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): February 7, 2011
ACCURIDE CORPORATION
(Exact Name of Registrant as Specified in Charter)
Delaware | | 001-32483 | | 61-1109077 |
(State or Other Jurisdiction
of Incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
7140 Office Circle, Evansville, IN | | 47715 |
(Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s telephone number, including area code: (812) 962-5000
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 5.02. Departure of Directors or Certain Officers; Compensatory Arrangements of Certain Officers.
(c) Effective February 7, 2011, Edward J. Gulda resigned as Senior Vice President / Components Operations of Accuride Corporation (the “Company”).
(e) In connection with his resignation, the Company agreed to treat Mr. Gulda’s resignation as a separation for “Good Reason” outside of a “Protection Period” under Mr. Gulda’s Severance and Retention Agreement, which is in the form of the Form Severance and Retention Agreement (Tier II Executives) previously filed as an exhibit to Form 10-K on March 13, 2009. In addition to the severance payable under such agreement the Company also agreed that Mr. Gulda will receive the following (i) the amount otherwise payable to him under the Company’s 2010 Annual Incentive Compensation Plan, (ii) outsource placement services and (iii) reimbursements for any fees associated with breaking his residential lease. In exchange, Mr. Gulda has agreed to twenty-four (24) month post-employment non-competition and non-sol icitation covenants.
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.
| ACCURIDE CORPORATION |
Date: | February 10, 2011 | | /s/ Stephen A. Martin |
| Stephen A. Martin |
| Senior Vice President / General Counsel |
| | | |
3
