UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 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) November 20, 2006
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(November 14, 2006)
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Baldwin Technology Company, Inc.
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(Exact Name of Registrant as Specified in Its Charter)
Delaware
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(State or Other Jurisdiction of Incorporation)
1-9334 13-3258160
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(Commission File Number) (IRS Employer Identification No.)
Two Trap Falls Road, Suite 402, CT 06484
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(Address of Principal Executive Offices) (Zip Code)
203-402-1000
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(Registrant's Telephone Number, Including Area Code)
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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 (see General Instruction A.2. below):
|_| 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))
Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
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Appointment of Certain Officers; Compensatory Arrangements of
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Certain Officers
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On November 14, 2006, the Board of Directors of the Company approved the
following equity compensation awards to the Company's executive officers and
directors pertaining to shares of the Company's Class A Stock:
Name Position Award
---- -------- -----
Gerald A. Nathe Chairman of the Board, 35,000 restricted shares
Chief Executive Officer
and Director
Karl S. Puehringer President, Chief Operating 30,000 restricted shares
Officer and Director
Vijay C. Tharani Vice President, Chief 20,000 restricted shares
Financial Officer and
Treasurer
Shaun J. Kilfoyle Vice President 7,500 restricted shares
Leon Richards Controller 7,500 restricted shares
Mark T. Becker Director 2,419 restricted shares
Rolf Bergstrom Director 2,419 restricted share units
Samuel B. Fortenbaugh III Director 2,419 restricted shares
Akira Hara Director 2,419 restricted share units
Ronald Salvagio Director 2,419 restricted shares
Judith A. Mulholland Director 2,419 restricted shares
Frederick Westlake Director 2,419 restricted share units
Ralph R. Whitney, Jr. Director 2,419 restricted shares
The awards of restricted shares and restricted share units described above
were made pursuant to the Company's 2005 Equity Compensation Plan (the "Plan')
which was approved by the Company's stockholders at the 2005 Annual Meeting of
Stockholders held on November 8, 2005. Pursuant to the Plan, the awards vest in
three equal annual installments on the first, second and third anniversaries of
the date of their award. Copies of the form of restricted stock award agreement
and restricted stock unit award agreement used to make said awards are filed
herewith.
Item 9.01 Financial Statements and Exhibits
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(d) Exhibits
10.1 Form of Restricted Stock Award Agreement (filed herewith).
10.2 Form of Restricted Stock Unit Award Agreement (filed
herewith).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as
amended, the Registrant has duly caused this report to be signed on its behalf
by the undersigned, hereunto duly authorized.
BALDWIN TECHNOLOGY COMPANY, INC.
(Registrant)
By: /s/ Leon Richards
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Name: Leon Richards
Title: Controller (Chief Accounting Officer)
Dated: November 20, 2006
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