Form 8-K

 

 

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): March 19, 2015

 

 

Graham Corporation

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware   1-8462   16-1194720

(State or other jurisdiction

of incorporation)

   (Commission
File Number)		   (IRS Employer
Identification No.)

 

20 Florence Avenue, Batavia, New York   14020
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (585) 343-2216

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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 19, 2015, the Compensation Committee of the Company’s Board of Directors approved a 3% increase to the base salary of each of the Company’s below listed named executive officers, as follows:

 

Named Executive Officer

    Current
Base Salary		      New
Base Salary		  

James R. Lines,

President and Chief Executive Officer

    $ 360,706       $ 371,527   

Jeffrey Glajch,

Vice President – Finance & Administration and Chief Financial Officer

    $ 254,616       $ 262,254   

Alan Smith,

Vice President of Operations

    $ 217,485       $ 224,010   

Jennifer Condame,

Controller and Chief Accounting Officer

    $ 159,135       $ 163,909   

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.

 

Graham Corporation
Date: March 23, 2015 By:  

  /s/ Jeffrey Glajch

  Jeffrey Glajch
  Vice President – Finance & Administration and
  Chief Financial Officer

 

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