Mondelez International, Inc. 8-K 2007
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Pursuant to Section 13 or 15(d) of the
The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): May 3, 2007
KRAFT FOODS INC.
(Exact name of registrant as specified in its charter)
Registrants Telephone number, including area code: (847) 646-2000
(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):
Item 5.02. Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers.
On May 3, 2007, the Compensation Committee of the Board of Directors of Kraft Foods Inc. (the Company) approved a stock option grant to Irene B. Rosenfeld in recognition of her election as the Companys Chairman and Chief Executive Officer following the March 30, 2007 spin-off from Altria Group. The grant of 300,000 stock options was made under the Companys 2005 Performance Incentive Plan at fair market value on the date of grant. The stock option has an expiration date ten years from the grant date and vests as follows:
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.
Date: May 9, 2007