsp;10.15 of Report on Form&nbsp;8-K filed on
August 5, 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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2">99.3</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Form of Non-Qualified Stock Option Agreement for employees to be used in connection
with the Computer Network Technology Corporation Amended and Restated 2002 Stock Award
Plan (Incorporated by reference to Exhibit&nbsp;10.16 of Report on Form&nbsp;8-K filed on August
5, 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>
</TR>

<TR valign="bottom">
        <TD valign="top"  align="center"><FONT size="2">99.4</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Form of Non-Qualified Stock Option Agreement for directors to be used in conjunction
with the Amended and Restated 2002 Stock Award Plan (Incorporated by reference to
Exhibit&nbsp;10.17 of Report on Form&nbsp;8-K filed on August
5, 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>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2">99.5</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Form of Restricted Stock Agreement to be used in connection with the Computer Network
Technology Corporation Amended and Restated 2002 Stock Award Plan (Incorporated by
reference to Exhibit&nbsp;10.18 of Report on Form&nbsp;8-K filed on
August 5, 2002).</FONT></TD>
</TR>
</TABLE>
</CENTER>

<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="5%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="90%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2"><B>Item&nbsp;9.</B></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
<B>Undertakings.</B></FONT></TD>
</TR>
</TABLE>



<P><FONT size="2">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;The undersigned Registrant hereby undertakes:

</FONT>


<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">1)</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">To file, during any period in which offers or sales are being
made, a post-effective amendment to this Registration Statement;</FONT></TD>
</TR>
</TABLE>
<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
        <TD width="7%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="89%"><FONT size="2">To include any prospectus required by section 10(a)
(3)&nbsp;of the Securities Act of 1933 (the &#147;Securities Act&#148;);</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">To reflect in the prospectus any facts or events
arising after the effective date of the Registration Statement
(or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental
change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or
decrease in the volume of securities offered (if the total
dollar value of securities offered would not exceed that which
was registered) and any deviation from the low or high end of
the estimated maximum offering range may be reflected in the
form of prospectus filed with the Commission pursuant to Rule
424(b) if, in the aggregate, the changes in volume and price
represent no more than a 20&nbsp;percent change in the maximum
aggregate offering price set forth in the &#147;Calculation of
Registration Fee&#148; table in the effective Registration
Statement;</FONT></TD>
</TR>
</TABLE>


<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>




<P>
<TABLE width="100%" border="0" cellpadding="0" cellspacing="0">
<TR valign="top">
        <TD width="7%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="89%"><FONT size="2">To include any material information with respect to
the plan of distribution not previously disclosed in the
Registration Statement or any material change to such
information in the Registration Statement;</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&nbsp;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">Provided, however, that the first and second paragraphs above do
not apply if the information required to be included in a
post-effective amendment by those paragraphs is contained in
periodic reports filed by the Registrants pursuant to section 13
or 15(d) of the Exchange Act that are incorporated by reference
in this Registration Statement.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">That, for purposes of determining any liability
under the Securities Act, each such post-effective amendment
shall be deemed to be a new Registration Statement relating to
the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona
fide offering thereof.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">To remove from registration by means of a
post-effective amendment any of the securities being registered
which remain unsold at the termination of the offering.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">That, for purposes of determining any liability
under the Securities Act, each filing of the registrant&#146;s
annual report pursuant to section 13 (a)&nbsp;or section 15 (d)&nbsp;of
the Exchange Act (and, where applicable, each filing of an
employee benefit plan&#146;s annual report pursuant to section 15
(d)&nbsp;of the Exchange Act) that is incorporated by reference in
the Registration Statement shall be deemed to be a new
Registration Statement relating to the securities offered
therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof.</FONT></TD>
</TR>
<TR>
        <TD><FONT size="2">&nbsp;</FONT></TD>
</TR>
<TR valign="top">
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="1%" align="left" nowrap><FONT size="2">&#149;</FONT></TD>
        <TD width="3%"><FONT size="2">&nbsp;</FONT></TD>
        <TD width="93%"><FONT size="2">Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to directors,
officers, and controlling persons of the Registrant pursuant to
the foregoing provisions, or otherwise, the Registrant has been
advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the
Securities Act and is, therefore, unenforceable. In the event
that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred
or paid by a director, officer or controlling person of the
Registrant in the successful defense of any action, suit or
preceding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the
Registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a
court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in
the Securities Act and will be governed by the final
adjudication of such issue.</FONT></TD>
</TR>
</TABLE>


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

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





<!-- link1 "SIGNATURES" -->
<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
July authorized, in the City of Minneapolis, State of Minnesota, on
August 13, 2002.

</FONT>


<P align="center"><FONT size="2">COMPUTER NETWORK TECHNOLOGY CORPORATION</FONT>




<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="55%">
<TR valign="bottom">
        <TD width="28%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="5%">&nbsp;</TD>
        <TD width="59%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2"></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">By:</FONT></TD>

        <TD align="left" valign="top" nowrap><FONT size="2">&nbsp;/s/ Gregory T. Barnum<BR>
</FONT><HR size="1" noshade><FONT size="2">&nbsp;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>



<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="27%">&nbsp;</TD>
        <TD width="15%">&nbsp;</TD>
        <TD width="24%">&nbsp;</TD>
        <TD width="15%">&nbsp;</TD>
        <TD width="19%">&nbsp;</TD>
</TR>

<TR valign="bottom">
        <TD valign="top" align="center"><FONT size="2"><b><u>Signature</u></b></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2"><b><u>Title</u></b></FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2"><b><u>Date</u></b></FONT></TD>
</TR>
<tr><td>&nbsp;</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">
President and Chief
Executive Officer
(Principal Executive
Officer) and Director
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">August&nbsp;13&nbsp;, 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
(Principal Financial
Officer)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="center" valign="top"><FONT size="2">August&nbsp;13&nbsp;, 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="center" valign="top"><FONT size="2">August&nbsp;13&nbsp;, 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="center" valign="top"><FONT size="2">August&nbsp;13&nbsp;, 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="center" valign="top"><FONT size="2">August&nbsp;13&nbsp;, 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="center" valign="top"><FONT size="2">August&nbsp;13&nbsp;, 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="center" valign="top"><FONT size="2">August&nbsp;13&nbsp;, 2002</FONT></TD>

</TR>
</TABLE>
</CENTER>
<CENTER>
<TABLE cellspacing="0" border="0" cellpadding="0" width="100%">
<TR valign="bottom">
        <TD width="5%">&nbsp;</TD>
        <TD width="30%">&nbsp;</TD>
        <TD width="65%">&nbsp;</TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">*</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
By /s/ Gregory T. Barnum<BR>
</FONT><HR size="1" noshade><FONT size="2">
Attorney-in-fact</FONT></TD>
<TD><FONT size="2">&nbsp;</FONT></TD>

</TR>
</TABLE>
</CENTER>


<P align="center"><FONT size="2">II-5</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="90%">
<TR valign="bottom">
        <TD width="6%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="73%">&nbsp;</TD>
        <TD width="3%">&nbsp;</TD>
        <TD width="15%">&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><FONT size="1">&nbsp;</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><FONT size="1">&nbsp;</FONT></TD>
</TR>
<TR valign="bottom">
        <TD valign="top"><FONT size="2">4.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
The Second Restated Articles of Incorporation of the Company (Incorporated by reference to
exhibits 3 (i)-1 and 3 (i)-2 to current report on Form&nbsp;8-K dated May&nbsp;25, 1999)</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">&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">4.2</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Bylaws of the Company (Incorporated by reference to Exhibit&nbsp;3 (ii)-1 to current report on Form
8-K dated May&nbsp;25, 1999)</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">&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">4.3</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Rights Agreement between the Company and Chase Mellon Shareholder Services, L.L.C., as Rights
Agent including the form of Rights Certificate and the Summary of Rights to Purchase Preferred
Shares (Incorporated by reference Exhibit&nbsp;1 to Form&nbsp;8-A dated July&nbsp;29, 1998 and Exhibit&nbsp;1 to
Form&nbsp;8/A dated November&nbsp;27, 2000)</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">&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">5.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Opinion of Leonard, Street and Deinard Professional Association
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" nowrap valign="top"><FONT size="2">Electronically Filed</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">23.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Consent of Leonard, Street and Deinard Professional Association
to the filing of its opinion as an exhibit to this Registration Statement
(Included in Exhibit&nbsp;5.1)
</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="bottom"><FONT size="2">Electronically Filed</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">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="left" valign="top"><FONT size="2">Electronically Filed</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">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="left" valign="top"><FONT size="2">Electronically Filed</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">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="left" valign="top"><FONT size="2">Electronically Filed</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">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="left" valign="top"><FONT size="2">Electronically Filed</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">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="left" valign="top"><FONT size="2">Electronically Filed</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">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="left" valign="top"><FONT size="2">Electronically Filed</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">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="left" valign="top"><FONT size="2">Electronically Filed</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">99.1</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Amended and Restated 2002 Stock Award Plan (Incorporated by reference to Exhibit&nbsp;10.14 of
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>

<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">99.2</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Form of Incentive Stock Option Agreement for employees to be used in connection with the
Computer Network Technology Corporation Amended and Restated 2002 Stock Award Plan
(Incorporated by reference to Exhibit&nbsp;10.15 of 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>

<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">99.3</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Form of Non-Qualified Stock Option Agreement for employees to be used in connection with the
Computer Network Technology Corporation Amended and Restated 2002 Stock Award Plan
(Incorporated by reference to Exhibit&nbsp;10.16 of 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>

<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">99.4</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Form of Non-Qualified Stock Option Agreement for directors to be used in conjunction with the
Amended and Restated 2002 Stock Award Plan (Incorporated by reference to Exhibit&nbsp;10.17 of
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>

<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">99.5</FONT></TD>
        <TD><FONT size="2">&nbsp;</FONT></TD>
        <TD align="left" valign="top"><FONT size="2">
Form of Restricted Stock Agreement to be used in connection with the Computer Network
Technology Corporation Amended and Restated 2002 Stock Award Plan (Incorporated by reference
to Exhibit&nbsp;10.18 of 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-6</FONT>

</BODY>
</HTML>
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{"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": "333-98053", "film-number": "02731269"}, "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)
2002 STOCK AWARD 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)
1,000,000
shares
$ 5.28
$ 5,280,000
$ 485.76
(1)
This Registration Statement relates to 1,000,000 shares of common stock
to be registered pursuant to the 2002 Stock Award Plan.
(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.
TABLE OF CONTENTS
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
SIGNATURES
INDEX TO EXHIBITS
EX-5.1 Opinion of Leonard, Street and Deinard
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-24.5 Power of Attorney of Lawrence A. McLernon
EX-24.6 Power of Attorney of John A. Rollwagen
Table of Contents
PART II
INFORMATION REQUIRED IN THE REGISTRATION STATEMENT
Item 3.
Incorporation of Documents by Reference.
The following documents have been filed with the Commission by the
Registrant, and are incorporated herein by reference and made a part hereof:
•
The Annual Report on Form 10-K of Computer
Network Technology Corporation (the "Company"), for the fiscal
year ended January 31, 2002, filed pursuant to Section 13 (a)
or 15 (d) of the Exchange Act.
•
All other reports filed pursuant to Section 13
(a) or Section 15 (d) of the Exchange Act since the end of the
fiscal year covered by the annual report referred to in (a)
above.
•
The description of the Company's Common Stock to
be offered hereby contained in the Registration Statements on
Form 8-A dated November 15, 1985 and July 29, 1998 filed under
the Exchange Act, including any amendment or report filed for
the purpose of updating such description.
•
The description of the Company's preferred stock
purchase rights contained in the Registration Statement on
Form 8-A dated July 29, 1998, including any amendment or
report filed for the purpose of updating such description.
All documents filed by the Company with the Commission pursuant to
Sections 13(a), 13(c), 14 and 15(d) of the Exchange Act subsequent to the date
of this Registration Statement, and prior to the filing of a post-effective
amendment which indicates that all of the shares of Common Stock offered by
this Registration Statement have been sold or which deregisters all such shares
of Common Stock then remaining unsold shall be deemed to be incorporated by
reference in and to be a part of this Registration Statement from, the date of
filing of such documents.
Any statement contained in a document incorporated, or deemed to be
incorporated, by reference herein shall be deemed to be modified or superseded
for purposes of this Registration Statement to the extent that a statement
contained herein or incorporated herein by reference or in any other
subsequently filed document that also is or is deemed to be incorporated by
reference herein modifies or supersedes such statement. Any statement so
modified or superseded shall not be deemed, except as so modified or
superseded, to constitute a part of this Registration Statement.
Item 4.
Description of Securities.
Not applicable
Item 5.
Interests of Named Experts and Counsel.
Not applicable
Item 6.
Indemnification of Directors and Officers.
Unless prohibited in a corporation's articles or bylaws, Minnesota
Statutes, Section 302A.521 requires indemnification of officers, directors,
employees and agents, under certain circumstances, against judgments,
penalties, fines, settlements and reasonable expenses (including attorneys'
fees and disbursements) incurred by such person in connection with a threatened
or pending proceeding with respect to the acts or omissions of such person in
his official capacity. The general effect of Minnesota Statutes, Section
302A.521 is to reimburse (or pay on behalf
II-1
Table of Contents
of) directors and officers of the Registrant any personal liability that may be
imposed for certain acts performed in their capacity as directors and officers
of the Registrant, except where such persons have not acted in good faith.
As permitted by the Minnesota Business Corporation Act, the Articles of
Incorporation of the Company eliminate the liability of our directors for
monetary damages arising from any breach of fiduciary duties as a member of our
board of directors (except as expressly prohibited by Minnesota Statutes,
Section 302A.251, subd. 4).
Item 7.
Exemption from Registration Claimed.
Not applicable.
Item 8.
Exhibits.
Unless otherwise indicated below as being incorporated by reference to
another filing of the Company with the Commission, each of the following
exhibits is filed herewith:
Exhibit
Description
4.1
The Second Restated Articles of Incorporation of the Company (Incorporated by
reference to exhibits 3 (i)-1 and 3 (i)-2 to current report on Form 8-K dated May 25,
1999).
4.2
Bylaws of the Company (Incorporated by reference to Exhibit 3 (ii)-1 to current
report on Form 8-K dated May 25, 1999).
4.3
Rights Agreement between the Company and Chase Mellon Shareholder Services, L.L.C., as
Rights Agent including the form of Rights Certificate and the Summary of Rights to
Purchase Preferred Shares. (Incorporated by reference Exhibit 1 to Form 8-A dated
July 29, 1998 and Exhibit 1 to Form 8/A dated
November 27, 2000).
5.1
Opinion of Leonard, Street and Deinard Professional Association
23.1
Consent of Leonard, Street and Deinard Professional Association to the filing of its
opinion as an exhibit to this Registration Statement (Included in
Exhibit 5.1).
23.2
Consent of KPMG LLP
24.1
Power of Attorney of Thomas G. Hudson
24.2
Power of Attorney of Jeffrey A. Bertelsen
24.3
Power of Attorney of Patrick W. Gross
24.4
Power of Attorney of Erwin A. Kelen
24.5
Power of Attorney of Lawrence A. McLernon
24.6
Power of Attorney of John A. Rollwagen
II-2
Table of Contents
99.1
Amended and Restated 2002 Stock Award Plan (Incorporated by reference to Exhibit
10.14 of Report on Form 8-K filed on August 5, 2002).
99.2
Form of Incentive Stock Option Agreement for employees to be used in connection with
the Computer Network Technology Corporation Amended and Restated 2002 Stock Award
Plan (Incorporated by reference to Exhibit 10.15 of Report on Form 8-K filed on
August 5, 2002).
99.3
Form of Non-Qualified Stock Option Agreement for employees to be used in connection
with the Computer Network Technology Corporation Amended and Restated 2002 Stock Award
Plan (Incorporated by reference to Exhibit 10.16 of Report on Form 8-K filed on August
5, 2002).
99.4
Form of Non-Qualified Stock Option Agreement for directors to be used in conjunction
with the Amended and Restated 2002 Stock Award Plan (Incorporated by reference to
Exhibit 10.17 of Report on Form 8-K filed on August
5, 2002).
99.5
Form of Restricted Stock Agreement to be used in connection with the Computer Network
Technology Corporation Amended and Restated 2002 Stock Award Plan (Incorporated by
reference to Exhibit 10.18 of Report on Form 8-K filed on
August 5, 2002).
Item 9.
Undertakings.
The undersigned Registrant hereby undertakes:
1)
To file, during any period in which offers or sales are being
made, a post-effective amendment to this Registration Statement;
•
To include any prospectus required by section 10(a)
(3) of the Securities Act of 1933 (the "Securities Act");
•
To reflect in the prospectus any facts or events
arising after the effective date of the Registration Statement
(or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental
change in the information set forth in the Registration
Statement. Notwithstanding the foregoing, any increase or
decrease in the volume of securities offered (if the total
dollar value of securities offered would not exceed that which
was registered) and any deviation from the low or high end of
the estimated maximum offering range may be reflected in the
form of prospectus filed with the Commission pursuant to Rule
424(b) if, in the aggregate, the changes in volume and price
represent no more than a 20 percent change in the maximum
aggregate offering price set forth in the "Calculation of
Registration Fee" table in the effective Registration
Statement;
II-3
Table of Contents
•
To include any material information with respect to
the plan of distribution not previously disclosed in the
Registration Statement or any material change to such
information in the Registration Statement;
Provided, however, that the first and second paragraphs above do
not apply if the information required to be included in a
post-effective amendment by those paragraphs is contained in
periodic reports filed by the Registrants pursuant to section 13
or 15(d) of the Exchange Act that are incorporated by reference
in this Registration Statement.
•
That, for purposes of determining any liability
under the Securities Act, each such post-effective amendment
shall be deemed to be a new Registration Statement relating to
the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona
fide offering thereof.
•
To remove from registration by means of a
post-effective amendment any of the securities being registered
which remain unsold at the termination of the offering.
•
That, for purposes of determining any liability
under the Securities Act, each filing of the registrant's
annual report pursuant to section 13 (a) or section 15 (d) of
the Exchange Act (and, where applicable, each filing of an
employee benefit plan's annual report pursuant to section 15
(d) of the Exchange Act) that is incorporated by reference in
the Registration Statement shall be deemed to be a new
Registration Statement relating to the securities offered
therein, and the offering of such securities at that time shall
be deemed to be the initial bona fide offering thereof.
•
Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to directors,
officers, and controlling persons of the Registrant pursuant to
the foregoing provisions, or otherwise, the Registrant has been
advised that in the opinion of the Commission such
indemnification is against public policy as expressed in the
Securities Act and is, therefore, unenforceable. In the event
that a claim for indemnification against such liabilities
(other than the payment by the Registrant of expenses incurred
or paid by a director, officer or controlling person of the
Registrant in the successful defense of any action, suit or
preceding) is asserted by such director, officer or controlling
person in connection with the securities being registered, the
Registrant will, unless in the opinion of its counsel the
matter has been settled by controlling precedent, submit to a
court of appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in
the Securities Act and will be governed by the final
adjudication of such issue.
II-4
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
July 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
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-5
Table of Contents
INDEX TO EXHIBITS
Exhibit
4.1
The Second Restated Articles of Incorporation of the Company (Incorporated by reference to
exhibits 3 (i)-1 and 3 (i)-2 to current report on Form 8-K dated May 25, 1999)
4.2
Bylaws of the Company (Incorporated by reference to Exhibit 3 (ii)-1 to current report on Form
8-K dated May 25, 1999)
4.3
Rights Agreement between the Company and Chase Mellon Shareholder Services, L.L.C., as Rights
Agent including the form of Rights Certificate and the Summary of Rights to Purchase Preferred
Shares (Incorporated by reference Exhibit 1 to Form 8-A dated July 29, 1998 and Exhibit 1 to
Form 8/A dated November 27, 2000)
5.1
Opinion of Leonard, Street and Deinard Professional Association
Electronically Filed
23.1
Consent of Leonard, Street and Deinard Professional Association
to the filing of its opinion as an exhibit to this Registration Statement
(Included in Exhibit 5.1)
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 2002 Stock Award Plan (Incorporated by reference to Exhibit 10.14 of
Report on Form 8-K filed on August
5, 2002).
99.2
Form of Incentive Stock Option Agreement for employees to be used in connection with the
Computer Network Technology Corporation Amended and Restated 2002 Stock Award Plan
(Incorporated by reference to Exhibit 10.15 of Report on
Form 8-K filed on August 5, 2002).
99.3
Form of Non-Qualified Stock Option Agreement for employees to be used in connection with the
Computer Network Technology Corporation Amended and Restated 2002 Stock Award Plan
(Incorporated by reference to Exhibit 10.16 of Report on
Form 8-K filed on August 5, 2002).
99.4
Form of Non-Qualified Stock Option Agreement for directors to be used in conjunction with the
Amended and Restated 2002 Stock Award Plan (Incorporated by reference to Exhibit 10.17 of
Report on Form 8-K filed on August
5, 2002).
99.5
Form of Restricted Stock Agreement to be used in connection with the Computer Network
Technology Corporation Amended and Restated 2002 Stock Award Plan (Incorporated by reference
to Exhibit 10.18 of Report on Form 8-K filed on August
5, 2002).
II-6