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: May 22, 2007
(Date of earliest event reported)
Morgans Hotel Group Co.
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
000-51802 |
| 16-1736884 |
(Commission File Number) |
| (IRS Employer Identification No.) |
475 Tenth Avenue, New York, NY |
| 10018 |
(Address of Principal Executive Offices) |
| (Zip Code) |
(212) 277-4100
(Registrant’s Telephone Number, Including Area Code)
Not applicable
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of
the registrant under any of the following provisions (see General Instruction A.2 below):
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.
At the 2007 Annual Meeting of Stockholders of the Company (the “2007 Annual Meeting”) held on May 22, 2007, the Company’s stockholders approved the Morgans Hotel Group Co. 2007 Omnibus Incentive Plan (the “2007 Plan”), which amends and restates the Morgans Hotel Group Co. 2006 Omnibus Stock Incentive Plan. As approved, among other things, the 2007 Plan increases the number of shares reserved for issuance under the plan by up to 3,250,000. The description of the terms and conditions of the 2007 Plan, as set forth under the caption “Proposal 3: Approval of the 2007 Omnibus Incentive Plan which amends and restates the Morgans Hotel Group Co. 2006 Omnibus Stock Incentive Plan” in the Company’s definitive Proxy Statement filed with the Securities and Exchange Commission on April 30, 2007, is incorporated herein by reference.
The foregoing summary of the 2007 Plan is qualified by reference to the copy of the 2007 Plan filed as Exhibit 10.1 hereto and incorporated herein by reference.
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Item 9.01 Financial Statements and Exhibits.
(a) Not applicable.
(b) Not applicable.
(c) Not applicable.
(d) Exhibits.
Exhibit Number |
| Description |
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10.1 |
| Morgans Hotel Group Co. 2007 Omnibus Incentive Plan |
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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.
MORGANS HOTEL GROUP CO. |
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Date: May 22, 2007 | By: | /s/ Richard Szymanski |
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| Richard Szymanski |
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| Chief Financial Officer |
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EXHIBIT INDEX
Exhibit Number |
| Description |
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10.1 |
| Morgans Hotel Group Co. 2007 Omnibus Incentive Plan |
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