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| GGC > SEC Filings for GGC > Form 8-K on 27-May-2009 | All Recent SEC Filings |
27-May-2009
Change in Directors or Principal Officers, Financial Statements and Exhibi
On May 22, 2009, certain executive officers of Georgia Gulf Corporation (the "Company") voluntarily elected to forfeit certain options to purchase shares of the Company's common stock (the "Shares") with an exercise price of $53.38 granted on February 28, 2005. The purpose of these forfeitures is to return the Shares to the Company so that the Company may make further grants to other employees.
These executive officers did not receive any consideration for the forfeited options. The form of forfeiture notice (attached as Exhibit 10.1 hereto) contains the acknowledgement of the forfeiting officer that no commitments to grant any replacement equity awards were made by the Company.
The officers and the respective number of Shares are as follows:
Name Title Shares Paul Carrico President and Chief Executive Officer 5,000 Joel Beerman Vice President, General Counsel and Secretary 14,500 Mark Seal Vice President - Aromatics and Additives 14,500 James Worrell Vice President - Human Resources 5,000 William Doherty Vice President - PVC Compounds 14,500 Doug Shannon Vice President - Procurement 14,500 Mark Buckis Vice President and Corporate Controller 3,600 |
(d) Exhibits. Number Exhibit 10.1 Form of Forfeiture Notice |
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