Plc Systems Inc - Current report filing (8-K)

 

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 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):  June 18, 2008

 

PLC Systems Inc.

(Exact Name of Registrant as Specified in Charter)

 

Yukon Territory, Canada		1-11388		04-3153858
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)
10 Forge Park, Franklin, Massachusetts				02038
(Address of Principal Executive Offices)				(Zip Code)

 

Registrant’s telephone number, including area code: [phone]

 

 

(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):

 

¨             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.

 

At the 2008 Annual Meeting of Shareholders of PLC Systems Inc. (the “Registrant”) held on June 18, 2008, the Registrant’s shareholders approved an amendment to the Registrant’s 2005 Stock Incentive Plan (as amended, the “Plan”) to increase the number of shares of common stock authorized for issuance under the Plan.

 

A description of the material terms of the Plan is set forth in the Registrant’s Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on May 16, 2008.  A copy of the Plan is attached as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated herein by reference.  Copies of the forms of Stock Option Grant Letter to Employees and Stock Option Grant Letter to Non-Employee Directors that the Registrant began using on June 18, 2008 are attached as Exhibits 10.2 and 10.3, respectively, to this Current Report on Form 8-K and are incorporated herein by reference.

 

Item 9.01.  Financial Statements and Exhibits

 

(d)          Exhibits

 

The Exhibits to this Report are listed in the Exhibit Index attached hereto.

 

2

---

 

SIGNATURE

 

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.

 

 

	PLC SYSTEMS INC.
Date: June 23, 2008	By:	/s/ James G. Thomasch
		James G. Thomasch, Senior Vice President, Finance and Administration and Chief Financial Officer

 

3

---

 

EXHIBIT INDEX

 

Exhibit No.		Description
10.1		2005 Stock Incentive Plan, as amended
10.2		Form of Stock Option Grant Letter to Employees of the Registrant under the 2005 Stock Incentive Plan used beginning June 18, 2008
10.3		Form of Stock Option Grant Letter to Non-Employee Directors of the Registrant under the 2005 Stock Incentive Plan used beginning June 18, 2008

 

4

---