Angelica Corporation 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): January
27, 2006
ANGELICA
CORPORATION
(Exact
name of Company as specified in its charter)
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Missouri
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1-5674
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43-0905260
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(State
or other jurisdiction
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(Commission
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(I.R.S.
Employer
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of
incorporation)
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File
Number)
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Identification
No.)
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424 South Woods Mill Road
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Chesterfield, Missouri
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63017-3406
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(Address
of principal executive offices)
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(Zip
Code)
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(314)
854-3800
(Company’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 Company 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
Compensation and Organization Committee of the Board of Directors of the
Company on January 17, 2006 approved awards of performance-based
restricted stock under the Company’s Long Term Incentive Program to be granted
effective January 30, 2006, based on the closing price of the Company’s stock on
January 27, 2006. The awards of performance-based restricted stock will be
earned if the three-year performance goals associated with the awards are
achieved. The awards are subject to forfeiture in certain circumstances.
Restricted stock was awarded to Stephen M. O’Hara, Chairman and Chief Executive
Officer, 19,366 shares; David A. Van Vliet, President and Chief Operating
Officer, 15,656 shares; Steven L. Frey, Vice President, General Counsel and
Secretary, 6,127 shares; and James W. Shaffer, Vice President and Chief
Financial Officer, 5,828 shares.
On
January 27, 2006, the Compensation
and Organization Committee authorized
and approved an increase to the base salary of James W. Shaffer, Vice President
and Chief Financial Officer. Mr. Shaffer’s base salary increased from $185,000
to $195,000 per year. The increase became effective January 29,
2006.
Item
9.01 Financial
Statements and Exhibits.
(a) Financial
statements of businesses acquired.
Not
applicable.
(b) Pro
forma financial information.
Not
applicable.
(c) Exhibits.
None.
* * *
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.
Dated:
January 31, 2006
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ANGELICA
CORPORATION
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By:
/s/ Steven L.
Frey
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Name:
Steven L. Frey
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Title:
Vice President & General Counsel
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