Owens & Minor 8-K 2009
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): March 13, 2009
Owens & Minor, Inc.
(Exact name of registrant as specified in its charter)
Registrants telephone number, including area code (804) 723-7000
(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):
On March 10, 2009, Craig R. Smith, President and Chief Executive Officer of Owens & Minor, Inc. (the Company), adopted a stock trading plan designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended. Mr. Smiths 10b5-1 plan provides for the sale of shares of Company common stock to be acquired through the exercise of stock options scheduled to expire in early 2010. Under the terms of the plan, Mr. Smith will exercise and sell sufficient shares to cover the exercise price and withholding taxes for 50,000 optioned shares and will exercise and sell shares for another 50,000 optioned shares. Shares will be sold under Mr. Smiths plan on the open market at prevailing prices on specified dates (subject to minimum price thresholds set forth in his plan).
The purpose of Mr. Smiths 10b5-1 plan is to allow him to spread stock trades relating to expiring options over an extended period of time on pre-arranged dates to reduce market impact and avoid concerns about transactions occurring at times when he could possess material non-public information. Transactions under the plan will be reported to the Securities and Exchange Commission in accordance with applicable securities laws, rules and regulations.
Except to the extent required by law, the Company does not undertake to report Rule 10b5-1 plans that may be adopted by any officers or directors in the future or to report any modifications or termination of any publicly announced trading plan.
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 thereunto duly authorized.