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) May 12, 2011
Multi-Color Corporation
(EXACT NAME OF REGISTRANT AS SPECIFIED IN CHARTER)
| Ohio | 0-16148 | 31-1125853 | ||
(STATE OR OTHER JURISDICTION OF INCORPORATION) | (COMMISSION FILE NUMBER) | (IRS EMPLOYER IDENTIFICATION NO.) |
| 4053 Clough Woods Drive, Batavia, Ohio | 45103 | |||
| (ADDRESS OF PRINCIPAL EXECUTIVE OFFICES) | (ZIP CODE) | |||
Registrant’s telephone number, including area code 513/381-1480
(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 (see General Instructions A.2):
| ¨ | Written communication 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)) |
| ITEM 1.01 | ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT |
On May 12, 2011, the Compensation & Organization Development Committee (the “Committee”) of the Board of Directors of Multi-Color Corporation (“the Company”) approved the following:
Salary increase for Chief Financial Officer
The Committee approved the following increase in the annual base salary of the Vice President and Chief Financial and Accounting Officer – Sharon Birkett: an increase from $250,000 to $275,000.
Stock Option grants to Executive Officers
The Committee approved the grant of stock options to purchase the Company’s common stock to the two executive officers in the following amounts: (i) Nigel Vinecombe, President and Chief Executive Officer – 10,000 options; (ii) Ms. Birkett – 5,000 options. All stock options were granted pursuant to the 2003 Stock Incentive Plan and vest in equal annual installments over a five-year period.
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.
MULTI-COLOR CORPORATION
| By: | /s/ Sharon E. Birkett | |
| Name: | Sharon E. Birkett | |
| Title: | Vice President and Chief Financial and Accounting Officer | |
| Date: | May 17, 2011 | |