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
April 23, 2008
Date of report (Date of earliest event reported)
EMS TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)
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Georgia
(State or other jurisdiction
of incorporation or organization) | | 000-06072
(Commission File
Number) | | 58-1035424
(I.R.S. Employer Identification No.) |
660 Engineering Drive
Norcross, Georgia 30092
(770) 263-9200
(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)
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):
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| o | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| o | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| o | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| o | | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 5Corporate Governance and Management
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
James S. Childress, the Registrant’s Vice President, and the President and General Manager of its LXE division, has announced his retirement from those positions effective May 2, 2008. Mr. Childress will continue after that date to provide services as Senior Adviser through February 27, 2009, and during that period will be compensated at an annual rate of $221,000. As Senior Adviser, he will not be eligible to receive payments under the Executive Incentive Compensation Plan for 2008, and will not participate in other employee benefits except for a contribution under the Company’s qualified retirement program in accordance with its terms, based on his salary prior to the retirement date. The Company’s Compensation Committee has accelerated the vesting of 2,000 shares of restricted stock that were scheduled to vest on July 2009, but otherwise his various options and awards of restricted stock will be exercisable, or will expire, in accordance with their original terms.
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.
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| | EMS TECHNOLOGIES, INC.
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| Date: April 23, 2008 | By: | /s/ Don T. Scartz | |
| | | Don T. Scartz | |
| | | Executive Vice President, Chief
Financial Officer and Treasurer | |
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