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
June 30, 2006
Date of Report (Date of earliest event reported)
DOLLAR THRIFTY AUTOMOTIVE GROUP, INC.
(Exact name of registrant as specified in its charter)
Delaware | 1-13647 | 73-1356520 |
5330 East 31st Street, Tulsa, Oklahoma 74135
(Address of principal executive offices and zip code)
Registrant’s telephone number, including area code: (918) 660-7700
N/A
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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)) |
| |
ITEM 1.01 | ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT |
On June 30, 2006, Dollar Thrifty Automotive Group, Inc. (the “Company”) entered into agreements with certain named executive officers by accepting their election to defer into the Company’s deferred compensation plan (the “Deferred Compensation Plan”) amounts related to the Company’s 2006 annual incentive compensation awards, which are payable in 2007.
The 2006 incentive compensation award deferral agreement (the “2006 Incentive Compensation Deferral Agreement”) specifies the election of the executive officer to participate in the Deferred Compensation Plan, the percentage or specific dollar amount of incentive compensation to defer, a payment election and an election concerning change of control with respect to the Company. The foregoing description of each 2006 Incentive Compensation Deferral Agreement is qualified in its entirety by reference to each 2006 Incentive Compensation Deferral Agreement, copies of which are attached hereto as Exhibit 10.109 through Exhibit 10.113 and are incorporated herein by reference.
On June 30, 2006, the Company entered into agreements with certain named executive officers by accepting their election to defer into the Deferred Compensation Plan amounts related to the Company’s 2004 performance share plan awards, which are earned for Company performance from January 1, 2004 through December 31, 2006 and are payable in 2007.
The 2004 performance share award deferral agreement (the “2004 Performance Share Deferral Agreement”) specifies the election of the executive officer to participate in the Deferred Compensation Plan, the percentage or specific number of shares to defer, a payment election and an election concerning change of control with respect to the Company. The foregoing description of each 2004 Performance Share Deferral Agreement is qualified in its entirety by reference to each 2004 Performance Share Deferral Agreement, copies of which are attached hereto as Exhibit 10.114 through Exhibit 10.118 and are incorporated herein by reference.
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ITEM 9.01 | FINANCIAL STATEMENTS AND EXHIBITS |
(c) | Exhibits |
Exhibit No. | Description |
10.109 | Deferral Agreement regarding 2006 annual incentive compensation plan dated June 30, 2006 between Gary L. Paxton and Dollar Thrifty Automotive Group, Inc. |
10.110 | Deferral Agreement regarding 2006 annual incentive compensation plan dated June 30, 2006 between Donald M. Himelfarb and Dollar Thrifty Automotive Group, Inc. |
10.111 | Deferral Agreement regarding 2006 annual incentive compensation plan dated June 30, 2006 between Steven B. Hildebrand and Dollar Thrifty Automotive Group, Inc. |
10.112 | Deferral Agreement regarding 2006 annual incentive compensation plan dated June 30, 2006 between R. Scott Anderson and Dollar Thrifty Automotive Group, Inc. |
10.113 | Deferral Agreement regarding 2006 annual incentive compensation plan dated June 30, 2006 between John J. Foley and Dollar Thrifty Automotive Group, Inc. |
10.114 | Deferral Agreement regarding 2004 performance share plan award dated June 30, 2006 between Gary L. Paxton and Dollar Thrifty Automotive Group, Inc. |
10.115 | Deferral Agreement regarding 2004 performance share plan award dated June 30, 2006 between Donald M. Himelfarb and Dollar Thrifty Automotive Group, Inc. |
10.116 | Deferral Agreement regarding 2004 performance share plan award dated June 30, 2006 between Steven B. Hildebrand and Dollar Thrifty Automotive Group, Inc. |
10.117 | Deferral Agreement regarding 2004 performance share plan award dated June 30, 2006 between R. Scott Anderson and Dollar Thrifty Automotive Group, Inc. |
10.118 | Deferral Agreement regarding 2004 performance share plan award dated June 30, 2006 between John J. Foley and Dollar Thrifty Automotive Group, Inc. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| DOLLAR THRIFTY AUTOMOTIVE GROUP, INC. | ||
| (Registrant) |
| |
July 7, 2006 | By: | /s/ STEVEN B. HILDEBRAND | ||||
| Steven B. Hildebrand |
| ||||
| Senior Executive Vice President, Chief Financial |
| ||||
| Officer, Principal Financial Officer and Principal |
| ||||
| Accounting Officer |
| ||||
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INDEX TO EXHIBITS
| Exhibit No. | Description |
10.109 | Deferral Agreement regarding 2006 annual incentive compensation plan dated June 30, 2006 between Gary L. Paxton and Dollar Thrifty Automotive Group, Inc. |
10.110 | Deferral Agreement regarding 2006 annual incentive compensation plan dated June 30, 2006 between Donald M. Himelfarb and Dollar Thrifty Automotive Group, Inc. |
10.111 | Deferral Agreement regarding 2006 annual incentive compensation plan dated June 30, 2006 between Steven B. Hildebrand and Dollar Thrifty Automotive Group, Inc. |
10.112 | Deferral Agreement regarding 2006 annual incentive compensation plan dated June 30, 2006 between R. Scott Anderson and Dollar Thrifty Automotive Group, Inc. |
10.113 | Deferral Agreement regarding 2006 annual incentive compensation plan dated June 30, 2006 between John J. Foley and Dollar Thrifty Automotive Group, Inc. |
10.114 | Deferral Agreement regarding 2004 performance share plan award dated June 30, 2006 between Gary L. Paxton and Dollar Thrifty Automotive Group, Inc. |
10.115 | Deferral Agreement regarding 2004 performance share plan award dated June 30, 2006 between Donald M. Himelfarb and Dollar Thrifty Automotive Group, Inc. |
10.116 | Deferral Agreement regarding 2004 performance share plan award dated June 30, 2006 between Steven B. Hildebrand and Dollar Thrifty Automotive Group, Inc. |
10.117 | Deferral Agreement regarding 2004 performance share plan award dated June 30, 2006 between R. Scott Anderson and Dollar Thrifty Automotive Group, Inc. |
10.118 | Deferral Agreement regarding 2004 performance share plan award dated June 30, 2006 between John J. Foley and Dollar Thrifty Automotive Group, Inc. |
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