UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, DC 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 21, 2013

 

 

Graham Corporation

(Exact name of Registrant as specified in its charter)

 

 

 

Delaware   1-8462   16-1194720

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

20 Florence Avenue, Batavia,

New York

  14020
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (585) 343-2216

N/A

(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:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 


Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On March 21, 2013, the Compensation Committee of the Board of Directors of Graham Corporation (the “Company”) approved a 3% increases to the base salaries of Graham’s named executive officers set forth below:

 

Named Executive Officer

  Current
Base Salary
    New
Base Salary
 

James R. Lines,

  $ 340,000      $ 350,200   

President and Chief Executive Officer

   

Jeff Glajch,

  $ 240,000      $ 247,200   

Vice President – Finance & Administration

and Chief Financial Officer

   

Alan Smith,

  $ 205,000      $ 211,150   

Vice President of Operations

   

Jennifer Condame,

  $ 150,000      $ 154,500   

Controller and Chief Accounting Officer

   

 

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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.

 

      Graham Corporation
Date: March 22, 2013     By:   /s/ Jeff Glajch
      Jeff Glajch
      Vice President – Finance & Administration and
      Chief Financial Officer

 

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