UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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):
November 17, 2008
United States Steel Corporation
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(Exact name of registrant as specified in its charter)
Delaware 1-16811 25-1897152
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(State or other (Commission File (IRS Employer
jurisdiction of Number) Identification No.)
incorporation)
600 Grant Street, Pittsburgh, PA 15219-2800
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(Address of principal executive (Zip Code)
offices)
(412) 433-1121
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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:
[ ] 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))
2
Item 5.02. Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers
On November 17, 2008, United States Steel Corporation amended the Long-Term
Incentive Compensation Program (the "LTI Program") Administrative Regulations to
its 2005 Stock Incentive Plan. The amendment provides that, in the case of a
participant's death or disability, all unvested stock options, restricted stock
and restricted stock unit awards will vest immediately. Previously, the
Administrative Regulations provided that a prorated number of unvested awards
would vest depending upon the number of months worked during the current vesting
period. The revision will be applied to all outstanding and prospective stock
options, restricted stock and restricted stock unit awards under the LTI
Program.
Also, the method for prorating unvested performance awards was modified in the
case of a death or disability. Additionally, the definition of retirement under
the LTI Program was amended to conform to the retirement definition under the
participant's applicable retirement plan/program for his or her home country.
A copy of the administrative regulations is filed herewith as Exhibit 10.1.
Item 9.01. Financial Statements and Exhibits
(d) Exhibits
10.1 Administrative Regulations for the Long-Term Incentive
Compensation Program under the United States Steel
Corporation 2005 Stock Incentive Plan, as such regulations
were amended November 17, 2008
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 hereunto duly authorized.
UNITED STATES STEEL CORPORATION
By /s/ Larry G. Schultz
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Larry G. Schultz
Senior Vice President & Controller
Dated: November 20, 2008