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) April 22, 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 7.01 | Regulation FD Disclosure |
One of the proposals in Baldor Electric Company’s 2009 Proxy Statement is to consider and act upon a plan to create the Baldor Electric Company Plan for Tax Deductible Executive Incentive Compensation.
To clarify the plan administration, the committee administering the Plan will be comprised of Jean A. Mauldin, Robert J. Messey, Robert L. Proost, and Barry K. Rogstad. All of these directors are outside directors within the meaning of Section 162(m) and independent outsiders within RiskMetrics Group’ definition of independent.
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) |
| |
| Date April 22, 2009 | | /s/ George E. Moschner |
| | George E. Moschner |
| | Chief Financial Officer and Secretary |
