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): November 16, 2009
Sypris Solutions, Inc.
(Exact name of registrant as specified in its charter)
Delaware | 0-24020 | 61-1321992 | ||
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) | ||
101 Bullitt Lane, Suite 450 | ||||
Louisville, Kentucky | 40222 | |||
(Address of Principal Executive Offices) | (Zip Code) |
Registrant’s telephone number, including area code: (502) 329-2000
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:
[ ] Written communications 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))
Section 5 – Corporate Governance and Management
Item 5.02(e) | Departure of Directors or Certain Executive Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Effective as of November 16, 2009, Sypris Solutions, Inc. (the “Company”) awarded special compensation awards (“Awards”) to certain employees of the Company relating to their roles in the disposition of Sypris Test & Measurement, Inc. Recipients of the Awards, included named executive officer Richard L Davis and Chief Financial Officer Brian A. Lutes, each of whom was awarded $95,000 in cash payments from the proceeds of such disposition.
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.
Dated: November 20, 2009 | Sypris Solutions, Inc. | |||||||
By: | /s/ John R. McGeeney | |||||||
John R. McGeeney | ||||||||
General Counsel and Secretary |
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