Current Report Filing (8-k)
22 January 2016 - 10:46PM
Edgar (US Regulatory)
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: January 20, 2016
LEUCADIA NATIONAL CORPORATION
(Exact name of registrant as specified in its charter)
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New York |
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1-5721 |
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13-2615557 |
(State or other jurisdiction
of incorporation) |
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(Commission
File Number) |
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(IRS Employer
Identification No.) |
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520 Madison Avenue, New York, New York |
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10022 |
(Address of principal executive offices) |
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(Zip Code) |
Registrants telephone number, including area code: 212-460-1900
(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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02. Compensatory Arrangements of Certain Officers.
On January 20, 2016, our Compensation Committee approved 2015-related bonuses for certain of our executive officers, which are set forth below.
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Executive Officer |
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Bonus Awarded for 2015 |
Richard B. Handler |
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$6 million |
Chief Executive Officer, Leucadia |
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Chief Executive Officer, Jefferies |
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Brian P. Friedman |
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$6 million |
President, Leucadia |
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Chairman of the Executive Committee, Jefferies |
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Michael J. Sharp |
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$1.25 million |
General Counsel, Leucadia |
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General Counsel, Jefferies |
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Teresa S. Gendron |
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$850,000 |
Chief Financial Officer, Leucadia |
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Messrs. Handler and Friedmans $6 million individual bonuses were based solely on Leucadias fiscal 2015 results,
excluding Jefferies. Jefferies fiscal 2015 results fell below the required threshold amounts for any bonus payment and also resulted in Messrs. Handler and Friedman forfeiting 294,978 Leucadia shares (valued at approximately $4.9 million
based on yesterdays stock price).
The Compensation Committee also granted a performance-based restricted stock award to Mr. Sharp in the amount
of $1 million.
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.
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LEUCADIA NATIONAL CORPORATION |
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Date: January 21, 2016 |
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/s/ Roland T. Kelly |
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Roland T. Kelly |
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Assistant Secretary and |
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Associate General Counsel |
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