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):
|
May 29, 2015
|
Cameron International Corporation
______________________________________________
(Exact Name of Registrant as Specified in its Charter)
|
Delaware
___________________
(State or other
jurisdiction of
incorporation)
|
1-13884
_________________
(Commission
File Number)
|
76-0451843
___________________
(I.R.S. Employer
Identification No.)
|
|
1333 West Loop South, Suite 1700,
Houston, Texas
________________________________________
|
77027
_______________
|
|
(Address of Principal Executive Offices)
|
(Zip Code)
|
|
|
Registrant's telephone number, including area code:
|
(713) 513-3300
|
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 5.02
|
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
|
In connection with the change in status of Mr. Gary M. Halverson disclosed in an 8-K filing on May 11, 2015, on May 29, 2015, Mr. Halverson and the Company entered into the Letter Agreement on Employment and Termination of Benefits and Obligations (the "Agreement"). Under the Agreement, Mr. Halverson will continue his employment as Senior Vice President through May 31, 2016 and will continue to receive his current salary, be eligible for all health and welfare benefits and remain a participant in the Company's Management Incentive Compensation Plan during this period. In addition, the stock options, performance restricted stock units and time-based restricted stock units previously awarded to Mr. Halverson will continue to vest pursuant to the terms of the underlying award agreements, as disclosed in the Company's 2015 Proxy Statement filed with the Securities and Exchange Commission on March 27, 2015, and Mr. Halverson's vested stock options will remain exercisable in accordance with the terms of the underlying award agreements. Pursuant to the Agreement, Mr. Halverson has waived his ability to participate in the Company's Executive Severance Program. The foregoing description of the Agreement is summary in nature and is qualified in its entirety by the text of the Agreement, which is attached hereto as Exhibit 10.1 and which is incorporated herein by reference.
|
Item 9.01
|
Financial Statements and Exhibits.
|
(d) Exhibits.
|
Exhibit No.
|
|
Description of Exhibit
|
| |
|
|
|
10.1
|
|
Letter Agreement on Employment and Termination Benefits and Obligations by and between Cameron and Gary M. Halverson, dated May 29, 2015.
|
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.
| |
CAMERON INTERNATIONAL CORPORATION
|
| |
|
|
| |
|
|
| |
By:
|
/s/ William C. Lemmer |
| |
|
William C. Lemmer
|
| |
|
Senior Vice President and General Counsel
|
| |
|
Date: June 4, 2015