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 24, 2006
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COLUMBUS MCKINNON CORPORATION
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(Exact name of registrant as specified in its charter)
NEW YORK
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(State or other jurisdiction of incorporation)
0-27618 16-0547600
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(Commission File Number) (IRS Employer Identification No.)
140 JOHN JAMES AUDUBON PARKWAY, AMHERST, NEW YORK 14228-1197
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number including area code: (716) 689-5400
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(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 8.01 OTHER EVENTS.
On February 17 and February 21, 2006, certain executive officers of
Columbus McKinnon Corporation (the "Company") adopted pre-arranged trading plans
(each, a "Plan") designed to comply with Rule 10b5-1 under the Securities
Exchange Act of 1934, as amended, and the Company's policies regarding stock
transactions. Under Rule 10b5-1, directors, officers and other persons who are
not in possession of material non-public information may adopt a pre-arranged
plan or contract for the sale of Company securities under specified conditions
and at specified times. As sales are executed in the future under these Plans,
they will be reported in accordance with federal securities laws. Using these
Plans, insiders can gradually diversify their investment portfolios, spread
stock trades out over an extended period of time to reduce market impact and
avoid concerns about transactions occurring at a time when they might possess
inside information.
The executives have informed the Company that these stock sales are part of
their individual programs for asset diversification.
The Plan adopted by Timothy T. Tevens, the Company's Chief Executive
Officer and President, provides for the sale of up to a total of 42,000 shares
over a period of five months beginning February 21, 2006. These shares will be
acquired through the exercise of stock options. Shares will be sold under the
Plan on the open market at prevailing market prices, subject to minimum price
thresholds.
The Plan adopted by Karen L. Howard, the Company's Vice President -
Finance, Treasurer and Chief Financial Officer, provides for the sale of up to a
total of 33,628 shares over approximately five months beginning February 21,
2006. These shares will be acquired through the exercise of stock options.
Shares will be sold under the Plan on the open market at prevailing market
prices, subject to minimum price thresholds.
The Company does not undertake to report Rule 10b5-1 plans that may be
adopted by any officers or directors of the Company in the future, or to report
any modifications or termination of any publicly announced plan or to report any
plan adopted by an employee who is not an executive officer, except to the
extent required by law.
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.
COLUMBUS MCKINNON CORPORATION
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By: /S/ TIMOTHY R. HARVEY
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Name: Timothy R. Harvey
Title: General Counsel and Secretary
Dated: FEBRUARY 24, 2006
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