Prepared By R.R. Donnelley Financial -- Form 8-K
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): 07/06/2005
Technitrol, Inc.
(Exact Name of Registrant as Specified in its Charter)
Commission File Number: 001-05375
PA
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23-1292472
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(State or Other Jurisdiction of
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(I.R.S. Employer
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Incorporation or Organization)
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Identification No.)
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1210 Northbrook Drive, Suite 470, Trevose, PA 19053
(Address of Principal Executive Offices, Including Zip Code)
(215) 355-2900
(Registrants Telephone Number, Including Area Code)
(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(17CFR240.14a-12)
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act(17CFR240.14d-2(b))
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act(17CFR240.13e-4(c))
Items to be Included in this Report
Item 1.01. Entry into a Material Definitive Agreement
In connection with the resignation of Albert Thorp, III as Senior Vice President of Technitrol, Inc. and President of AMI Doduco, Inc., Mr. Thorp and Technitrol entered into a Separation Agreement dated June 29, 2005. Pursuant to this agreement, Technitrol agreed to pay Mr. Thorp a separation amount of three months pay and to vest at 100% 9,075 shares of Technitrol stock that were previously awarded to Mr. Thorp in 2002, 2003 and 2004. In exchange, Mr. Thorp agreed to a general release of Technitrol and to certain confidentiality and non-competition obligations.
Signature(s)
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.
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Technitrol, Inc.
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Date: July 11, 2005.
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By:
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/s/ Drew A. Moyer
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Drew A. Moyer
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Senior Vice President and Chief Financial Officer
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