8-K 1 d42750e8vk.htm FORM 8-K e8vk
 

 
 
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
 
FORM 8-K
January 16, 2007
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
VALENTEC SYSTEMS, INC.
(EXACT NAME OF REGISTRANT AS SPECIFIED IN ITS CHARTER)
         
DELAWARE   0-11454   59-2332857
         
(State or other jurisdiction
incorporation) 		  (Commission
File Number) 		  (IRS Employer Identification No.)
2629 York Avenue
Minden, LA 71055
(Address of Principal Executive Offices)
(318) 382-4574
(Registrant’s telephone number, including area code)
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):
o   Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
o   Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
 
o   Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
o   Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
 

 

 

SECTION 5 — CORPORATE GOVERNANCE AND MANAGEMENT
ITEM 5.02 DEPARTURE OF DIRECTORS OR CERTAIN OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF CERTAIN OFFICERS; COMPENSATORY ARRANGEMENTS OF CERTAIN OFFICERS.
     On January 15, 2007, the Board of Directors of Valentec Systems, Inc. (the “Company”) granted a total of 1,000,000 options to purchase shares of the Company’s common stock under the Company’s 2006 Equity Incentive Plan as follows:
             
Name   Title   Options Granted
Craig Wilson
   Controller     150,000  
Steve Findley
   VP Strategic Development     150,000  
Steve Shows
   VP/GM     50,000  
John Law
   Director of Energetic Manufacturing     100,000  
Leroy Bainter
   Director of Metal Parts Manufacturing     100,000  
Lisa Roulette
   Business Development/Washington Relations     100,000  
PT Asher
   Program Manager     100,000  
OJ Romero
   Program Manager     100,000  
Ron Mackey
   Contract Manager     75,000  
Rubin Almagore
   Assistant Program Manager     75,000  
     The stock options vest at a rate of 25% per year over 4 years.
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 thereunto duly authorized.
Dated: January 16, 2007
         
  VALENTEC SYSTEMS, INC.
 		  
  By:   /s/ Robert Zummo    
    Name:   Robert Zummo   
    Title:   President and Chief Executive Officer   
 

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