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 25, 2008
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Exact Name of Registrant as Specified in its |
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Commission |
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Charter, State of Incorporation, Address of |
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IRS Employer |
File Number |
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Principal Executive Offices and Telephone Number |
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Identification No. |
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1-11607 |
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DTE Energy Company
(a Michigan corporation)
2000 2nd Avenue
Detroit, Michigan 48226-1279
313-235-4000
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38-3217752 |
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:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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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. |
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Departure of Directors or Principal Officers; Election of Directors; Appointment of
Principal Officers; Compensatory Arrangements of Certain Officers |
Long-Term Incentive Plan
On June 25, 2008, the Organization and Compensation Committee (Committee) of the DTE Energy
Company (Company) Board of Directors approved a revised shareholder return component to the
performance measures and targets for the 2006 and 2007 awards made to executive officers under the
Companys 2001 Stock Incentive Plan and 2006 Long-Term Incentive Plan (collectively the LTIP).
The shareholder return component will now measure total shareholder return vs. shareholder return
of peer group companies. This revision conforms the outstanding 2006 and 2007 awards with the
shareholder return component methodology utilized in the 2008 awards, measuring performance against
peer group companies approved by the Committee that are engaged in businesses that correspond to
the businesses in which the Company and its subsidiaries are engaged. Previously, the shareholder
return component had measured total shareholder return vs. shareholder return of the companies in
the Standard & Poors Electric Utility Index.