UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K/A
CURRENT REPORT PURSUANT
TO SECTION 13 OR 15(D) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (date of earliest event reported): February 21, 2011
FORTUNE INDUSTRIES, INC.
(Exact name of registrant as specified in its charter)
INDIANA
(State of incorporation or organization)
0-19049
(Commission file number)
20-2803889
(I.R.S. Employer
Identification No.)
6402 CORPORATE DRIVE
INDIANAPOLIS, INDIANA 46278
(Address of principal executive offices)
(317) 532-1374
(Registrant’s Telephone Number,
Including Area Code)
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):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Explanatory Note
This current report on Form 8-K/A is being filed by Fortune Industries, Inc. (the “Company”) to amend the Current Report on Form 8-K originally filed with the Securities and Exchange Commission on April 8, 2009 (the “Initial Form 8-K”). This sole purpose of this amendment is to outline the terms of the employment agreement approved for Randy Butler,
Chief Financial Officer, by the Company’s Board of Directors on February 21, 2011. All other information in the Initial Form 8-K remains unchanged.
Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On February 21, 2011, Randy Butler, Chief Financial Officer entered into an employment agreement with the Company pursuant to which Mr. Butler will receive an annual salary of $130,000, with an initial term through June 30, 2014. Mr. Butler received a grant of 20,000 shares of restricted company common stock, with vesting contingent upon the Company achieving certain EBITDA goals. Mr. Butler is also entitled to profit sharing if the Company achieves certain EBITDA goals.
ITEM 9.01. Financial Statements and Exhibits.
None.
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, thereunto duly authorized.
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FORTUNE INDUSTRIES, INC.
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Date: February 25, 2011
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By: /s/ Tena Mayberry
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Tena Mayberry
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Chief Executive Officer
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