PEP BOYS MANNY MOE & JACK - FORM 8-K - February 3, 2014

 
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):  01/31/2014
 
THE PEP BOYS - MANNY MOE & JACK
(Exact name of registrant as specified in its charter)
 
Commission File Number:  001-03381
 
PA
  
23-0962915
(State or other jurisdiction of
  
(IRS Employer
incorporation)
  
Identification No.)
 
3111 West Allegheny Avenue, Philadelphia, PA 19132
(Address of principal executive offices, including zip code)
 
215-430-9000
(Registrant’s telephone number, including area code)
 
(Former name 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 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 1.01.    Entry into a Material Definitive Agreement
 
The Pep Boys - Manny, Moe & Jack (the "Company") is revising its executive compensation program to eliminate the retirement plan contributions that have historically been made by the Company under (i) The Pep Boys Deferred Compensation Plan, effective for fiscal year 2014, and (ii) the Company's supplemental executive retirement plan (known as the Account Plan), effective for calendar 2015. In their place, the Company will increase the annual equity grant target amounts for executives. The aggregate equity grants will be delivered 40% in performance share units, 40% in stock options and 20% in restricted stock units.

On January 31, 2014, we amended and restated The Pep Boys Deferred Compensation Plan and the Account Plan to reflect these changes.

 

 

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.
 
           
THE PEP BOYS - MANNY MOE & JACK
 
 
Date: February 03, 2014
     
By:
 
/s/    Brian D. Zuckerman
               
Brian D. Zuckerman
               
SVP - General Counsel & Secretary
 
 

PEP BOYS MANNY MOE & JACK Reports