-----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, K2DnNwe5LSEqDLglmnPrWARU2MMu0Gy4xBLyJi4cwacbaLjYSo+pMXQzOFu1RwLS d2fEV2KxfC2RbjzZtenlQw== 0000892917-09-000034.txt : 20090123 0000892917-09-000034.hdr.sgml : 20090123 20090123171541 ACCESSION NUMBER: 0000892917-09-000034 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20090116 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20090123 DATE AS OF CHANGE: 20090123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: BARRETT BUSINESS SERVICES INC CENTRAL INDEX KEY: 0000902791 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-HELP SUPPLY SERVICES [7363] IRS NUMBER: 520812977 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21886 FILM NUMBER: 09543154 BUSINESS ADDRESS: STREET 1: 8100 NE PARKWAY DRIVE STREET 2: SUITE 200 CITY: VANCOUVER STATE: WA ZIP: 98662 BUSINESS PHONE: (800) 494-5669 MAIL ADDRESS: STREET 1: 8100 NE PARKWAY DRIVE STREET 2: SUITE 200 CITY: VANCOUVER STATE: WA ZIP: 98662 8-K 1 bbsi8k012309.htm

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):

January 16, 2009

BARRETT BUSINESS SERVICES, INC.

(Exact name of registrant as specified in charter)

Maryland

(State or other jurisdiction of incorporation)

0-21886

(SEC File Number)

52-0812977

(IRS Employer Identification No.)

8100 N.E. Parkway Drive, Suite 200

 

Vancouver, Washington

98662

 

(Address of principal executive offices)

(Zip Code)

Registrant’s telephone number, including area code:

(360) 828-0700

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))

 

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Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

At a meeting of the Compensation Committee (the "Committee") of the Board of Directors of Barrett Business Services, Inc. (the "Company"), held on January 16, 2009, the Committee approved grants of stock options under the 2003 Stock Incentive Plan (the "Plan") to the Company's executive officers other than the Chief Executive Officer as follows:

 


Name


Title

No. of Shares
Covered by Option

Michael L. Elich

Vice President and Chief Operating Officer

20,000

Gregory R. Vaughn

Vice President

20,000

James D. Miller

Vice President-Finance

10,000

 

In addition, the Committee approved grants of stock options for 2,000 shares of the Company's common stock to each of William W. Sherertz, Chief Executive Officer of the Company, and the Company's five non-employee directors.

The option exercise price for the options is $11.08 per share, the average of the high and low trading prices on The Nasdaq Stock Market on January 16, 2009. The options will vest in four equal annual installments beginning on the first anniversary of the date of grant and will expire on January 16, 2019. The options will become exercisable in full upon the earliest to occur of death, disability, or retirement as an employee or director or a change in control of the Company.

The above information should be read in conjunction with the information set forth under the caption "Executive Compensation" and "Director Compensation for 2007" in the Company's Proxy Statement relating to its 2008 Annual Meeting of Stockholders, which is available at the Company's website at www.barrettbusiness.com and the Securities and Exchange Commission's website at www.sec.gov.

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 thereunto duly authorized.

 

 

 

BARRETT BUSINESS SERVICES, INC.


Dated: January 23, 2009

 

By: 

/s/ James D. Miller

 

 

 

James D. Miller
Vice President-Finance, Treasurer and Secretary

 

 

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