-----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, Jymy+vcBej4QB1E0eBHxWgfVdrFiZAjKCLiE7TprLDxNRVhbnDay5qCzCzntqaX+ RtKbyTzV421UyyWw+/cCuQ== 0000950152-08-007246.txt : 20080917 0000950152-08-007246.hdr.sgml : 20080917 20080917144151 ACCESSION NUMBER: 0000950152-08-007246 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080911 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20080917 DATE AS OF CHANGE: 20080917 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PARK OHIO INDUSTRIES INC/OH CENTRAL INDEX KEY: 0001068148 STANDARD INDUSTRIAL CLASSIFICATION: METAL FORGING & STAMPINGS [3460] IRS NUMBER: 346520107 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 333-43005-01 FILM NUMBER: 081075974 BUSINESS ADDRESS: STREET 1: 23000 EUCLID AVE CITY: CLEVELAND STATE: OH ZIP: 44117 BUSINESS PHONE: 2166927066 MAIL ADDRESS: STREET 1: 23000 EUCLID AVE CITY: CLEVELAND STATE: OH ZIP: 44117 FILER: COMPANY DATA: COMPANY CONFORMED NAME: PARK OHIO HOLDINGS CORP CENTRAL INDEX KEY: 0000076282 STANDARD INDUSTRIAL CLASSIFICATION: METAL FORGING & STAMPINGS [3460] IRS NUMBER: 346520107 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-03134 FILM NUMBER: 081075975 BUSINESS ADDRESS: STREET 1: 23000 EUCLID AVE CITY: CLEVELAND STATE: OH ZIP: 44117 BUSINESS PHONE: 2166927200 MAIL ADDRESS: STREET 1: 23000 EUCLID AVE CITY: CLEVELAND STATE: OH ZIP: 44117 FORMER COMPANY: FORMER CONFORMED NAME: PARK OHIO INDUSTRIES INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: GROWTH INTERNATIONAL INC DATE OF NAME CHANGE: 19730404 FORMER COMPANY: FORMER CONFORMED NAME: DISCOUNT CENTERS INC DATE OF NAME CHANGE: 19680605 8-K 1 l33234ae8vk.htm PARK-OHIO HOLDINGS/PARK-OHIO INDUSTRIES 8-K Park-Ohio Holdings/Park-Ohio Industries 8-K
 
 
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 11, 2008                         
Park-Ohio Holdings Corp.
 
(Exact Name of Registrant as Specified in Charter)
         
Ohio   000-03134   34-1867219
 
(State or Other Jurisdiction
of Incorporation) 		  (Commission File Number)   (IRS Employer Identification No.)
     
6065 Parkland Blvd., Cleveland, Ohio   44124
 
(Address of Principal Executive Offices)   (Zip Code)
Registrant’s telephone number, including area code:                 (440) 947-2000                         
N/A
 
(Former Name or Former Address, if Changed Since Last Report)
Park-Ohio Industries, Inc.
 
(Exact Name of Registrant as Specified in Charter)
         
Ohio   333-43005   34-6520107
 
(State or Other Jurisdiction
of Incorporation) 		  (Commission File Number)   (IRS Employer Identification No.)
     
6065 Parkland Blvd., Cleveland, Ohio   44124
 
(Address of Principal Executive Offices)   (Zip Code)
Registrant’s telephone number, including area code:                 (440) 947-2000                         
N/A
 
(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))
 
 

 

 

Item 5.02.   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
     As permitted by Treasury Regulation Section 1.409A-2(b)(7)(i), on September 11, 2008, Park-Ohio Holdings Corp. (the “Company”) delayed the vesting of (a) 48,470 restricted shares of the Company’s common stock held by the Company’s Chairman of the Board of Directors and Chief Executive Officer, Edward F. Crawford, and (b) 13,500 restricted shares of the Company’s common stock held by the Company’s President and Chief Operating Officer, Matthew V. Crawford, in each case that would have otherwise vested on September 12, 2008 because the Company anticipated that it would not be able to deduct the compensation expense related to such shares under Section 162(m) of the Internal Revenue Code. To effectuate this delayed vesting, on September 11, 2008, (a) Mr. E. Crawford exchanged his 48,470 shares of restricted stock for 48,470 restricted stock units and (b) Mr. M. Crawford exchanged his 13,500 shares of restricted stock for 13,500 restricted stock units. The restricted stock units granted to Mr. E. Crawford fully vested on September 12, 2008 and will be paid to Mr. E. Crawford in shares of the Company’s common stock when his employment with the Company is terminated in the future. The restricted stock units granted to Mr. M. Crawford fully vest on September 12, 2008 and will be paid to Mr. M. Crawford in future years in shares of the Company’s common stock when the deduction by the Company for such payment would not be prohibited under Section 162(m).

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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 hereunto duly authorized.
         
  PARK-OHIO HOLDINGS CORP.
 		  
  By:   /s/ Robert D. Vilsack    
    Name:   Robert D. Vilsack   
Dated: September 17, 2008    Title:   Secretary   
 
         
  PARK-OHIO INDUSTRIES, INC.
 		  
  By:   /s/ Robert D. Vilsack    
    Name:   Robert D. Vilsack   
Dated: September 17, 2008    Title:   Secretary   
 

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