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
February 27, 2006 (February 23, 2006)
Date of Report (Date of earliest event reported)
NICOR INC.
(Exact name of registrant as specified in its charter)
Illinois | 1-7297 | 36-2855175 |
| (State or other jurisdiction | (Commission | (I.R.S. Employer |
| of incorporation) | File Number) | Identification Number) |
1844 Ferry Road
Naperville, Illinois 60563-9600
(Address of principal executive offices) (Zip Code)
(630) 305-9500
(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):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
(17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
(17 CFR 240.13e-4(c))
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Item 1.01 Entry into a Material Definitive Agreement
On February 23, 2006, the Compensation Committee of the Board of Directors approved cash bonus awards under the 2005 Annual Incentive Compensation Plan for Officers for the following present and retired officers in the amounts indicated below opposite the respective officer’s name:
| Russ M. Strobel | $577,350.00 |
| Chairman, Chief Executive Officer | |
| And President | |
| | |
| Thomas L. Fisher | $166,087.00 |
| Retired Chairman and | |
| Retired Chief Executive Officer | |
| | |
| Richard L. Hawley | $230,940.00 |
| Executive Vice President and | |
| Chief Financial Officer | |
| | |
| Paul C. Gracey, Jr. | $125,734.00 |
| Vice President, General Counsel | |
| and Secretary | |
| | |
| Gerald P. O’Connor | $110,916.00 |
| Vice President | |
| Administration & Finance | |
| | |
| Daniel R. Dodge | $98,496.00 |
| Senior Vice President | |
| Diversified Ventures and | |
| Corporate Planning | |
Item 5.02 Departure of Directors or Principal Officers, Election of Directors; Appointment of Principal Officers
Mr. John E. Jones and Mr. William A. Osborn advised the Board of Directors on February 23, 2006 that they will not stand for re-election at the Company’s Annual Meeting of Stockholders on April 20, 2006.
Page 2
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.
Nicor Inc.
Date February 27, 2006 /s/ PAUL C. GRACEY, JR.
Paul C. Gracey, Jr.
Vice President, General Counsel and
Secretary
