UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549-1004
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): March 16, 2005
FINANCIAL FEDERAL CORPORATION
(Exact name of Registrant as specified in its charter)
Nevada 1-12006 88-0244792
(State of incorporation) (Commission file number) (I.R.S. Employer
Identification No.)
733 Third Avenue, New York, New York 10017
(Address of principal executive offices) (Zip Code)
(212) 599-8000
(Registrant's telephone number, including area code)
(Former name or 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:
[ ] 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))
Item 1.01 Entry into a Material Definitive Agreement
------------------------------------------
On March 16, 2005, Financial Federal Corporation granted shares of
restricted stock and stock options to executive officers under its Amended
and Restated 1998 Stock Option/Restricted Stock Plan as follows:
John V. Golio, Executive Vice President, was granted 10,000 non-
qualified stock options that vest one-third on July 31, 2005,
2006 and 2007 and expire March 16, 2009.
James H. Mayes, Jr., Executive Vice President, was granted 10,000
shares of restricted stock vesting in eight equal annual
installments commencing March 2006.
William M. Gallagher, Senior Vice President, was granted 5,000
shares of restricted stock vesting in five equal annual
installments commencing March 2006.
Troy H. Geisser, Senior Vice President and Secretary, was granted
10,000 non-qualified stock options that vest one-third on July
31, 2005, 2006 and 2007 and expire March 16, 2009.
Steven F. Groth, Senior Vice President and Chief Financial
Officer, was granted 10,000 shares of restricted stock vesting in
eight equal annual installments commencing March 2006.
Vesting of the restricted stock and stock options is subject to
continued service and restricted stock is further subject to earlier
vesting upon a qualifying termination of employment.
2
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 hereunto duly authorized.
FINANCIAL FEDERAL CORPORATION
-----------------------------
(Registrant)
By: /s/ Steven F. Groth
----------------------------------
Senior Vice President and
Chief Financial Officer (Principal
Financial Officer)
March 21, 2005
--------------
(Date)
3