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): December 12, 2008
GT SOLAR INTERNATIONAL, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
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Delaware |
333-142383 |
03-0606749 (IRS Employer Identification No.) |
243 Daniel Webster Highway
Merrimack, New Hampshire 03054
(Address of Principal Executive Offices, including Zip Code)
(603) 883-5200
(Registrant’s Telephone Number, Including Area Code)
(Former Name or Former Address, if Changed Since Last Report)
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))
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
On December 12, 2008, the Compensation Committee of the Board of Directors of GT Solar International, Inc. (the “Company”) awarded 1,658,552 restricted stock units, including 850,876 restricted stock units awarded to the Company’s named executive officers, under the Company’s 2008 Equity Incentive Plan.
The table below sets forth the restricted stock units awarded to each of the Company’s named executive officers on December 12, 2008. The restricted stock units awarded to the named executive officers vest over four years in four equal annual installments commencing on the first anniversary of the grant date.
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Number of |
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Thomas M. Zarrella |
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400,000 |
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Robert W. Woodbury, Jr. |
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140,000 |
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David W. Keck |
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105,000 |
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John (Rick) Tattersfield |
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126,000 |
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Jeffrey J. Ford |
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63,000 |
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Daniel F. Lyman |
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16,876 |
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The Company’s form of restricted stock unit agreement for employees is attached as Exhibit 10.1 and is incorporated by reference herein. A copy of the Company’s 2008 Equity Incentive Plan has been filed as Exhibit 10.1 to the Company’s quarterly report on Form 10-Q for the quarter ended September 27, 2008 (File No. 001-34133) and is incorporated by reference herein.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits
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Exhibit No. |
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Description |
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10.1 |
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Form of restricted stock unit agreement for employees. |
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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, thereunto duly authorized.
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GT SOLAR INTERNATIONAL, INC. |
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/s/ Thomas M. Zarrella |
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Date: |
December 17, 2008 |
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By: |
Thomas M. Zarrella |
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Its: |
President and Chief Executive Officer |
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