UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
March 14, 2005
Presstek, Inc.
Delaware | 0-17541 | 02-0415170 | ||
(State or Other Jurisdiction of Incorporation or Organization) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
55 Executive Drive
Hudson, New Hampshire 03051-4903
(603) 595-7000
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))
Section 1 Registrants Business and Operations
Item 1.01. Entry into a Material Definitive Agreement
On March 14, 2005, the officers below received performance-based cash bonuses approved by the Compensation Committee of the Board of Directors of Presstek, Inc. (the Company). The bonuses are for the efforts and services of these officers on behalf of the Company in 2004. The bonuses are as follows:
Name | Title | Cash Bonus | ||||
Edward J. Marino
|
President, Chief Executive Officer and Director | $ | 105,000 | |||
Moosa E. Moosa
|
Executive Vice President Finance and Chief Financial Officer | $ | 150,000 | |||
Diane L. Bourque
|
Vice President, Controller and Assistant Secretary | $ | 32,500 | |||
Peter A. Bouchard
|
General Manager On-Press Business | $ | 36,561 | |||
Stephen G. Degon
|
Vice President Manufacturing | $ | 10,000 |
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.
PRESSTEK, INC. |
||||
Date: March 18, 2005 | By: | /s/ Moosa E. Moosa | ||
Moosa E. Moosa | ||||
Executive Vice President Finance and Chief Financial Officer | ||||