UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15d OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported) February 22, 2006
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WILMINGTON TRUST CORPORATION
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(Exact name of registrant as specified in its charter)
Delaware 1-14659 51-0328154
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(State or other jurisdiction (Commission File (IRS Employer Identification
of incorporation) Number) Number)
Wilmington Trust Corporation
Rodney Square North
1100 North Market Street
Wilmington, Delaware 19890
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (302) 651-1000
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(Former names 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
230.14a-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 1.01. ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
At a meeting held on February 22, 2006, the Compensation Committee of the Board
of Directors of Wilmington Trust Corporation (the "Corporation") established the
annual objectives for bonus awards for certain of its officers for 2006 payable
in 2007. Those objectives for Ted T. Cecala relate to accomplishment of
designated business objectives, growth in the Corporation's net income for 2006
compared to peer institutions, and the Corporation's net income for 2006
compared to its business plan. The objectives for Robert V.A. Harra Jr., Rodney
P. Wood, and William J. Farrell II relate to accomplishment of designated
objectives within each of the Regional Banking, Wealth Advisory Services, and
Corporate Client Services businesses, respectively, growth in the Corporation's
net income for 2006 compared to peer institutions, and the Corporation's net
income for 2006 compared to its business plan. The objectives for David R.
Gibson and Michael A. DiGregorio relate to accomplishment of designated business
objectives, growth in the Corporation's net income for 2006 compared to peer
institutions, and the Corporation's net income for 2006 compared to its business
plan.
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.
WILMINGTON TRUST CORPORATION
Dated: February 22, 2006 By: /s/ Ted T. Cecala
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Name: Ted T. Cecala,
Title: Chairman of the Board and
Chief Executive Officer
(Authorized Officer)