-----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, DxcuNPkh2UhVR92ei99Siu8S1Ay0zI1ewqLxWqHIAcZbjWLhv/BSkndQ/RfKuGis Zm8NGMYohC/1R3Mclrq6Dw== 0001104659-09-034993.txt : 20090527 0001104659-09-034993.hdr.sgml : 20090527 20090527103349 ACCESSION NUMBER: 0001104659-09-034993 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20090522 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20090527 DATE AS OF CHANGE: 20090527 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GEORGIA GULF CORP /DE/ CENTRAL INDEX KEY: 0000805264 STANDARD INDUSTRIAL CLASSIFICATION: INDUSTRIAL INORGANIC CHEMICALS [2810] IRS NUMBER: 581563799 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09753 FILM NUMBER: 09853507 BUSINESS ADDRESS: STREET 1: 115 PERIMETER CENTER PLACE STREET 2: STE. 460 CITY: ATLANTA STATE: GA ZIP: 30346 BUSINESS PHONE: 7703954500 MAIL ADDRESS: STREET 1: 115 PERIMETER CENTER PLACE STREET 2: STE. 460 CITY: ATLANTA STATE: GA ZIP: 30346 8-K 1 a09-12640_68k.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):  May 27, 2009 (May 22, 2009)

 

GEORGIA GULF CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

 

1-09753

 

58-1563799

(State or other jurisdiction of incorporation)

 

(Commission File Number)

 

(IRS Employer Identification No.)

 

115 Perimeter Center Place, Suite 460, Atlanta, GA

 

30346

(Address of principal executive offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code:  (770) 395 - 4500

 

 

(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.

 

On May 22, 2009, certain executive officers of Georgia Gulf Corporation (the “Company”) voluntarily elected to forfeit certain options to purchase shares of the Company’s common stock (the “Shares”) with an exercise price of $53.38 granted on February 28, 2005.  The purpose of these forfeitures is to return the Shares to the Company so that the Company may make further grants to other employees.

 

These executive officers did not receive any consideration for the forfeited options.  The form of forfeiture notice (attached as Exhibit 10.1 hereto) contains the acknowledgement of the forfeiting officer that no commitments to grant any replacement equity awards were made by the Company.

 

The officers and the respective number of Shares are as follows:

 

Name

 

Title

 

Shares

 

 

 

 

 

Paul Carrico

 

President and Chief Executive Officer

 

5,000

 

 

 

 

 

Joel Beerman

 

Vice President, General Counsel and Secretary

 

14,500

 

 

 

 

 

Mark Seal

 

Vice President – Aromatics and Additives

 

14,500

 

 

 

 

 

James Worrell

 

Vice President – Human Resources

 

5,000

 

 

 

 

 

William Doherty

 

Vice President – PVC Compounds

 

14,500

 

 

 

 

 

Doug Shannon

 

Vice President - Procurement

 

14,500

 

 

 

 

 

Mark Buckis

 

Vice President and Corporate Controller

 

3,600

 

Item 9.01                                             Financial Statements and Exhibits

 

(d)                                 Exhibits.

 

Number

 

Exhibit

 

 

 

10.1

 

Form of Forfeiture Notice

 

2



 

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.

 

 

GEORGIA GULF CORPORATION

 

 

 

 

 

By:

/s/ Joel I. Beerman

 

Name:

Joel I. Beerman

 

Title:

Vice President, General Counsel and Secretary

Date: May 27, 2009

 

 

3


EX-10.1 2 a09-12640_6ex10d1.htm EX-10.1

Exhibit 10.1

 

Date

 

Georgia Gulf Corporation

115 Perimeter Center Place

Atlanta, GA 30346

 

Re:  Forfeiture of Stock Options

 

Dear                         ,

 

This letter is to advise you that I voluntarily forfeit              stock options granted to me on February 28, 2005 with a grant price of $53.38. The purpose is to return these to the Company so that the Company may make further grants to other employees. I acknowledge that the Company has made no commitment to grant any new equity awards to replace the forfeited options and I understand that the options I have forfeited will not be used to make a future equity grant to me.

 

Sincerely,

 

 

Officer

 


-----END PRIVACY-ENHANCED MESSAGE-----