UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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):
April 1, 2009
SPARTECH CORPORATION
(Exact name of Registrant as specified in its charter)
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| Delaware | | 1-5911 | | 43-0761773 |
| (State or other jurisdiction | | (Commission File Number) | | (I.R.S. Employer |
| of incorporation) | | | | Identification No.) |
120 S. Central Avenue, Suite 1700
Clayton, Missouri 63105
(Address of principal executive offices) (Zip Code)
(314) 721-4242
(Registrant’s telephone number, including area code)
Check the appropriate box below if the Form 8-K 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))
SPARTECH CORPORATION
FORM 8-K
Item 8.01 Other Events.
Consistent with the temporary salary reductions recently implemented for Myles Odaniell, the Company’s President and Chief Executive Officer, and other members of the senior leadership team, the Board of Directors of the Company has approved a temporary 10% reduction in the cash component of director compensation for Board members, effective April 1, 2009. These temporary reductions in compensation are part of the Company’s ongoing cost reduction initiative aimed at addressing the current economic downturn.
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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| | SPARTECH CORPORATION
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| Date April 6, 2009 | By | /s/ Rosemary L. Klein | |
| | | Rosemary L. Klein | |
| | | Senior Vice President, General Counsel
Spartech Corporation | |
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