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): March 3, 2008
AMERICAN AXLE & MANUFACTURING HOLDINGS, INC
(Exact name of registrant as specified in its charter)
Delaware
(State or other jurisdiction of incorporation)
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1-14303
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36-3161171 |
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(Commission File Number)
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(I.R.S. Employer Identification Number) |
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One Dauch Drive, Detroit, Michigan
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48211-1198 |
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(Address of principal executive offices)
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(zip code) |
(313) 758-2000
Registrants telephone number, including area code
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Not Applicable
(Former Name or Former Address, if Changed Since Last Report) |
Check the appropriate box below if the Form 8K 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 14a12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d2(b) under the Exchange Act (17 CFR 240.14d2(b)) |
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Pre-commencement communications pursuant to Rule 13e4(c) under the Exchange Act (17 CFR
240.13e4(c)) |
Item 5.02(e) Compensatory Arrangements of Certain Officers
On March 3, 2008, the Compensation Committee of the Board of Directors of American Axle &
Manufacturing Holdings, Inc. (the Company) agreed to postpone consideration of the 2007 annual
bonus payments for the executive officers of the Company (including the named executive officers),
with the executive officers consent. As a result, the Committee will be able to take into account
the outcome of the Companys current labor negotiations with the UAW in determining the amount of
the bonus, as well as the relevant performance considerations for 2007. It was also agreed that
the Company would postpone consideration of the annual grant of long-term incentive awards and
salary adjustments for this group for 2008.
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.
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AMERICAN AXLE & MANUFACTURING HOLDINGS, INC.
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By: |
/s/ Patrick S. Lancaster |
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Name: |
Patrick S. Lancaster |
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Title: |
Vice President, Chief Administrative Officer & Secretary |
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Dated: March 3, 2008 |
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