Search the web
Welcome, Guest
[Sign Out, My Account]
EDGAR_Online

Quotes & Info
Enter Symbol(s):
e.g. YHOO, ^DJI
Symbol Lookup | Financial Search
PGI > SEC Filings for PGI > Form 8-K on 1-Apr-2009All Recent SEC Filings

Show all filings for PREMIERE GLOBAL SERVICES, INC. | Request a Trial to NEW EDGAR Online Pro

Form 8-K for PREMIERE GLOBAL SERVICES, INC.


1-Apr-2009

Change in Directors or Principal Officers, Financial Statements an


Item 5.02 Departure of Directors or Principal Officers; Election of Directors;
Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.

The Compensation Committee of Premiere Global Services, Inc. approved the recommendation of our Chief Executive Officer, which we disclosed in our current report on Form 8-K filed February 19, 2009, and granted to David E. Trine, our Chief Financial Officer, 100,000 shares of restricted stock effective March 31, 2009. These shares vest as to 25,000, 25,000 and 50,000 shares on the first, second and third anniversaries of the grant date, respectively, provided that Mr. Trine is employed by us on such dates. Upon a "change in control," as defined in his employment agreement, which we previously filed as Exhibit 10.1 to the current report on Form 8-K filed February 19, 2009, the vesting of any unvested shares will accelerate in full and upon Mr. Trine's termination without "cause," also as defined in his employment agreement, the vesting will accelerate with respect to the tranche next scheduled to vest. The shares are subject to terms and conditions as set forth in the restricted stock agreement that is included as Exhibit 10.1 to this current report.



Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit 10.1 Restricted Stock Agreement between David E. Trine and the Registrant under the Registrant's 2004 Stock Plan.


  Add PGI to Portfolio     Set Alert         Email to a Friend  
Get SEC Filings for Another Symbol: Symbol Lookup
Quotes & Info for PGI - All Recent SEC Filings
Sign Up for a Free Trial to the NEW EDGAR Online Pro
Detailed SEC, Financial, Ownership and Offering Data on over 12,000 U.S. Public Companies.
Actionable and easy-to-use with searching, alerting, downloading and more.
Request a Trial      Sign Up Now


Copyright © 2009 Yahoo! Inc. All rights reserved. Privacy Policy - Terms of Service
SEC Filing data and information provided by EDGAR Online, Inc. (1-800-416-6651). All information provided "as is" for informational purposes only, not intended for trading purposes or advice. Neither Yahoo! nor any of independent providers is liable for any informational errors, incompleteness, or delays, or for any actions taken in reliance on information contained herein. By accessing the Yahoo! site, you agree not to redistribute the information found therein.