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) December 30, 2004
(December 23, 2004)
--------------------------------
Applebee's International, Inc.
----------------------------------------------------
(Exact name of registrant as specified in its charter)
Delaware 000-17962 43-1461763
------------------------------ ------------ -----------------------
(State or other jurisdiction of (Commission (I.R.S. Employer
incorporation or organization) File Number) Identification No.)
4551 W. 107th Street, Overland Park, Kansas 66207
-------------------------------------------------------------------------------
(Address of principal executive offices and zip code)
(913) 967-4000
----------------------------------------------------
(Registrant's telephone number, including area code)
None
-------------------------------------------------------------
(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:
[ ] 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 December 23, 2004, the Executive Compensation Committee of Applebee's
International, Inc. (the "Company") approved the criteria pursuant to which cash
bonuses will be paid to the Chief Executive Officer and the next four most
highly compensated executive officers of the Company for fiscal 2005 under the
Company's 2001 Senior Executive Bonus Plan and 1999 Management and Executive
Incentive Plan. These criteria are also used to establish bonuses for officers
and other employees of the company. The Committee has not approved individual
bonus eligibility amounts or percentages. The officers are eligible to receive
bonuses if certain qualitative and quantitative individual and Company
performance criteria are achieved during fiscal 2005. These criteria include
earnings per share and other operating targets, which the Company does not
publish because doing so would disclose confidential business information.
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.
Date: December 30, 2004
APPLEBEE'S INTERNATIONAL, INC.
By: /s/ Steven K. Lumpkin
----------------------------------------
Steven K. Lumpkin
Executive Vice President and
Chief Financial Officer