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): | August 17, 2005 |
THE MARCUS
CORPORATION
(Exact
name of registrant as specified in its charter)
| Wisconsin | 1-12609 | 39-1139844 |
| (State or other | (Commission File | (IRS Employer |
| jurisdiction of | Number) | Identification No.) |
| incorporation) |
100 East Wisconsin
Avenue, Suite 1900, Milwaukee, Wisconsin 53202-4125
(Address of principal
executive offices, including zip code)
(414) 905-1000
(Registrant’s
telephone number, including area code)
Not
Applicable
(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.
Pursuant to The Marcus Corporation’s VMAX Incentive Plan, the following fiscal 2005 bonuses were granted thereunder to the following executive officers:
| Bruce J. Olson | - | $ 142,036 |
William J. Otto |
- | $ 55,037 |
Thomas F. Kissinger |
- | $ 51,870 |
Gregory S. Marcus |
- | $ 57,000 |
Additionally, as a result of the Company’s successful sale of its limited service lodging business and its Miramonte Resort in fiscal 2005, the following special compensation was granted to the following executive officers to reward them for their integral role in either or both of such successful sales:
William J. Otto |
- | $ 29,475 |
Thomas F. Kissinger |
- | $ 37,500 |
Gregory S. Marcus |
- | $ 77,500 |
Subject to the satisfaction of certain conditions, additional special compensation amounts in connection with such sales may be granted in fiscal 2006 to Messrs. Otto, Kissinger and Marcus.
Additionally, Stephen H. Marcus was granted a total bonus for fiscal 2005 of $550,000, reflecting bonus amounts granted to him under the Company’s VMAX Incentive Plan and as a result of his leadership role in the Company’s successful sale of its limited service lodging business and the Miramonte Resort in fiscal 2005.
-2-
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 MARCUS CORPORATION | |
Date: August 17, 2005 |
By: /s/ Douglas A. Neis |
| Douglas A. Neis | |
| Chief Financial Officer and Treasurer |
-3-