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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): March 13, 2006
 
BIG 5 SPORTING GOODS CORPORATION
(Exact name of registrant as specified in charter)
 
         
Delaware   000-49850   95-4388794
         
(State or Other Jurisdiction
of Incorporation)
  (Commission File Number)   (IRS Employer
Identification No.)
     
2525 East El Segundo Boulevard,
El Segundo, California
(Address of principal executive offices)
  90245

(Zip Code)
Registrant’s telephone number, including area code: (310) 536-0611
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):
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 (7 CFR 240.13e-4(c))
 
 

 


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Item 1.01. Entry into a Material Definitive Agreement.
Item 9.01. Financial Statements and Exhibits
SIGNATURES
Exhibit 10.1


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Item 1.01. Entry into a Material Definitive Agreement.
     On March 13, 2006, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of Big 5 Sporting Goods Corporation (the “Company”) approved new annual base salaries (effective March 27, 2006) of the Company’s executive officers for fiscal 2006. The following table sets forth new annual base salaries of the Company’s Named Executive Officers (as determined by reference to the Company’s proxy statement dated November 7, 2005) and the Company’s Senior Vice President, Chief Financial Officer and Treasurer (salary information for the prior year is included for comparison purposes):
                 
NAME AND POSITION   FISCAL YEAR   ANNUAL SALARY
 
               
Steven G. Miller
    2006     $ 443,000  
Chairman of the Board, President and
    2005     $ 433,000  
Chief Executive Officer
               
 
               
Barry D. Emerson
    2006     $ 300,000  
Senior Vice President, Chief Financial
    2005     $ 275,000  
Officer and Treasurer
               
 
               
Thomas J. Schlauch
    2006     $ 251,000  
Senior Vice President, Buying
    2005     $ 243,000  
 
               
Richard A. Johnson
    2006     $ 225,000  
Senior Vice President, Store Operations
    2005     $ 217,000  
 
               
Gary S. Meade
    2006     $ 190,000  
Senior Vice President, General Counsel
    2005     $ 177,000  
and Secretary
               
     Also, on March 13, 2006, the Compensation Committee authorized the payment of an annual cash bonus to each of the foregoing executive officers in respect of the year ended January 1, 2006 (fiscal 2005), which amounts were as follows (bonuses previously paid for the prior year are shown for comparison purposes):
                 
NAME   FISCAL YEAR   BONUS
 
               
Steven G. Miller
    2005     $ 415,000  
 
    2004     $ 615,000  
 
               
Thomas J. Schlauch
    2005     $ 200,000  
 
    2004     $ 217,000  
 
               
Richard A. Johnson
    2005     $ 180,000  
 
    2004     $ 197,000  
 
               
Barry D. Emerson
    2005     $ 100,000  
 
               
Gary S. Meade
    2005     $ 100,000  
 
    2004     $ 98,000  
     The foregoing is intended only to be a summary of existing arrangements and is not intended to provide any additional rights to any officer.

 


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Item 9.01. Financial Statements and Exhibits
     
Exhibit No.   Description
 
   
10.1
  Base Salary and Bonus Information for Certain Executive Officers

 


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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.
         
  BIG 5 SPORTING GOODS CORPORATION


                                                                                   
(Registrant)                             

 
 
Dated: March 17, 2006  By:   /s/ Steven G. Miller    
    Steven G. Miller   
    President and Chief Executive Officer