UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
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 10, 2005
WINLAND ELECTRONICS, INC.
Minnesota
(State or Other Jurisdiction of Incorporation)
| 1-15637 (Commission File Number) |
41-0992135 (IRS Employer Identification No.) |
1950 Excel Drive
Mankato, Minnesota 56001
(Address of Principal Executive Offices) (Zip Code)
(507) 625-7231
(Registrant’s telephone number, including area code)
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:
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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)) |
Item 1.01 Entry into a Material Definitive Agreement.
On May 10, 2005, the shareholders of Winland Electronics, Inc. (the “Company”) approved the 2005 Equity Incentive Plan, which provides for the issuance of up to 400,000 shares of the Company’s Common Stock. A copy of the plan and forms of agreements to be used under the plan are attached hereto as exhibits.
Item 9.01 Financial Statements and Exhibits.
| (a) | Financial statements: None. | |||
| (b) | Pro forma financial information: None. | |||
| (c) | Exhibits: | |||
| 10.1 | 2005 Equity Incentive Plan |
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| 10.2 | Form of Incentive Stock Option Agreement under the 2005 Equity Incentive Plan | |||
| 10.3 | Form of Nonqualified Stock Option Agreement under the 2005 Equity Incentive Plan | |||
| 10.4 | Form of Restricted Stock Agreement under the 2005 Equity Incentive Plan | |||
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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 hereunto duly authorized.
Dated: May 12, 2005
| WINLAND ELECTRONICS, INC. | ||||||
| By | /s/ Lorin E. Krueger | |||||
| Lorin E. Krueger | ||||||
| President and Chief Executive Officer | ||||||
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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
EXHIBIT INDEX TO FORM 8-K
| Date of Report: | Commission File No.: | |
| May 10, 2005 | 1-15637 |
WINLAND ELECTRONICS, INC.
| EXHIBIT NO. | ITEM | |
10.1
|
2005 Equity Incentive Plan | |
10.2
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Form of Incentive Stock Option Agreement under the 2005 Equity Incentive Plan | |
10.3
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Form of Nonqualified Stock Option Agreement under the 2005 Equity Incentive Plan | |
10.4
|
Form of Restricted Stock Agreement under the 2005 Equity Incentive Plan |
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