-----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, GFluFrc7Q1UFxRjiBHNgBxcIOE4/h54trSiDfccE6EMhz2eECZcRLFDuJT3a1xVA deTQD1amy31wrMti+ucT/g== 0000895345-04-000771.txt : 20041022 0000895345-04-000771.hdr.sgml : 20041022 20041022171525 ACCESSION NUMBER: 0000895345-04-000771 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20041022 ITEM INFORMATION: Entry into a Material Definitive Agreement FILED AS OF DATE: 20041022 DATE AS OF CHANGE: 20041022 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TELEWEST GLOBAL INC CENTRAL INDEX KEY: 0001270400 STANDARD INDUSTRIAL CLASSIFICATION: TELEPHONE COMMUNICATIONS (NO RADIO TELEPHONE) [4813] IRS NUMBER: 593778247 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-50886 FILM NUMBER: 041092495 BUSINESS ADDRESS: STREET 1: C/O CT CORPORATION SYSTEM STREET 2: 1209 ORANGE STREET CITY: WILMINGTON STATE: DE ZIP: 19801 BUSINESS PHONE: 442072995000 MAIL ADDRESS: STREET 1: 160 GREAT PORTLAND STREET CITY: LONDON STATE: X0 ZIP: W1W 5QA 8-K 1 tp8k_telewest.txt 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): September 8, 2004 TELEWEST GLOBAL, INC. (Exact name of registrant as specified in its charter) Delaware File No. 000-50886 59-3778247 (State of incorporation) (Commission File Number) (IRS Employer Identification No.) 160 Great Portland Street London W1W 5QA, United Kingdom ---------------------------------------- (Address of principal executive offices) (zip code) Registrant's telephone number, including area code: +44-20-7299-5000 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: [ ] 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 On October 22, 2004, Telewest Global, Inc. (the "Company") entered into an employment agreement with Anthony W.P. Stenham, the Chairman of the board of directors of the Company, on substantially the terms and conditions previously disclosed in the Company's Registration Statement on Form S-1 (No. 333-115508) filed with the U.S. Securities and Exchange on July 16, 2004, with the following changes: o Mr. Stenham will be provided with substantially the same medical benefits as provided by the Company to other members of its senior leadership team; o Mr. Stenham's engagement with the Company may be terminated immediately at any time, provided that Mr. Stenham is entitled to a severance payment of (pound)450,000 if such termination is without cause; o Pursuant to his employment agreement, Mr. Stenham has been granted options to purchase 367,500 shares of the Company's common stock at an exercise price of $0.01 per share in lieu of his previously disclosed entitlement to 367,500 shares of restricted stock. The options vest in arrears, subject to ratable acceleration upon the satisfaction of performance goals measured annually over a five-year period on the same terms as the proposed restricted stock grant. 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 thereunto duly authorized. TELEWEST GLOBAL, INC. Dated: October 22, 2004 By: /s/ Clive Burns -------------------------------- Name: Clive Burns Title: Secretary -----END PRIVACY-ENHANCED MESSAGE-----