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 (Date of earliest event reported): September 15, 2009
Stanley Furniture Company, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 0-14938 | 54-1272589 | ||
(State or other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
1641 Fairystone Park Highway, Stanleytown, Virginia | 24168 | |
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code:(276) 627-2000
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))
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Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
(e) On September 17, 2009, the Compensation Committee of the Board of Directors of Stanley Furniture Company, Inc. (the “Company”) approved a salary increase for R. Glenn Prillaman. Mr. Prillaman’s annual salary was increased to $320,000 effective as of August 24, 2009. On August 24, 2009 Mr. Prillaman was elected President and Chief Operating Officer of the Company by the Company’s Board of Directors. Previous to that date Mr. Prillaman served as Executive Vice President – Marketing and Sales and as one of the three members of the Office of the President.
Item 8.01. | Other Events |
On September 15, 2009 the Company issued a press release commenting on its expected third quarter operating results. The press release is filed as an Exhibit 99.1 to this Form 8-K and incorporated herein by reference.
Item 9.01. | Financial Statements and Exhibits |
(d) | Exhibits. |
99.1 | Press release by Stanley Furniture Company, Inc. on September 15, 2009. |
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this Report to be signed on its behalf by the undersigned thereunto duly authorized.
STANLEY FURNITURE COMPANY, INC.
Date: September 18, 2009
By:/s/ Albert L. Prillaman
Albert L. Prillaman
Chairman and Chief Executive Officer
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EXHIBIT INDEX
Exhibit Number | Description | |
99.1 | Press release by Stanley Furniture Company, Inc. on September 15, 2009. |
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