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) June 4, 2008
BLYTH, INC.
(Exact Name of Registrant as Specified in Its Charter)
Delaware | | 1-13026 | | 36-2984916 |
(State or Other | | (Commission | | (IRS Employer |
Jurisdiction of | | File Number) | | Identification No.) |
Incorporation) | | | | |
One East Weaver Street, Greenwich, Connecticut 06831
(Address of Principal Executive Offices) (Zip Code)
Registrant’s Telephone Number, including Area Code (203) 661-1926
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:
o Written communications pursuant to Rule 425 under the Securities Act
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act
Item 1.01. Entry Into A Material Definitive Agreement
At the Annual Meeting of the Stockholders held on June 4, 2008, the stockholders of Blyth, Inc. (“Blyth”) approved an amendment and restatement of Blyth’s 2003 Omnibus Incentive Plan (the “Plan”), which amendment and restatement had previously been approved by Blyth’s Board of Directors in April 2008, subject to stockholder approval. The material amendments to the Plan include an increase in the annual limit for cash-based payments that are intended to qualify as “performance based compensation” under Code Section 162(m) from $1.0 million to $2.0 million. The Plan also includes certain other non-material amendments, such as amendments to facilitate compliance with Section 409A of the Internal Revenue Code.
Item 2.02. Results of Operations and Financial Condition
On June 5, 2008, Blyth, Inc. issued a press release reporting financial results for its first fiscal quarter ended April 30, 2008. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
10.1 Amended and Restated 2003 Omnibus Incentive Plan
99.1 Press Release
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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.
| BLYTH, INC. |
| |
| |
Date: June 6, 2008 | By: /s/ Michael S. Novins |
| Name: Michael S. Novins |
| Title: Vice President & General Counsel |
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