-----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, NC1t4hFkL5Jhm7ETM0jyPfb+GciJdVfYiR4LEDNejebN3PdgMpdrzwR6dEJHT1Ng uP3d0YcSmivb5rPG8Icc7Q== 0000950134-08-005578.txt : 20080328 0000950134-08-005578.hdr.sgml : 20080328 20080328114833 ACCESSION NUMBER: 0000950134-08-005578 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080326 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20080328 DATE AS OF CHANGE: 20080328 FILER: COMPANY DATA: COMPANY CONFORMED NAME: RANGE RESOURCES CORP CENTRAL INDEX KEY: 0000315852 STANDARD INDUSTRIAL CLASSIFICATION: CRUDE PETROLEUM & NATURAL GAS [1311] IRS NUMBER: 341312571 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-12209 FILM NUMBER: 08717624 BUSINESS ADDRESS: STREET 1: 100 THROCKMORTON STE. 1200 CITY: FT WORTH STATE: TX ZIP: 76102 BUSINESS PHONE: 817-870-2601 MAIL ADDRESS: STREET 1: 100 THROCKMORTON STE. 1200 CITY: FT WORTH STATE: TX ZIP: 76102 FORMER COMPANY: FORMER CONFORMED NAME: LOMAK PETROLEUM INC DATE OF NAME CHANGE: 19920703 8-K 1 d55362e8vk.htm FORM 8-K e8vk
 

 
 
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): March 28, 2008 (March 26, 2008)
RANGE RESOURCES CORPORATION
(Exact name of registrant as specified in its charter)
         
Delaware
(State or other jurisdiction of
incorporation)
  001-12209
(Commission
File Number)
  34-1312571
(IRS Employer
Identification No.)
     
100 Throckmorton Street, Suite 1200
Ft. Worth, Texas

(Address of principal
executive offices)
  76102
(Zip Code)
Registrant’s telephone number, including area code: (817) 870-2601
(Former name or former address, if changed since last report): Not applicable
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 Entry Into a Material Definitive Agreement.
     On March 26, 2008, the Compensation Committee of the Board of Directors of Range Resources Corporation (the “Company”) established threshold, target and excellent bonus levels to be paid as incentive cash awards (“Annual Incentive Awards”) to the Company’s executives for fiscal 2008 pursuant to the Company’s 2005 Equity-Based Compensation Plan (the “2005 Plan”). The table below sets forth the threshold, target and excellent bonus levels applicable to the Company’s principal executive officer, principal financial officer and the other named executive officers, expressed as a percentage of each executive’s base salary:
                         
    Annual Incentive Payout % of Salary
    Threshold   Target   Excellent
                         
John H. Pinkerton
    50 %     100 %     200 %
Jeffrey L. Ventura
    50 %     100 %     200 %
Mark D. Whitley
    30 %     60 %     120 %
Roger S. Manny
    30 %     60 %     120 %
Chad L. Stephens
    30 %     60 %     120 %
     For purposes of the Annual Incentive Awards under the 2005 Plan, the Company’s performance for fiscal 2008 will be evaluated based upon achievement of certain predetermined targets for the following five performance criteria:
    finding and development costs;
 
    pre-tax earnings before interest, depreciation, depletion and amortization, and exploration expense (excluding any non-cash revenues and expenses) (“EBITDAX”);
 
    production per share;
 
    reserves per share; and
 
    stock price performance.

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.
         
  RANGE RESOURCES CORPORATION
 
 
  By:   /s/ Rodney L. Waller   
    Rodney L. Waller    
    Senior Vice President   
 
Date: March 28, 2008

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