8-K 1 form8-k12012005.htm FORM 8-K DATED 12-01-2005 Form 8-K dated 12-01-2005
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): November 30, 2005


(Exact name of registrant as specified in its charter)
Delaware
 
0-24249
 
22-2919486
(State or other jurisdiction
of incorporation)
 
(Commission
File Number)
 
(I.R.S. Employer
Identification No.)
Saddle River Executive Centre
1 Route 17 South
Saddle River, NJ 07458
(Address of principal executive office)
Registrant’s telephone number, including area code: (201) 258-8450
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 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))


 Entry into a Material Definitive Agreement.  

On October 21, 2005, PDI, Inc. (the “Company”) issued a press release announcing that Larry Ellberger had been appointed as the Company’s interim Chief Executive Officer. On November 30, 2005, in recognition of Mr. Ellberger’s expanded role as interim Chief Executive Officer, the Compensation and Management Development Committee of the Company’s Board of Directors approved an award to Mr. Ellberger of 5,000 shares of the Company’s common stock and $100,000 in cash, with the cash payment to be made in January 2006.  

 

 
 
 





         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.

Dated: December 1, 2005
PDI, INC.
 
By:
/s/ Brian Boyle
 
Name:
Brian Boyle
 
Title:
Chief Financial Officer