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 earliest event reported: January 25, 2012
ICG Group, Inc.
(f/k/a Internet Capital Group, Inc.)
(Exact name of registrant as specified in charter)
Delaware | 001-16249 | 23-2996071 | ||
(State of Incorporation) | (Commission File Number) |
(I.R.S. Employer Identification No.) |
690 Lee Road, Suite 310, Wayne, PA 19087
(Address of Principal Executive Offices) (Zip Code)
(610) 727-6900
(Registrants 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 |
Increase in Compensation of Chief Financial Officer
On January 25, 2012, the Compensation Committee of ICG Group, Inc. (ICG) increased the annual base salary of R. Kirk Morgan, ICGs Chief Financial Officer, from $275,000 to $300,000, effective January 1, 2012, and increase Mr. Morgans target annual bonus from 75% of his annual base salary to 100% of his annual base salary. All other terms and conditions of Mr. Morgans employment remain unchanged.
SIGNATURE
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.
ICG GROUP, INC. | ||||||
Date: January 31, 2012 | By: | /s/ Suzanne L. Niemeyer | ||||
Name: | Suzanne L. Niemeyer | |||||
Title: | Managing Director, General Counsel and Secretary |