EFFECTIVE AUGUST 23RD, 2004
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
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Date of Report (Date of earliest event reported) November 15, 2004
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Gilman + Ciocia, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 000-22996 11-2587324
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
11 Raymond Avenue, Poughkeepsie, New York 12603
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (845)485-5278
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N/A
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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 (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.
On November 15, 2004 the Board of Directors of Gilman + Ciocia, Inc. (the
"Company") appointed Carole Enisman, 45, to the position of Executive Vice
President of Operations. Ms. Enisman is the spouse of Michael Ryan, the
Company's Chief Executive Officer and a Director. Ms. Enisman will serve in the
position until such time as she shall resign or be terminated by the Board of
Directors. There is no arrangement or understanding between Ms. Enisman and any
other person pursuant to which she was selected as an officer of the Company.
Ms. Enisman has served as Chief Operating Officer of Prime Capital Services,
Inc. ("PCS"), a subsidiary of the Company, since 2001, and prior thereto as
Executive Vice President of Operations of PCS. Ms. Enisman's spouse, Mr. Ryan,
is a major shareholder of Prime Partners, Inc. of New York ("Prime Partners"),
which is a lender to the Company, and Prime Income Partners, LP ("Prime
Income"), which is the landlord for the Company's headquarters in Poughkeepsie,
New York. Ms. Enisman has no direct interest in Prime Partners and Prime Income.
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November 16, 2004
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.
Gilman + Ciocia, Inc.
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(Registrant)
Date November 16, 2004
------------------------- /s/ Christopher Kelly
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Name: Christopher Kelly
Title: General Counsel
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