-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, G8JYfOna8sECyQydHDCMW9VqoHhF85GwyW1lHa5DpC+KhtlkQVPaJS4N3x68Pog3 x24Var0TAYXgTz7HLw/WlQ== 0001017951-05-000453.txt : 20051018 0001017951-05-000453.hdr.sgml : 20051018 20051018170639 ACCESSION NUMBER: 0001017951-05-000453 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20051014 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20051018 DATE AS OF CHANGE: 20051018 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ZAP CENTRAL INDEX KEY: 0001024628 STANDARD INDUSTRIAL CLASSIFICATION: MOTORCYCLES, BICYCLES & PARTS [3751] IRS NUMBER: 943210624 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-32534 FILM NUMBER: 051143427 BUSINESS ADDRESS: STREET 1: 501 FOURTH STREET CITY: SANTA ROSA STATE: CA ZIP: 95401 BUSINESS PHONE: 7075258658 MAIL ADDRESS: STREET 1: 501 FOURTH STREET CITY: SANTA ROSA STATE: CA ZIP: 95401 FORMER COMPANY: FORMER CONFORMED NAME: ZAPWORLD COM DATE OF NAME CHANGE: 19990715 FORMER COMPANY: FORMER CONFORMED NAME: ZAP POWER SYSTEMS INC DATE OF NAME CHANGE: 19970319 8-K 1 f8k_101405i502.htm FORM 8-K DATED OCTOBER 14, 2005 ZAP Form 8-K dated October 14, 2005

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):   October 14, 2005


ZAP
(Exact name of Registrant as specified in its charter)

                 

California

            

0-303000

                      

94-3210624

(State or other jurisdiction of
incorporation or organization)

           

Commission File Number

                       

IRS Employer
Identification Number

          

501 Fourth Street
Santa Rosa, CA

                                        

95401

(Address of principal executive offices)

                                        

(Zip Code)

(707) 525-8658
(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:

o

 

Written communications pursuant to Rule 425 under 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-14(c) under the Exchange Act (17 CFR 240.13e-4(c))


Section 5.  Corporate Governance and Management

Item 5.02.  Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers

            On October 14, 2005, Max Scheder–Bieschin, age 43, joined ZAP as Executive Vice President.  Mr. Scheder–Bieschin has over 18 years of experience in investment banking and corporate finance, including mergers and acquisitions, private placements, and debt and equity offerings.  Prior to joining ZAP, Mr. Scheder–Bieschin served as Managing Director of Corporate Finance for Deutsche Bank in Frankfurt, Germany from 2001 to 2004.  At Deutsche Bank, Mr. Scheder–Bieschin was responsible for the mergers and acquisitions practice, focusing on cross-border transactions with industrial as well as private equity clients.  From 1995 to 2001, Mr. Scheder–Bieschin led the mergers and acquisitions practice group at ING BHF Bank in Frankfurt and New York as Managing Director of Corporate Finance.  Earlier in his career, Mr. Scheder–Bieschin was a Principal with Fredericks Michael & Co., a New York based mergers and acquisitions boutique investment banking firm; Associate Director in the Real Estate Investment Banking Group with Bear Stearns & Co. in New York; and, a Staff Accountant with Peat, Marwick, Mitchell & Co. in New York.  Mr. Scheder–Bieschin received a Bachelors in Economics from Stanford University and a Masters in Accounting from New York University.  He is also a graduate of the Executive Program in Strategy and Organization from the Stanford Graduate School of Business.

            Mr. Scheder–Bieschin will receive an initial salary of $120,000, partially paid in shares of ZAP common stock, 250,000 warrants to purchase common stock exercisable until July 1, 2007 at $1.20 per share, and options to purchase 250,000 shares of common stock pursuant to ZAP’s employee stock option plan.  Additional terms and conditions of Mr. Scheder-Bieschin’s employment will be as specified in ZAP’s employee handbook, including standard benefits offered to 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.

                   

             

ZAP

   

                

   

   

                

   

Date: October 18, 2005

                

By: /s/ Steven M. Schneider                             

                   

Steven M. Schneider

                   

Chief Executive Officer

          






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