UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
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FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report September 19, 2006
(Date of earliest event reported)
DENTSPLY INTERNATIONAL INC
(Exact name of Company as specified in charter)
Delaware 0-16211 39-1434669
(State of Incorporation) (Commission (IRS Employer
File Number) Identification No.)
221 West Philadelphia Street, York, Pennsylvania 17405
(Address of principal executive offices) (Zip Code)
(717) 845-7511 (Company's telephone number
including area code)
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 1.01. - Entry into a Material Definitive Agreement
The following information is furnished pursuant to Item 1.01.
Item 1.01 - Gary K. Kunkle, Jr., 59, Chairman and Chief Executive
Officer, has indicated his intention to retire from the Company
effective December 31, 2006. Gary Kunkle joined DENTSPLY in January
1997, as President and Chief Operation Officer and was appointed to the
Board of Directors in March 2002. He was named Vice Chairman and Chief
Executive Officer in January 2004, and was appointed Chairman of the
Board of Directors at the conclusion of the 2005 Annual Meeting.
In connection with the impending retirement of Mr. Kunkle and in
recognition of his service to the Company, the Human Resources
Committee of the Board of Directors of the Company (the "HRC") has
determined, pursuant to a resolution adopted by the HRC on September
19, 2006 and the provisions of the Company's 2002 Amended and Restated
Equity Incentive Plan, that options to purchase 299,907 shares of the
Company's Common Stock, which would otherwise expire upon Mr. Kunkle's
retirement date of December 31, 2006, will become vested on such date,
and all his then outstanding options will be exercisable in designated
future years through 2010. If changes in applicable law would permit
Mr. Kunkle to exercise such options, which have not otherwise expired,
at his discretion at any time within five years from his retirement
date without imposition of adverse tax consequences, then the exercise
dates shall be changed accordingly.
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this report to be signed on its behalf by the undersigned
hereunto duly authorized.
DENTSPLY INTERNATIONAL INC
(Company)
/s/ Brian M. Addison
Brian M. Addison
Vice President, Secretary and
General Counsel
Date: September 22, 2006