Horne International Inc. (Form: 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):   May 14, 2008

Horne International Inc.
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(Exact name of registrant as specified in its charter)

     
Delaware 000-50373 90-0182158
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(State or other jurisdiction
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(Commission
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(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
2677 Prosperity Avenue, Suite 300, Fairfax, Virginia   22031
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(Address of principal executive offices)
  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   703-641-1100

Not Applicable
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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:

[  ]  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
[  ]  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
[  ]  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[  ]  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.

On May 14, 2008, John E. Krobath, 41, was appointed Chief Financial Officer of Horne International, Inc. Before being named the company's Chief Financial Officer, he was the company's Controller, a position he held since October 2005. Prior to his employment with the company, Mr. Krobath was Director of Financial Operations for Kratos Defense & Security Solutions Inc., formerly known as Wireless Facilities, Inc., and the Manager of Business Operations for PRA International, Inc.

Mr. Krobath earned a bachelor's degree in accounting from James Madison University and an M.B.A. in finance from George Mason University.

In conjunction with his appointment, Mr. Krobath was granted 100,000 stock options with a strike price of $0.20. The options vest over the next two years with 30,000 vesting immediately, 30,000 vesting on May 14, 2009, and 40,000 vesting on May 14, 2010. The expiration date for the options is May 14, 2013. The option strike price was the market closing price for the company's stock on the grant date.






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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.

         
    Horne International Inc.
          
May 19, 2008   By:   Darryl K. Horne
       
        Name: Darryl K. Horne
        Title: Chief Executive Officer