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
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Date
of report (Date of earliest event reported):
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January
4, 2011
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(December
29, 2010)
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BEACON
ROOFING SUPPLY, INC.
(Exact
Name of Registrant as Specified in its Charter)
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Delaware
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(State
or Other Jurisdiction of Incorporation)
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000-50924
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36-4173371
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(Commission
File Number)
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(IRS
Employer
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Identification
No.)
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1
Lakeland Park Drive
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Peabody,
MA
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01960
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(877)
645-7663
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(Registrant’s
telephone number, including area
code)
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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:
o Written communications
pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material
pursuant to Rule 14a-12 under the Exchange Act (17 CFR
240.14a-12)
o Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17
CFR 240.14d-2(b))
o Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17
CFR 240.13e-4(c))
On
December 29, 2010, in recognition of the January 1, 2011 promotion of Paul M.
Isabella to President and Chief Executive Officer, the Compensation Committee of
Beacon Roofing Supply's Board of Directors approved a grant of options to
acquire 10,000 shares of common stock and a grant of 10,000 restricted shares of
common stock to Mr. Isabella. These grants were effective January 1, 2011. The
options have an exercise price of $17.87 and vest one-third annually starting on
the first anniversary of the grant and expire on the tenth anniversary of the
date of grant. The restricted shares will vest if the company attains a targeted
average three-year return on invested capital of 8.25%, net of cash, at the end
of a three-year period. The actual number of restricted shares that will vest
can range from 0% to 125% of the shares granted depending upon actual company
performance below or above the target level.
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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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BEACON
ROOFING SUPPLY, INC.
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Date:
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January
4, 2011
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By:
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/s/
Paul M. Isabella
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Paul
M. Isabella
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President
& Chief Executive Officer
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