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): May 13, 2005
ELIZABETH ARDEN, INC. |
|
(Exact name of registrant as specified in its charter) |
Florida | | 1-6370 | | 59-0914138 |
| | | | |
(State or other jurisdiction of
incorporation) | | (Commission File
Number) | | (IRS Employer Identification No.) |
14100 N.W. 60th Avenue, Miami, Florida | | 33014 |
| | |
(Address of principal executive offices | | (Zip Code) |
Registrant's telephone number, including area code: | | (305) 818-8000 |
________________________________________ |
(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 (see General Instruction A.2.):
[ ] Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12(b) under the Exchange Act (17 CFR 240.14a-12(b))
[ ] 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))
SECTION 1 - REGISTRANT'S BUSINESS AND OPERATIONS |
|
Item 1.01 Entry into a Material Definitive Agreement |
On May 13, 2005, Elizabeth Arden, Inc. (the “Company”) granted restricted stock to all of its regular, full-time employees based in the United States and Puerto Rico who are eligible to participate in the Company’s management bonus program. Under the terms of the restricted stock program, all eligible participants receive 3% of their total cash compensation in restricted stock. The restricted stock vests in full one year from the date of grant if the participant is still employed by the Company at the time of vesting. The restricted stock is awarded based on total cash compensation from February 1 to January 31.
In connection with the May 13, 2005 grant, the named executive officers (defined in Regulation S-K Item 402(a)(3) and as set forth in the Company's Proxy Statement dated May 14, 2004) received the following shares: |
Named Executive | | Position | | # of
Shares |
| | | | |
E. Scott Beattie | | Chairman of the Board and Chief Executive Officer | | 1,799 |
Paul West | | President and Chief Operating Officer | | 1,145 |
Stephen J. Smith | | Executive Vice President and Chief Financial Officer | | 752 |
Ronald Rolleston | | Executive Vice President, Global Marketing | | 715 |
Joel B. Ronkin | | Executive Vice President and Chief Administrative Officer | | 586 |
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.
| | ELIZABETH ARDEN, INC. |
| | |
Date: May 17, 2005 | | By: /s/ Joel B. Ronkin |
| | |
| | Joel B. Ronkin Executive Vice President and
Chief Administrative Officer |
