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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: April 12, 2006
GENTEX CORPORATION
(Exact Name of Registrant as Specified in Charter)
Michigan 0-10235 38-2030505
(State or other jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
600 North Centennial Street
Zeeland, Michigan 49464
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (616) 772-1800
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(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):
[ ] 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)).
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SECTION 5. CORPORATE GOVERNANCE AND MANAGEMENT
ITEM 5.02 DEPARTURE OF DIRECTORS OR PRINCIPAL OFFICERS; ELECTION
OF DIRECTORS; APPOINTMENT OF PRINCIPAL OFFICERS
(b) Gentex Corporation has announced that the Company's Executive Vice
President Garth Deur is departing the Company to pursue other
opportunities as of April 12, 2006.
(c) In addition, effective April 12, 2006, the Company's Vice President
- Finance and Chief Financial Officer Enoch Jen has been promoted to
Senior Vice President and retains the role of Chief Financial
Officer.
Based upon an agreement reached and formalized with the Company on
April 7, 2006, the Company also announced the appointment of Steve
Dykman, 40, as the Company's Vice President - Finance and Chief
Financial Officer, effective upon Mr. Jen's previously announced
plan to retire as the Company's Chief Financial Officer effective
January 2, 2007. Mr. Dykman has served as the Company's Treasurer
and Director of Accounting and Finance since November 2002, and
previously served as the Company's Controller since November 1995.
Mr. Dykman has no family relationships with any director or
executive officer of the Company.
Mr. Dykman does not have a written employment agreement and will be
an at-will employee as is the case with all employees of the
Company. He will receive a base salary of $145,000, and will be
eligible for a profit-sharing bonus and a discretionary bonus, which
bonuses and grants are available to all salaried employees and
officers generally and which in operation provide for the same
method of allocation of benefits between management and
non-management participants. In addition, it will be recommended
that he receive a 12,000-share stock option grant and a restricted
stock grant of 5,000 shares at his next regularly scheduled grant
date at the end of the fourth quarter of 2006, subject to the
approval of the Company's Compensation Committee. There is no other
arrangement or understanding pursuant to which he was selected as
Vice President - Finance and Chief Financial Officer effective
January 2, 2007.
A copy of the Corporation's News Release concerning this
announcement is attached as Exhibit 99.1.
SECTION 9. FINANCIAL STATEMENTS AND EXHIBITS
ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS
(d). Exhibit 99.1.
News Release Dated April 12, 2006.
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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.
Dated: April 12, 2006 GENTEX CORPORATION
(Registrant)
By /s/ Fred Bauer
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Fred Bauer
Its Chairman of the Board and
Chief Executive Officer
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EXHIBIT INDEX
99.1 News Release Dated April 12, 2006.
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