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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) September 14, 2006
SOMANETICS CORPORATION
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(Exact name of registrant as specified in its charter)
Michigan 0-19095 38-2394784
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
1653 East Maple Road, Troy, Michigan 48083-4208
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (248) 689-3050
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:
[ ] Written communication pursuant to Rule 425 under the Securities Act.
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act.
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act.
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act.
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ITEM 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT
Effective September 14, 2006, the Board of Directors of Somanetics
Corporation approved annual salary increases for its executive officers
effective August 1, 2006. The salary changes are as follows: Bruce J. Barrett,
President and Chief Executive Officer, $300,000 to $315,000; William M. Iacona,
Vice President and Chief Financial Officer, Controller and Treasurer, $118,907
to $124,852; Richard S. Scheuing, Vice President, Research and Development,
$123,724 to $129,910; Dominic J. Spadafore, Vice President, Sales and Marketing,
$142,015 to $160,477; Mary Ann Victor, Vice President and Chief Administrative
Officer and Secretary, $131,540 to $138,117; Ronald A. Widman, Vice President,
Medical Affairs, $102,335 to $107,452 and Pamela A. Winters, Vice President,
Operations, $123,724 to $129,910.
ITEM 2.02. RESULTS OF OPERATIONS AND FINANCIAL CONDITION
On September 18, 2006, Somanetics Corporation announced its financial
results for the third quarter ended August 31, 2006 and certain other
information. A copy of the press release is furnished with this report following
the signature page and is incorporated in this Item 2.02 by reference. The
information in this report and the attached press release shall not be deemed
filed for purposes of Section 18 of the Securities Exchange Act of 1934, nor
shall it be deemed incorporated by reference in any filing under the Securities
Act of 1933, except as shall be expressly stated by specific reference in such
filing.
ITEM 9.01. FINANCIAL STATEMENTS AND EXHIBITS
(d) Exhibits
99.1 News release dated September 18, 2006
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.
Dated: September 18, 2006 SOMANETICS CORPORATION
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(Registrant)
By: /s/ Mary Ann Victor
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Mary Ann Victor
Its: Vice President and
Chief Administrative Officer
and Secretary
EXHIBIT INDEX
Exhibit Description
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99.1 News release dated September 18, 2006