Pinnacle Entertainment, Inc. 8-K 2010
Date of Report (Date of earliest event reported): February 23, 2010
PINNACLE ENTERTAINMENT, INC.
Registrants telephone number, including area code: (702) 784-7777
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:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
Bonuses Awarded to Certain Executive Officers
On February 23, 2010, the Compensation Committee of the Board of Directors of Pinnacle Entertainment, Inc. (the Company) approved 2009 cash bonuses for certain executive officers of the Company, not including John V. Giovenco.
In determining annual bonuses, the Companys Compensation Committee evaluates many factors, including the performance of the Company, competitive considerations and the performance of the individual in his specific area of responsibility. The following are the 2009 cash bonuses awarded to those persons disclosed as named executive officers in the Companys 2009 proxy statement:
The Company has adopted a form of other stock unit awards (the Form of Other Stock Unit Awards) to be used in connection with grants of restricted stock units under the Companys 2005 Equity and Performance Incentive Plan, as amended (the Plan). In addition, the Company has adopted a form of stock option agreement to be used in connection with grants of options under the Plan (the Form of Stock Option Agreement). The foregoing descriptions of the Form of Other Stock Unit Awards and the Form of Stock Option Agreement are qualified in their entirety by reference to the Form of Other Stock Unit Awards and Form of Stock Option Agreement attached hereto as Exhibit 10.2 and Exhibit 10.3, respectively.
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Pursuant to the requirements of Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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INDEX TO EXHIBITS
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