-----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, HszJJtdnLb8+Qm6cw32CoMWPt5gQRRReQ0+PzSuP4upny/wR3789m1NFa52YYxTj bGTZuuA4cKn4oNOTt0WJtw== 0001047122-07-000113.txt : 20070508 0001047122-07-000113.hdr.sgml : 20070508 20070508172001 ACCESSION NUMBER: 0001047122-07-000113 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070502 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070508 DATE AS OF CHANGE: 20070508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RAYTHEON CO/ CENTRAL INDEX KEY: 0001047122 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 951778500 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-13699 FILM NUMBER: 07829168 BUSINESS ADDRESS: STREET 1: 870 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02451-1449 BUSINESS PHONE: 781-522-3031 MAIL ADDRESS: STREET 1: 870 WINTER STREET CITY: WALTHAM STATE: MA ZIP: 02451-1449 FORMER COMPANY: FORMER CONFORMED NAME: HE HOLDINGS INC DATE OF NAME CHANGE: 19971001 8-K 1 form8k050207.htm 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): May 2, 2007

RAYTHEON COMPANY

(Exact name of registrant as specified in its charter)

 

Delaware

(State of Incorporation)

1-13699

(Commission File Number)

95-1778500

(IRS Employer

Identification Number)

 

870 Winter Street, Waltham, Massachusetts 02451

(Address of Principal Executive Offices) (Zip Code)

 

(781) 522-3000

(Registrant’s telephone number, including area code)

 

________________

 

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. below):

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 (17 CFR 240.13e-4(c))

 

________________________________________________________________

Item 5.02.

Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers

 

(e) Compensatory Arrangements of Certain Officers

 

On May 2, 2007, the Board of Directors of Raytheon Company (the “Company”), upon the recommendation of the Management Development and Compensation Committee, approved a restricted stock award under the Company’s 2001 Stock Plan and the annual base salary for each of the Company’s Chief Executive Officer, Chief Financial Officer and other executive officers named in the Company’s most recent definitive proxy statement, as set forth in the table below. The restricted stock awards vest one-third per year on each of the second, third and fourth anniversaries of the grant date, subject to the executive remaining employed by the Company.

 

 

Name and Position

 

Restricted Stock

(#)

Base Salary

($)

 

William H. Swanson

Chairman and Chief Executive Officer

70,000

$1,248,000

 

 

 

David C. Wajsgras

Senior Vice President and Chief Financial Officer

18,200

 

$742,000

 

 

 

Jay B. Stephens

Senior Vice President, General Counsel and Secretary

17,300

$647,317

 

 

 

Louise L. Francesconi

Vice President and President, Missile Systems

16,400

$502,590

 

 

 

1

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.

 

 

RAYTHEON COMPANY

 

 

 

Date:

May 8, 2007

By: /s/ Jay B. Stephens

 

Jay B. Stephens

 

Senior Vice President, General Counsel

 

and Secretary

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

2

 

 

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