form8k342010.htm
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)
March
4, 2010
______________
ASTRO-MED,
INC
(EXACT
NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
______________
COMMISSION
FILE
NUMBER 0-13200
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RHODE
ISLAND
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05-0318215
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(STATE OR
OTHER JURISDICTION OF INCORPORATION OR
ORGANIZATION)
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(IRS
EMPLOYER IDENTIFICATION NUMBER)
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600
EAST GREENWICH AVENUE, WEST WARWICK, RI 02893
(ADDRESS
OF PRINCIPAL EXECUTIVE OFFICES, INCLUDING ZIP CODE)
(401-828-4000)
(REGISTRANT’S
TELEPHONE NUMBER, INCLUDING AREA CODE)
ITEM
5.02. COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS
On March
4, 2010, Astro-Med, Inc. (the “Company”) purchased certain stock options of the
Company held by Everett V. Pizzuti, President and Chief Operating Officer
of the Company, and Joseph P. O’Connell, Senior Vice President, Treasurer and
Chief Financial Officer of the Company. The options entitled Mr.
Pizzuti to purchase up to 103,125 shares of the Company’s common stock and Mr.
O’Connell to purchase up to 68,750 shares of the Company’s common
stock. The options had an exercise price of $5.4546 and were due to
expire on March 20, 2010. The purchase price paid for the options was
$131,732 to Mr. Pizzuti and $87,821 to Mr. O’Connell, representing the closing
price for the Company’s common stock on March 3, 2010 less a 10% discount less
the exercise price for each of the Options.
The
purchase of the options as described above was reviewed and approved by the
Company’s Compensation and Audit Committees.
ITEM
9.01. FINANCIAL STATEMENTS AND EXHIBITS
(c) Exhibit
Exhibit
no. Exhibit
None.
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrants have
duly caused this report to be signed on their behalf by the undersigned
thereunto duly authorized.
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ASTRO-MED,
INC. |
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Date:
March 5, 2010
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By:
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/s/
Joseph P. O'Connell |
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Joseph
P. O'Connell |
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Senior
Vice President, Treasurer and Chief Financial Officer |
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