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): August 2, 2007
PURE
CYCLE CORPORATION
(Exact name of registrant as specified in its charter)
0-8814 |
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Delaware |
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84-0705083 |
Commission file number |
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(State of incorporation) |
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(I.R.S. Employer Identification No.) |
8451
Delaware Street, Thornton, CO 80260
(Address of principal executive office) (Zip Code)
(303)
292-3456
(Issuers telephone number)
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(d) DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
On Thursday August 2, 2007, the Board of Directors of Pure Cycle Corporation (the Company) appointed Mr. Arthur Bart Epker as a member of the Board of Directors. There are no arrangements or understandings between Mr. Epker and any other person pursuant to which he was selected as a Director of the Company. Mr. Epker has been appointed to one Board committee which evaluates the Companys Comprehensive Amendment Agreement No. 1 (the CAA Committee). Mr. Epker will serve as the chairman of the CAA Committee. Upon his appointment to the Board, Mr. Epker received $10,000 for his appointment to the Board and $1,000 for his election to the CAA Committee. Additionally, pursuant to the 2004 Incentive Plan, Mr. Epker received an option to purchase 5,000 shares of the Companys common stock which vests one-half (1/2) on each of the first two anniversaries of the effective date of grant (August 2, 2007).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: August 6, 2007
PURE CYCLE CORPORATION |
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/s/ Mark W. Harding |
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By: Mark W. Harding, |
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President and Chief Financial Officer |
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