8-K option grants

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): May 23, 2008

Hudson Technologies, Inc.

(Exact Name of Registrant as Specified in Its Charter)

New York

(State or Other Jurisdiction of Incorporation)

1-13412

13-3641539

(Commission File Number)

(IRS Employer Identification No.)

PO Box 1541, One Blue Hill Plaza Pearl River, New York

10965

(Address of Principal Executive Offices)

(Zip Code)

 

(845) 735-6000

(Registrant's Telephone Number, Including Area Code)

Not Applicable

(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):

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 May 23, 2008, the Independent Members of the Board of Directors of Hudson Technologies, Inc., or the Registrant, representing a majority of the Registrant's Board of Directors, approved increases in the base compensation of the Registrant's executive officers and of several other key employees, with the increase to be effective as of May 5, 2008. The increased base compensation of the executive officers is as follows:

James R. Buscemi, Chief Financial Officer:

$134,000 per year;

Brian F. Coleman, President and Chief Operating Officer:

$170,700 per year;

Charles F. Harkins, Vice President of Sales:

$159,700 per year;

Stephen P. Mandracchia, Secretary/VP Legal and Regulatory:

$145,900 per year;

Kevin J. Zugibe, Chairman, Chief Executive Officer:

$192,800 per year.

 

 

 

 

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 hereunto duly authorized.

HUDSON TECHNOLOGIES, INC.



Date: May 23, 2008

By:

/S/ Stephen P. Mandracchia

Name:

Stephen P. Mandracchia

Title:

Vice President Legal & Regulatory, Secretary