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): May 17, 2007
ANNTAYLOR STORES CORPORATION
(Exact name of registrant as specified in its charter)
Delaware | 1-10738 | 13-3499319 | ||
(State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification No.) |
7 Times Square
New York, NY 10036
(Address, including Zip Code, of Registrant’s Principal Executive Offices)
(212) 541-3300
(Registrant’s Telephone Number, Including Area Code)
Not Applicable
(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 Instruction A.2. below):
¨ | 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)) |
ITEM 5.02 | DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS |
(e) On May 17, 2007, at the 2007 Annual Meeting of the Stockholders of AnnTaylor Stores Corporation (the “Company”), the Company’s stockholders approved the Company’s Management Performance Compensation Plan, as amended and restated (the “Performance Compensation Plan”). The Performance Compensation Plan provides for payment of compensation to executive officers and other eligible associates based on the achievement of certain performance goals. Awards under the Performance Compensation Plan are “performance-based” for purposes of Section 162(m) of the Internal Revenue Code of 1986, as amended, and will not be subject to the executive compensation deduction limitations thereunder. A description of the material terms of the Performance Compensation Plan was included in the Company’s Definitive Proxy Statement on Schedule 14A, as filed with the Securities and Exchange Commission on April 5, 2007.
The above description of the Performance Compensation Plan is not intended to be complete and is qualified in its entirety by the specific language in the Performance Compensation Plan, a copy of which is attached to this report as Exhibit 10.1, and incorporated herein by reference.
ITEM 9.01. | FINANCIAL STATEMENTS AND EXHIBITS. |
(d) | Exhibits. |
10.1 | Management Performance Compensation Plan, as amended and restated. |
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.
ANNTAYLOR STORES CORPORATION | ||||
By: | /s/ Barbara K. Eisenberg
| |||
Barbara K. Eisenberg | ||||
Date: May 17, 2007 | Executive Vice President, | |||
General Counsel and Secretary |
EXHIBIT INDEX
Exhibit No. | Description | |
10.1 | Management Performance Compensation Plan, as amended and restated. |