eix8kexecbonusprogram
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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 28, 2008
EDISON INTERNATIONAL
(Exact name of registrant as specified in its charter)
CALIFORNIA 001-9936 95-4137452
(State or other jurisdiction (Commission (I.R.S. Employer
of incorporation) File Number) Identification No.)
2244 Walnut Grove Avenue
(P.O. Box 800)
Rosemead, California 91770
(Address of principal executive offices, including zip code)
626-302-2222
(Registrant's telephone number, including area code)
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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))
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Section 5 - Corporate Governance and Management
Item 5.02(e) Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Edison International 2008 Executive Bonus Program
On February 28, 2008, the Compensation and Executive Personnel Committee (the
"Committee") of the Board of Directors of Edison International approved the Edison
International 2008 Executive Bonus Program (the "2008 Bonus Program"). The following
summary of the 2008 Bonus Program is qualified in its entirety by reference to the text of
the 2008 Bonus Program, which is filed as Exhibit 10.1 hereto and incorporated by reference
herein.
The 2008 Bonus Program creates a bonus pool having a maximum value equal to 1.5% of
Edison International's consolidated earnings from continuing operations during fiscal year
2008. Certain Edison International executive officers were granted performance-based
awards under the 2008 Bonus Program having a maximum value equal to a fixed percentage of
the bonus pool, if any. The maximum fixed percentage of the bonus pool allocated to each
named executive officer of Edison International who participates in the 2008 Bonus Program
is as follows:
Name and Title Percentage of Bonus Pool
John E. Bryson, Chairman of the Board, 27%
President and CEO of Edison International
Theodore F. Craver, Jr., Chairman of the Board, 27%
President and CEO of Edison Mission Group Inc.
Alan J. Fohrer, Chairman of the Board and 12%
CEO of Southern California Edison
Company ("SCE")
Thomas R. McDaniel, Executive Vice 10%
President, CFO and Treasurer of
Edison International
John R. Fielder, President of SCE 7%
The Committee will administer the 2008 Bonus Program, determine final bonus amounts,
and retains discretion to reduce (but not increase) the actual amount payable to any of
these officers from the maximum amount determined under the program.
Section 9 - Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits
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(c) Exhibits
See the Exhibit Index below.
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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.
EDISON INTERNATIONAL
(Registrant)
/s/ Linda G. Sullivan
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Linda G. Sullivan
Vice President and Controller
Date: March 5, 2008
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EXHIBIT INDEX
Exhibit No. Description
10.1 Edison International 2008 Executive Bonus Program
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