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 (Date of earliest event reported): February 19, 2007
___________________
Shenandoah Telecommunications Company
(Exact name of registrant as specified in its charter)
__________________
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Virginia |
0-9881 |
54-1162807 |
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(State or other jurisdiction of incorporation) |
(Commission File Number) |
(IRS Employer Identification No.) |
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500 Shentel Way P.O. Box 459 Edinburg, VA |
22824 |
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(Address of principal executive offices) |
(Zip Code) |
Registrant’s telephone number, including area code: (540) 984-4141
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 (see General Instruction A.2. below):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2-(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
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Item 5.02(e) Compensatory Arrangements of Certain Officers
At its meeting on February 19, 2007, the Board of Directors of the Company, acting pursuant to a recommendation of its personnel committee, approved cash bonuses for fiscal year 2006 performance for the Company’s Chief Executive Officer, Chief Financial Officer and Named Executive Officers, subject to certain conditions. On March 1, 2007, the final condition was removed, and the following cash bonus amounts were approved for the indicated officers:
| Name and Principal Position |
Bonus |
||||||||
|---|---|---|---|---|---|---|---|---|---|
| Christopher E French | |||||||||
| President | $82,203 | ||||||||
| Earle A MacKenzie | |||||||||
| Executive Vice President | |||||||||
| and Chief Financial Officer | $56,856 | ||||||||
| Jonathan R Spencer | |||||||||
| Vice President | |||||||||
| and General Counsel | $24,061 | ||||||||
| David E Ferguson | |||||||||
| Vice President, Customer Services | $31,442 | ||||||||
| William L Pirtle | |||||||||
| Vice President, Sales | $37,841 | ||||||||
The Board of Directors awarded the cash bonuses to each of the executive officers pursuant to the Company’s cash incentive plan for fiscal year 2006.
SIGNATURE
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.
SHENANDOAH TELECOMMUNICATIONS COMPANY
(Registrant)
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March 1, 2007 |
/s/ Earle A. MacKenzie |
Executive Vice President and
Chief Financial Officer
(Duly Authorized Officer and Principal Financial Officer)
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