UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported):May 19, 2006
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| Boykin Lodging Company |
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| (Exact Name of Registrant as Specified in its Charter) |
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| Ohio | | 001-11975 | | 34-1824586 |
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(State or Other Jurisdiction of
Incorporation) | | (Commission File Number) | | (IRS Employer Identification Number) |
| | | |
| Guildhall Building, Suite 1500, 45 W. Prospect Avenue, Cleveland, Ohio | | 44115 |
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| (Address of Principal Executive Offices) | | (Zip Code) |
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| (216) 430-1200 |
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| (Registrant’s telephone number, including area code) |
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
SECTION 1 REGISTRANT’S BUSINESS AND OPERATIONS
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
| | | | On May 19, 2006, the Compensation Committee of the Board of Directors of Boykin Lodging Company (the “Company”) awarded, and the Board of Directors ratified, 2005 performance bonuses to each of the Company’s named executive officers. These awards are summarized in the following table: |
| | | | | |
| | | 2005 Cash Bonus | |
| |
Robert W. Boykin
Chairman and Chief Executive Officer | | $ | 50,000 | |
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Richard C. Conti
President and Chief Operating Officer | | $ | 150,000 | |
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Shereen P. Jones
Executive Vice President,
Chief Financial and Investment Officer | | $ | 150,000 | |
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Russ C. Valentine
Senior Vice President — Acquisitions | | $ | 100,000 | |
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Andrew C. Alexander
Senior Vice President and General Counsel | | $ | 100,000 | |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | | Boykin Lodging Company
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| | | By: | | /s/ Shereen P. Jones |
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| | | | | Shereen P. Jones
Executive Vice President,
Chief Financial and Investment Officer
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| Dated: May 24, 2006 | | | | |
