UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
Current Report
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
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Date of Report (Date of earliest event reported):
February 18, 2009
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AETRIUM INCORPORATED
(Exact name of registrant as specified in its charter)
| Minnesota | 0-22166 | 41-1439182 |
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (I.R.S. Employer Identification Number) |
2350 Helen Street North St. Paul, Minnesota | 55109 |
| (Address of Principal Executive Offices) | (Zip Code) |
(651) 770-2000
(Registrant’s Telephone Number, Including Area Code)
N/A
(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:
| £ | 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 February 18, 2009, the Board of Directors of Aetrium Incorporated elected Daniel A. Carr to serve as a director of the Company. Mr. Carr will also serve as a member of the Audit and Compensation Committees. In connection with his election as a director, Mr. Carr was granted options for 30,000 shares of the Company’s common stock, to vest monthly over four years and to expire in five years, at an exercise price of $1.265 per share, the fair market value of the shares at the time of grant. In addition, the Company will pay the premium expense and Company health reimbursement account contribution for Mr. Carr to be covered under the Company’s medical and dental plans.
SIGNATURE
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.
AETRIUM INCORPORATED
By: /s/ Douglas L. Hemer
Douglas L. Hemer
Chief Administrative Officer and Secretary
Dated: February 19, 2009
