-----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, Am1CsdvfzuISGV++9g2IXYiWyT26ipu1t33RpmWqVN3Op3QVorGq+C0JqTROPS4/ LvRrC1hknTfwviqkyV3d6Q== 0001104659-10-007867.txt : 20100218 0001104659-10-007867.hdr.sgml : 20100218 20100218162246 ACCESSION NUMBER: 0001104659-10-007867 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100211 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20100218 DATE AS OF CHANGE: 20100218 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CEPHALON INC CENTRAL INDEX KEY: 0000873364 STANDARD INDUSTRIAL CLASSIFICATION: PHARMACEUTICAL PREPARATIONS [2834] IRS NUMBER: 232484489 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-19119 FILM NUMBER: 10616575 BUSINESS ADDRESS: STREET 1: 41 MOORES ROAD CITY: FRAZER STATE: PA ZIP: 19355 BUSINESS PHONE: 6103440200 MAIL ADDRESS: STREET 1: 41 MOORES ROAD CITY: FRAZER STATE: PA ZIP: 19355 8-K 1 a10-4066_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) February 11, 2010

 

Cephalon, Inc.

(Exact Name of Registrant as Specified in Charter)

 

Delaware

 

0-19119

 

23-2484489

(State or Other Jurisdiction

 

(Commission

 

(IRS Employer

of Incorporation)

 

File Number)

 

Identification No.)

 

41 Moores Rd.

 

 

Frazer, Pennsylvania

 

19355

(Address of Principal Executive Offices)

 

(Zip Code)

 

Registrant’s telephone number, including area code (610) 344-0200

 

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 Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 

On January 27, 2010, the Stock Option and Compensation Committee of the Board of Directors (the “Board”) of Cephalon, Inc. (the “Company”) determined the recommended annual cash bonus awards to be made to executive officers of the Company for fiscal year 2009 as determined pursuant to the Company’s Management Incentive Compensation Plan for 2009.  These award recommendations were presented to and approved by the independent members of the Board on January 27, 2010.  The awards were approved subject to the finalization of financial results for the year ended December 31, 2009, which were released on February 11, 2010.

 

The awards earned in 2009, which will be paid in late February 2010, are as follows:

 

Name:

 

Cash Bonus

 

Frank Baldino, Jr., Ph.D.

 

$

1,306,800

 

Valli F. Baldassano

 

$

269,800

 

J. Kevin Buchi

 

$

393,100

 

Peter E. Grebow, Ph.D.

 

$

266,600

 

Gerald J. Pappert

 

$

402,400

 

Robert P. Roche, Jr.

 

$

253,800

 

Lesley Russell, MB.Ch.B., MRCP.

 

$

305,000

 

Carl A. Savini

 

$

303,300

 

Jeffry L. Vaught, Ph.D.

 

$

236,900

 

 

In addition, Wilco Groenhuysen and Alain Aragues, who were appointed executive officers of the Company in January 2010, will receive cash bonus awards pursuant to a separate 2009 management incentive plan covering the Company’s nonexecutive officers.  Mr. Groenhuysen will receive an award of $204,700, and Mr. Aragues will receive an award of €166,700 (approximately $227,000).

 

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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.

 

 

 

CEPHALON, INC.

 

 

 

 

Date: February 18, 2010

By:

/s/ Gerald J. Pappert

 

 

Gerald J. Pappert

 

 

Executive Vice President & General Counsel

 

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