UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, DC 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) September 5, 2007

BLYTH, INC.

(Exact Name of Registrant as Specified in Its Charter)

Delaware

 

1-13026

 

36-2984916

(State or Other

 

(Commission

 

(IRS Employer

Jurisdiction of Incorporation)

 

File Number)

 

Identification No.)

 

One East Weaver Street, Greenwich, Connecticut

 

06831

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s Telephone Number, including Area Code (203) 661-1926

Not Applicable

(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:

o                                    Written communications pursuant to Rule 425 under the Securities Act

o                                    Soliciting material pursuant to Rule 14a-12 under the Exchange Act

o                                    Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

o                                    Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 



 

Item 5.02.         Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

At the time Anne Butler, President of PartyLite Worldwide and Vice President of the Company, joined PartyLite, the Company agreed to pay her an amount equal to that which she would have earned under the long-term incentive plan of her former employer.  In September 2007, Ms. Butler satisfied the conditions, including the delivery of appropriate supporting documentation, necessary for the Company to make that payment, and the Company expects to make a payment of $204,000 to Ms. Bulter in September 2007.

 



 

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.

BLYTH, INC.

 

 

 

Date: September 10, 2007

By:

/s/ Michael S. Novins

 

Name:

Michael S. Novins

 

Title:

Vice President and General Counsel