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 18, 2005
THE GENLYTE GROUP INCORPORATED
(Exact name of registrant as specified in its charter)
Delaware | | 0-16960 | | 22-2584333 |
(State or other jurisdiction
of incorporation) | | (Commission
File Number) | | (IRS Employer
Identification No.) |
| | | | |
10350 Ormsby Park Place, Suite 601, Louisville, KY | | 40223 |
(Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code 502-420-9500
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))
ITEM 1.01 Entry into a Material Definitive Agreement.
On February 18, 2005, the Compensation Committee of the Board of Directors of The Genlyte Group Incorporated (“Genlyte”) approved the payment of, and the company paid, annual cash bonuses earned in 2004 under the Company’s Management Incentive Compensation (“MIC”) Plan, which was filed as exhibit 10(i) to Genlyte’s Registration Statement on Form 8 filed with the Securities and Exchange Commission on August 3, 1988, to the following named executive officers:
Name and Principal Position | | MIC Bonus | |
| | | |
Larry K. Powers - Chairman, President & Chief Executive Officer | | $ | 781,875 | |
Zia Eftekhar - President Lightolier Division | | $ | 408,182 | |
William G. Ferko - Vice President, Chief Financial Officer | | $ | 312,750 | |
Ronald D. Schneider - Vice President, Operations | | $ | 168,190 | |
Raymond L. Zaccagnini - Vice President, Administration | | $ | 187,476 | |
The bonus awards were earned based upon the achievement of performance goals established in early 2004, which were reviewed and approved by the Compensation Committee, per the MIC plan.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, The Genlyte Group Incorporated has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| THE GENLYTE GROUP INCORPORATED |
| |
| | |
| (Registrant) | |
| | |
Date: February 24, 2005 | | |
| /s/ William G. Ferko | |
| Name: William G. Ferko | |
| Title: Vice President, Chief Financial Officer & Treasurer |
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