-----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, UqNOqUnOgKYSlyeSszSIOZ4sW85CWchJ+sgEMqobO34VhesBT5jGoijZ6d/e1lS2 I2rd4lji4qb984WkB+7ZUw== 0001104659-07-068620.txt : 20070912 0001104659-07-068620.hdr.sgml : 20070912 20070912165544 ACCESSION NUMBER: 0001104659-07-068620 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20070910 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20070912 DATE AS OF CHANGE: 20070912 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BALLY TECHNOLOGIES, INC. CENTRAL INDEX KEY: 0000002491 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-MISCELLANEOUS AMUSEMENT & RECREATION [7990] IRS NUMBER: 880104066 STATE OF INCORPORATION: NV FISCAL YEAR END: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31558 FILM NUMBER: 071113698 BUSINESS ADDRESS: STREET 1: 6601 S. BERMUDA RD. CITY: LAS VEGAS STATE: NV ZIP: 89119 BUSINESS PHONE: 7028967700 MAIL ADDRESS: STREET 1: 6601 S. BERMUDA RD. CITY: LAS VEGAS STATE: NV ZIP: 89119 FORMER COMPANY: FORMER CONFORMED NAME: ALLIANCE GAMING CORP DATE OF NAME CHANGE: 19950104 FORMER COMPANY: FORMER CONFORMED NAME: UNITED GAMING INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: GAMING & TECHNOLOGY INC DATE OF NAME CHANGE: 19890206 8-K 1 a07-23790_18k.htm 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 10, 2007

 

 

BALLY TECHNOLOGIES, INC.
(Exact name of registrant as specified in its charter)

 

 

 

Nevada

 

0-4281

 

88-0104066

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(I.R.S. Employer
Identification No.)

 

6601 S. Bermuda Rd.

 

 

Las Vegas, Nevada

 

89119

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code: (702) 584-7700

 

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))

 



Item 1.01                                             Entry into a Material Definitive Agreement.

The information contained in Item 5.02 relating to the definitive agreement that was entered into in connection with a potential purchase by Bally Technologies, Inc. (the “Company”) of shares of the Company’s common stock from Mr. Robert Luciano, is incorporated herein by reference.

Item 5.02                                             Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e)      On September 10, 2007, the Company entered into a stock purchase agreement (the “Stock Purchase Agreement”) with Mr. Robert Luciano, the Chief Technology Officer of the Company.  Under the terms of the Stock Purchase Agreement, on October 15, 2007 (or at such later date as mutually agreed upon by the Company and Mr. Luciano) (the “Closing Date”), the Company will acquire from Mr. Luciano a number of shares of the Company’s common stock, par value $0.10 per share, having an aggregate purchase price equal to Six Million Dollars ($6,000,000).  The purchase price for each share of common stock will be determined by calculating the average per share closing price of Bally’s common stock on the New York Stock Exchange for the three business days immediately prior to the Closing Date  The obligation of the Company to consummate the stock purchase are subject to satisfaction or waiver by the Company of the following conditions: (1) there has not been an open trading period, where executive officers of the Company are not subject to a blackout period, of at least three business days prior to the Closing Date; (2) Mr. Luciano remains employed as an executive officer of the Company; and (3) the Company is able to repurchase the Shares without violating any applicable law, rule or regulation.

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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, thereunto duly authorized.

 

BALLY TECHNOLOGIES, INC.

 

 

 

 

 

By:

/s/ Robert C. Caller

 

 

Robert C. Caller

 

 

Executive Vice President, Chief Financial Officer and Treasurer

 

 

 

 

 

 

 

Dated: 

September 12, 2007

 

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