UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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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 9, 2008
ZOLTEK COMPANIES, INC.
(Exact name of registrant as specified in its charter)
MISSOURI 0-20600 43-1311101
(State or other (Commission File (I.R.S. Employer
jurisdiction of Number) Identification
organization) Number)
3101 MCKELVEY ROAD
ST. LOUIS, MISSOURI 63044
(Address of principal executive offices) (Zip Code)
(314) 291-5110
(Registrant's telephone number, including area code)
NOT APPLICABLE
(Former name or former address if changed since last report)
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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))
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ITEM 2.02 RESULTS OF OPERATIONS AND FINANCIAL CONDITION.
On May 12, 2008, Zoltek Companies, Inc. (the "Registrant")
issued a press release announcing its financial results on a preliminary basis
for the quarter and six-month period ended March 31, 2008. A copy of the press
release is attached hereto and incorporated herein as Exhibit 99.1. The
information in this Item 2.02 of Form 8-K, including Exhibit 99.1 attached
hereto, shall not be deemed "filed" for purposes of Section 18 of the
Securities Exchange Act of 1934, as amended, or otherwise subject to the
liabilities of that section.
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF
DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS.
(c) On May 12, 2008, the Registrant announced that it had
appointed Andrew W. Whipple as the Registrant's Vice President and Chief
Accounting Officer. Prior to joining the Registrant, from 1998 to 2003 Mr.
Whipple served as Controller and later Chief Financial Officer of Digital
Teleport, Inc., a telecommunications company. After Digital Teleport was
acquired by CenturyTel in 2003, Mr. Whipple became Vice President of
Operational Support CenturyTel, a telecommunications company, from 2003 to
2007. In 2007, Mr. Whipple joined E3 BioFuels, a biofuels company, where he
served as its Chief Financial Officer until May 2008.
Mr. Whipple's compensation package includes an annual salary of
$200,000, an annual discretionary bonus opportunity, and a grant of 20,000
shares of restricted stock pursuant to the Registrant's 2008 Long-Term Equity
Incentive Plan, which shares will vest over three years at the rate of
one-sixth of the total shares on the first anniversary of his employment,
two-sixths on the second anniversary of his employment, and three-sixths on
the third anniversary of his employment. In addition, Mr. Whipple will be
entitled to participate in the Registrant's standard employee benefit program,
including a group insurance program, 401(k) plan and other benefits.
A copy of a press release issued by the Registrant on May 12, 2008 is
filed as Exhibit 99.2 to this Current Report on Form 8-K.
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.
See Exhibit Index.
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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 thereunto duly authorized.
Dated: May 14, 2008
ZOLTEK COMPANIES, INC.
By /s/ Zsolt Rumy
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Zsolt Rumy
Chief Executive Officer
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EXHIBIT INDEX
Exhibit
Number Description
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99.1 Press Release, dated May 12, 2008
99.2 Press Release, dated May 12, 2008
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