-----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, O69zXlG1Kf6OBeL4KADowbjdBkINFfpxaqOEi0NmBApnDg0Og4YhsyB+gt1FUWcA slF0Tk0Y8TwLmT4X8k/1+Q== 0001104659-07-087775.txt : 20071207 0001104659-07-087775.hdr.sgml : 20071207 20071207171122 ACCESSION NUMBER: 0001104659-07-087775 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071207 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20071207 DATE AS OF CHANGE: 20071207 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LEHMAN BROTHERS HOLDINGS INC CENTRAL INDEX KEY: 0000806085 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY BROKERS, DEALERS & FLOTATION COMPANIES [6211] IRS NUMBER: 133216325 STATE OF INCORPORATION: DE FISCAL YEAR END: 1130 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-09466 FILM NUMBER: 071293349 BUSINESS ADDRESS: STREET 1: LEHMAN BROTHERS STREET 2: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 BUSINESS PHONE: 2125267000 MAIL ADDRESS: STREET 1: LEHMAN BROTHERS STREET 2: 745 SEVENTH AVENUE CITY: NEW YORK STATE: NY ZIP: 10019 FORMER COMPANY: FORMER CONFORMED NAME: SHEARSON LEHMAN HUTTON HOLDINGS INC DATE OF NAME CHANGE: 19901017 8-K 1 a07-30473_198k.htm 8-K

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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):

December 7, 2007

 

Lehman Brothers Holdings Inc.

(Exact Name of Registrant as Specified in Its Charter)

 

Delaware

(State or Other Jurisdiction of Incorporation)

 

1-9466

 

13-3216325

(Commission File Number)

 

(IRS Employer Identification No.)

 

 

 

745 Seventh Avenue

 

 

New York, New York

 

10019

(Address of Principal Executive Offices)

 

(Zip Code)

 

(212) 526-7000

(Registrant’s Telephone Number, Including Area Code)

 

Not Applicable

(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 Principal Officers; Compensatory Arrangements of Certain Officers

 

On December 7, 2007, the Compensation and Benefits Committee of Lehman Brothers Holdings Inc.’s Board of Directors (the “Compensation Committee”) approved the compensation formulas for performance-based bonuses that may be paid to our executive officers for the fiscal year ending November 30, 2008 (“Fiscal 2008”) under the Lehman Brothers Holdings Inc. Short-Term Executive Compensation Plan, as amended (the “Short-Term Executive Compensation Plan”). The Short-Term Executive Compensation Plan was approved by our stockholders in 1996 and 2003, and is designed to preserve the tax deductibility of compensation in excess of $1 million under Section 162(m) of the U.S. Internal Revenue Code. The compensation formulas for Fiscal 2008 are based on pre-tax income. The maximum amount of bonuses payable under the formulas will be calculated for each participant based on Fiscal 2008 pre-tax income; the amount of bonuses paid may be adjusted by the Compensation Committee at its discretion.

 

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SIGNATURE

 

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.

 

 

 

 

 

LEHMAN BROTHERS HOLDINGS INC.

 

 

 

 

 

 

 

 

Date:

December 7, 2007

By:

   /s/ James J. Killerlane III

 

 

 

   James J. Killerlane III

   Vice President
   Assistant Secretary

 

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