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 14, 2009
CALGON
CARBON CORPORATION
(Exact
name of registrant as specified in its charter)
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Delaware
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1-10776
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25-0530110
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(State
or other jurisdiction
of
incorporation)
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(IRS
Employer
Identification
No.)
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P.O. Box 717,
Pittsburgh, PA 15230-0717
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15230-0717
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(Address
of principal executive offices)
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(Zip
Code)
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Registrant’s
telephone number, including area code (412)
787-6700
(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 (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))
Item
5.02(e) Departure of Directors or Certain
Officers; Election of Directors; Appointment of Certain Officers; Compensatory
Arrangements of Certain Officers.
On
September 2, 2009, Dennis M. Sheedy left the employ of Calgon Carbon Corporation
(the “Company”). Mr. Sheedy had been the Vice President, General
Counsel and Secretary of the Company. A Form 8-K for this matter was
filed with the Securities and Exchange Commission on September 8,
2009.
On
October 14, 2009, the terms of a Separation Agreement and Release (the
“Agreement”) between the Company and Mr. Sheedy became
effective. In general, the Agreement contains certain customary terms
and conditions entered into between a company and an executive in connection
with termination of employment, such as releases, cooperation, return of
documents and confidentiality provisions. In the Agreement, the
Company confirms the payment of certain amounts which were otherwise payable to
Mr. Sheedy pursuant to the terms of his employment agreement, which are (i)
$322,950 for base pay severance, (ii) $118,250 for cash incentive plan
severance, (iii) $14,077 for unused vacation time, and (iv) amounts necessary to
continue coverage under medical and dental plans for eighteen
months. The Company also agreed to extend the time in which
Mr. Sheedy could exercise certain already issued and vested stock options
for 13,050 shares of Company stock, and to pay for life insurance coverage for
Mr. Sheedy for a period of eighteen months.
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.
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CALGON CARBON
CORPORATION
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(Registrant)
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Date:
October 14, 2009
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By /s/ Leroy M. Ball
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Leroy
M. Ball
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Chief
Financial Officer
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