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) May 24, 2007
ATLANTIC TELE-NETWORK, INC.
(Exact name of registrant as specified in its charter)
Delaware |
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001-12593 |
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47-0728886 |
(State or other |
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(Commission File Number) |
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(IRS Employer |
jurisdiction of incorporation) |
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Identification No.) |
10
Derby Square
Salem, Massachusetts 01970
(Address of principal executive offices and zip code)
(978) 619-1300
(Registrants telephone number, including area code)
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 (see General Instruction A.2. below):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 5.02 Entry Into a Material Definitive Agreement.
(e) At the Annual Meeting of Stockholders of Atlantic Tele-Network, Inc. (the Company) held on May 24, 2007, the Companys stockholders approved an amendment to the Companys 1998 Stock Option Plan (the Plan) to (i) increase the number of shares available under the Plan by 300,000 shares, (ii) prohibit the granting of options at an exercise price below fair market value and (iii) prevent deferred delivery of shares following the exercise of options granted under the Plan.
The amendments to the Plan were previously adopted by the Companys Board of Directors, subject to the approval of stockholders, and became effective with stockholder approval on May 24, 2007.
A more complete description of the key terms of the Plan can be found in the Companys definitive proxy statement filed with the Securities and Exchange Commission on April 30, 2007, which description is incorporated herein by reference. The description of the Plan is qualified in its entirety by reference to the text of the Plan, a copy of which is filed as an exhibit to this report.
Item 9.01 Financial Statements and Exhibits.
(d) |
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Exhibits |
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10.1 |
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Atlantic Tele-Network, Inc. 1998 Stock Option Plan (incorporated by reference to Appendix A to Atlantic Tele-Network, Inc.s Proxy Statement on Schedule 14A filed on April 30, 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.
ATLANTIC TELE-NETWORK, INC. |
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By: |
/s/ Justin D. Benincasa |
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Justin D. Benincasa |
Dated: May 31, 2007
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Exhibit |
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Description of Exhibit |
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10.1 |
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Atlantic Tele-Network, Inc. 1998 Stock Option Plan (incorporated by reference to Appendix A to Atlantic Tele-Network, Inc.s Proxy Statement on Schedule 14A filed on April 30, 2007). |
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