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) February 23, 2009
Baldor Electric Company
Exact name of registrant as specified in its charter
| Missouri | 01-07284 | 43-0168840 | ||
State or other jurisdiction of incorporation | Commission File Number | IRS Employer Identification No |
5711 R. S. Boreham, Jr., St Fort Smith, Arkansas | 72901 | |
| Address of principal executive offices | Zip Code |
Registrant’s telephone number, including area code 479-646-4711
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. |
| ¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act. |
| ¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act. |
| ¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act. |
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
| (e) | Effective February 23, 2009, the Board of Directors approved an amendment to paragraph 16 of the 2006 Equity Incentive Plan (the “Plan”) to expressly prohibit repricing of benefits granted under the Plan. |
A copy of the amended paragraph 16 is attached hereto as Exhibit 10(iii).
| Item 9.01 | Financial Statements and Exhibits |
| (d) | See Exhibit Index |
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.
Baldor Electric Company | ||
| (Registrant) | ||
| DateFebruary 27, 2009 | /s/ George E. Moschner | |
| George E. Moschner | ||
| Chief Financial Officer and Secretary | ||
INDEX OF EXHIBITS
Exhibit No. | Description | |
| 10(iii) | Amended paragraph 16 to the 2006 Equity Incentive Plan |