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 31, 2006
Federal Signal Corporation
(Exact name of registrant as specified in its charter)
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| Delaware
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0-693
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36-1063330 |
| (State or other jurisdiction
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(Commission File
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(IRS Employer |
| of incorporation)
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Number)
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Identification No.) |
1415 W. 22nd Street, Oak Brook, Illinois 60523
(Address of principal executive offices) (Zip Code)
(630) 954-2000
(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:
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 1.01 Execution of a material definitive agreement
Ms. Karen N. Latham has resigned her position as Vice President and Treasurer effective August 31,
2006. Effective September 1, 2006, Mr. David Janek assumed the position of Vice President and
Treasurer. Ms. Latham will remain an employee of the Company through December 31, 2006. On August
31, 2006, the Company entered into an agreement with Ms. Latham which provides that the Company
will pay her $175,163, which approximates seventy five percent of her
annual salary plus target
bonus. This payment is consistent with the Company’s Executive
General Severance Plan. The Company will also pay her $60,550 which approximates her targeted bonus for 2006. The
Company will provide Ms. Latham with executive outplacement services for nine months and subsidized
COBRA coverage until the earlier of the a) expiration of eighteen months or b) the date she becomes
eligible to receive other insurance coverage. In exchange for the consideration provided by the
Company, Ms. Latham will execute a release in favor of the Company.
The information in this Current Report is being furnished and shall not be deemed “filed” for the
purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to
the liabilities of that Section. The information in this Current Report shall not be incorporated
by reference into any registration statement or other document pursuant to the Securities Act of
1933, as amended.