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): October 5, 2011
ALKERMES PLC
(Exact name of registrant as specified in its charter)
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| Ireland
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001-35299
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98-1007018 |
| (State or other jurisdiction
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(Commission
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(IRS Employer |
| of incorporation)
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File Number)
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Identification No.) |
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| Treasury Building, Lower Grand Canal Street |
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| Dublin 2, Ireland |
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(Zip Code) |
(Registrant’s telephone number, including area code): 011-353-1-709-4000
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR
240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR
240.13e-4(c)) |
TABLE OF CONTENTS
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| Item 5.02 |
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Departure of Directors or Certain Officers; Election of
Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers. |
On October 5, 2011, the Compensation Committee of the Board of Directors (the “Committee”) of
Alkermes plc ( “the Company”) modified the performance pay range and target performance pay for
Richard F. Pops, the Company’s Chief Executive Officer and Chairman of the Board of Directors,
under the Fiscal 2012 Alkermes plc Affiliated Company Reporting Officer Performance Pay Plan to a
performance pay range of between 0% and 200% and a target performance pay of 100% of base salary
for performance during fiscal 2012. Mr. Pops’ performance pay range had been established at 0 to
150% of base salary and his target performance pay at 75% of base salary for that period. The
Committee modified the performance pay range and target performance pay based on comparable market
data that had recently been updated by the external compensation consultant for the Committee and
on the recommendation of the Company’s external compensation consultant.