Unassociated Document
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 (Date of earliest event
reported) September 10,
2009
(Exact
Name of Registrant as Specified in Its Charter)
(State or
Other Jurisdiction of Incorporation)
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001-14015
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77-0262908
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(Commission
File Number)
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(IRS
Employer Identification No.)
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3590
East Columbia Street, Tucson, Arizona
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85714
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(Address
of Principal Executive Offices)
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(Zip
Code)
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(520)
628-7415
(Registrant’s
Telephone Number, Including Area Code)
(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):
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))
On
September 10, 2009, with a start date of December 1, 2009, Joseph C.
Hayden, the Chief Operating Officer of Applied Energetics, Inc. (the “Company”),
entered into a Sales Plan with a brokerage firm under Rule 10b5-1 of the
Securities Exchange Act of 1934. Such plans allow a corporate insider
to gradually diversify holdings of his company’s common stock while minimizing
any market effects of such trades by spreading them out over an extended period
of time and eliminating any market concern that such trades were made by a
person while in possession of material nonpublic information.
Mr.
Hayden’s 10b-5-1 plan provides for the sales of 580,000 shares of the Company’s
common stock per calendar quarter over a 12-month period beginning on December
1, 2009; up to a maximum of 580,000 shares, with a minimum sales prices of $1.00
as to 400,000 of the shares, $1.50 as to 120,000 of the shares and $2.00 as to
60,000 of the shares. All sales under the 10b5-1 plans are subject to
the terms and conditions thereof. Under the plan, Mr. Hayden
represented and agreed not to make any other open market sales of the Company’s
common stock until the plan terminates.
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 thereunto duly
authorized.
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APPLIED
ENERGETICS, INC.
(Registrant)
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By:
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/s/ Joseph
Hayden |
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Joseph
Hayden
Chief
Operating Officer
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Date: September 11,
2009