UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8 - K
Current Report
Pursuant To Section 13 or 15(d) of theSecurities Exchange Act of 1934
Date of report (Date of earliest event reported) : December 14, 2004
CALPROP CORPORATION
(Exact name of registrant as specified in its charter)
California 1-6844 95-4044835
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(State or other jurisdiction of (Commission File Number) (I.R.S. Employer
incorporation or organization) Identification No.)
13160 Mindanao Way, Suite 180, Marina Del Ray, California 90292
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(Address of principal executive offices)(Zip Code)
(Registrant's telephone number, including area code (310) 306-4314
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Not Applicable
(Former name, former address and former fiscal year,
if changed since last report.)
Check the approprate box below if the Form 8-K is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following
provisions (see General Instruction A-2 below):
[] 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 5.02. Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers.
(d) (1) Effective as of December 14, 2004, Barry Glaser was elected as a
director of the Registrant.
(2) None
(3) Except for the Audit Committee, the Registrant does not contemplate
that Mr. Glaser will serve on any other special committees; the
primary reason for Mr. Glaser's election is to act as an
independent director with respect to any tender offer or going
private transaction that may occur in the future, as referenced
and disclosed in the Registrant's 10-Q for the quarterly period
ending September 30, 2004.
(4) None
SIGNATURES
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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.
CALPROP CORPORATION
By: /s/ Henry E. Nierodzik
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Henry E. Nierodzik
Chief Accounting Officer
December 15, 2004