Form 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): November 22, 2011

 

 

SPIRIT AIRLINES, INC.

(Exact name of registrant as specified in its charter)

 

 

Delaware

(State or other jurisdiction of incorporation)

 

001-35186   38-1747023

(Commission

File Number)

 

(IRS Employer

Identification Number)

2800 Executive Way

Miramar, Florida 33025

(Address of principal executive offices, including Zip Code)

(954) 447-7920

(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:

 

¨ 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 November 22, 2011, the Compensation Committee of the Board of Directors of Spirit Airlines, Inc. (the “Company”) approved discretionary cash bonuses to certain employees of the Company, including certain of the Company’s named executive officers for 2010 (the “NEOs”), in connection with the successful completion of the Company’s initial public offering. The approved bonuses to the NEOS were as follows:

 

Named Executive Officer and Position

   Bonus Amount  

B. Ben Baldanza, President and Chief Executive Officer

   $ 235,000   

Barry Biffle, Executive Vice President and Chief Marketing Officer

   $ 175,000   

Thomas Canfield, Senior Vice President, General Counsel and Secretary

   $ 175,000   

David Lancelot, Senior Vice President and Chief Financial Officer

   $ 140,000   

 

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SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: November 25, 2011   SPIRIT AIRLINES, INC.
  By:  

/s/ Thomas Canfield

  Name:   Thomas Canfield
  Title:   Senior Vice President and General Counsel

 

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