- Current report filing (8-K)
June 25 2009 - 4:12PM
Edgar (US Regulatory)
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):
June 23, 2009
NBTY,
INC.
(Exact Name of Registrant as Specified in
Charter)
DELAWARE
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001-31788
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11-2228617
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(State or Other Jurisdiction of Incorporation)
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(Commission File Number)
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(IRS Employer Identification
No.)
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2100
Smithtown Avenue
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Ronkonkoma,
New York
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11779
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(Address of Principal Executive Offices)
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(Zip Code)
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(631) 567-9500
(Registrants
telephone number, including area code)
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 (
see
General Instruction A.2. below):
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 (17CFR 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 COMPENSATORY ARRANGEMENTS
OF CERTAIN OFFICERS.
On June 23, 2009,
the Compensation Committee of the Board of Directors of NBTY, Inc. (the Committee)
determined that each of Mr. James
Flaherty, Mr. Hans Lindgren and Mr. Glenn Schneider shall receive the
bonus set forth next to his name in the following table for the fiscal year
ended September 30, 2008. Each of
such officers total compensation for the 2008 fiscal year, recalculated to
take into account this bonus determination but otherwise using the information
presented in NBTY, Inc.s Proxy Statement on Schedule 14A filed with the
Securities and Exchange Commission on January 14, 2009 is reflected below.
Executive Officer
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2008 Bonus
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2008 Total Compensation
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1.
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Mr. James
Flaherty
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$
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120,000
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$
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496,612
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Senior
Vice President
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Marketing
and Advertising
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2.
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Mr. Hans
Lindgren
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$
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160,000
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$
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601,138
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Senior
Vice President
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Operations
and Corporate Secretary
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3.
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Mr. Glenn
Schneider
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$
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200,000
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$
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529,596
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Senior
Vice President -
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Assistant
to CEO
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Also on June 23,
2009, the Committee approved the grant of options to purchase 30,000 shares of
common stock to each of Mr. Flaherty and Mr. Lindgren and the grant
of options to purchase 40,000 shares of common stock to Mr. Schneider. Each option has an exercise price of $25.62
per share, the closing market price of the common stock on June 23, 2009. The options have a four year vesting
schedule. Each option vests in three equal installments, beginning on the
second anniversary of the date of grant. The options expire on June 23, 2019.
Bonus determinations and
stock option grants for Mr. Scott Rudolph, Chairman and Chief Executive
Officer, and for Mr. Harvey Kamil, President and Chief Financial Officer,
were made previously and reported in the Current Report on Form 8-K filed
by NBTY, Inc. on April 13, 2009.
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.
Dated: June 24,
2009
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NBTY, INC.
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By:
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/s/ Harvey Kamil
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Harvey Kamil
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President and
Chief Financial Officer
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3
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