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): March 13, 2006

BIG 5 SPORTING GOODS CORPORATION

(Exact name of registrant as specified in charter)

Delaware		000-49850		95-4388794
(State or Other Jurisdiction of Incorporation)		(Commission File Number)		(IRS Employer Identification No.)

2525 East El Segundo Boulevard, El Segundo, California (Address of principal executive offices)		90245 (Zip Code)

Registrant’s telephone number, including area code: (310) 536-0611

N/A
(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):

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 (7 CFR 240.13e-4(c))

 

 

Item 1.01. Entry into a Material Definitive Agreement.

     On March 13, 2006, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of Big 5 Sporting Goods Corporation (the “Company”) approved new annual base salaries (effective March 27, 2006) of the Company’s executive officers for fiscal 2006. The following table sets forth new annual base salaries of the Company’s Named Executive Officers (as determined by reference to the Company’s proxy statement dated November 7, 2005) and the Company’s Senior Vice President, Chief Financial Officer and Treasurer (salary information for the prior year is included for comparison purposes):

NAME AND POSITION		FISCAL YEAR				ANNUAL SALARY
Steven G. Miller			2006			$	443,000
Chairman of the Board, President and			2005			$	433,000
Chief Executive Officer
Barry D. Emerson			2006			$	300,000
Senior Vice President, Chief Financial			2005			$	275,000
Officer and Treasurer
Thomas J. Schlauch			2006			$	251,000
Senior Vice President, Buying			2005			$	243,000
Richard A. Johnson			2006			$	225,000
Senior Vice President, Store Operations			2005			$	217,000
Gary S. Meade			2006			$	190,000
Senior Vice President, General Counsel			2005			$	177,000
and Secretary

     Also, on March 13, 2006, the Compensation Committee authorized the payment of an annual cash bonus to each of the foregoing executive officers in respect of the year ended January 1, 2006 (fiscal 2005), which amounts were as follows (bonuses previously paid for the prior year are shown for comparison purposes):

NAME		FISCAL YEAR				BONUS
Steven G. Miller			2005			$	415,000
			2004			$	615,000
Thomas J. Schlauch			2005			$	200,000
			2004			$	217,000
Richard A. Johnson			2005			$	180,000
			2004			$	197,000
Barry D. Emerson			2005			$	100,000
Gary S. Meade			2005			$	100,000
			2004			$	98,000

     The foregoing is intended only to be a summary of existing arrangements and is not intended to provide any additional rights to any officer.

Item 9.01. Financial Statements and Exhibits

Exhibit No.		Description
10.1		Base Salary and Bonus Information for Certain Executive Officers

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.

Exhibit 10.1

Base Salary and Bonus Information for Certain Executive Officers

     The following summarizes the current compensation information regarding certain of the issuer’s executive officers. It is intended only to be a summary of existing arrangements and is not intended to provide any additional rights to any officer.

     On March 13, 2006, the Compensation Committee (the “Compensation Committee”) of the Board of Directors of Big 5 Sporting Goods Corporation (the “Company”) approved new annual base salaries (effective March 27, 2006) of the Company’s executive officers for fiscal 2006. The following table sets forth new annual base salaries of the Company’s Named Executive Officers (as determined by reference to the Company’s proxy statement dated November 7, 2005) and the Company’s Senior Vice President, Chief Financial Officer and Treasurer (salary information for the prior year is included for comparison purposes):

NAME AND POSITION		FISCAL YEAR				ANNUAL SALARY
Steven G. Miller			2006			$	443,000
Chairman of the Board, President and			2005			$	433,000
Chief Executive Officer
Barry D. Emerson			2006			$	300,000
Senior Vice President, Chief Financial			2005			$	275,000
Officer and Treasurer
Thomas J. Schlauch			2006			$	251,000
Senior Vice President, Buying			2005			$	243,000
Richard A. Johnson			2006			$	225,000
Senior Vice President, Store Operations			2005			$	217,000
Gary S. Meade			2006			$	190,000
Senior Vice President, General Counsel			2005			$	177,000
and Secretary

     Also, on March 13, 2006, the Compensation Committee authorized the payment of an annual cash bonus to each of the foregoing executive officers in respect of the year ended January 1, 2006 (fiscal 2005), which amounts were as follows (bonuses previously paid for the prior year are shown for comparison purposes):

NAME		FISCAL YEAR				BONUS
Steven G. Miller			2005			$	415,000
			2004			$	615,000
Thomas J. Schlauch			2005			$	200,000
			2004			$	217,000
Richard A. Johnson			2005			$	180,000
			2004			$	197,000
Barry D. Emerson			2005			$	100,000
Gary S. Meade			2005			$	100,000
			2004			$	98,000