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
May 18, 2006
COMPUDYNE CORPORATION
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(Exact name of registrant as specified in its charter)
NEVADA
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(State or other jurisdiction of incorporation or organization)
0-29798 23-1408659
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(Commission File Number) (I.R.S. employer identification number)
2530 Riva Road, Suite 201
Annapolis, Maryland 21401
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(Address of principal executive office) (Zip code)
Registrant's telephone number, including area code
(410) 224-4415
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 (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.
CompuDyne Corporation (the "Company") announced the appointment of Brad Wiggins
to the position of Chief Operating Officer of the Company as of May 17, 2006.
Prior to his appointment to Chief Operating Officer, Mr. Wiggins held the
position of President - Attack Protection, a position he has held since January
2005. From 2002 until 2004 Mr. Wiggins pursued personal interests. From 1999
until 2002 Mr. Wiggins was Managing Director at Owens Corning (India), Ltd.
Mr. Wiggins' base salary will be $260,000 per year and he has been granted
30,000 stock options. Mr. Wiggins also has the potential to earn a bonus based
on future performance and objectives.
Item 9.01 Financial Statements and Exhibits
Exhibit No. Description
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99.1 Press release of the Company dated May 18, 2006
SIGNATURE
Pursuant to the requirement 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.
Date: May 18, 2006
COMPUDYNE CORPORATION
By: /s/ Geoffrey F. Feidelberg
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Geoffrey F. Feidelberg
Its: Chief Financial Officer