UNITED STATES
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): December 10, 2009
TurboSonic Technologies, Inc. |
(Exact name of Registrant as specified in its charter) |
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Delaware | 0-21832 | 13-1949528 |
(State of incorporation) | (Commission File No.) | (IRS Employer Identification No.) |
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550 Parkside Drive, Suite A-14 |
Waterloo, Ontario N2L 5V4 |
Canada |
(Address of principal executive offices) |
Registrant's telephone number: (519) 885-5513
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))
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On December 10, 2009, our Board of Directors upon recommendation by our Compensation Committee approved the following stock option grants under our 2003 Stock Plan at an exercise price of $0.79 per share, which was the closing price of our common stock on December 10, 2009:
Edward F. Spink | 25,000 (1) |
Egbert Q. van Everdingen | 25,000 (1) |
Carl A. Young | 15,000 (2) |
(1)
The options become exercisable on December 10, 2014 and expire on December 10, 2017.
(2)
The options become exercisable on December 10, 2012 and expire on December 10, 2017.
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: December 11, 2009
TurboSonic Technologies, Inc. |
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By: | /s/ Egbert van Everdingen |
| Name: Egbert van Everdingen |
| Title: President |