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) June 23, 2005
-------------
Nephros, Inc.
-------------
(Exact Name of Registrant as Specified in Charter)
Commission File Number: 001-32288
---------
Delaware 13-3971809
(State or other Jurisdiction of (I.R.S. Employer
Incorporation) Identification No.)
3960 Broadway, New York, New York 10032
---------------------------------------
(Address of Principal Executive Offices)
(Zip Code)
(212) 781-5113
--------------
(Registrant's telephone number, including area code)
Not Applicable
--------------
(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
Pursuant to the recommendation of its Compensation Committee, the Board of
Directors of Nephros, Inc. (the "Company") amended the Nephros, Inc. 2004 Stock
Incentive Plan (the "2004 Plan") to increase the maximum number of shares of
common stock of the Company available for issuance under the 2004 Plan from
486,237 shares to 800,000 shares (the "Amendment"), contingent upon and
effective as of the time the Company's stockholders approve such Amendment. The
Company's stockholders approved the Amendment at the Company's Annual Meeting of
Stockholders held on June 23, 2005.
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: June 29, 2005
NEPHROS, INC.
By: /s/ Marc L. Panoff
----------------------------------
Marc L. Panoff
Chief Financial Officer (Principal
Financial and Accounting Officer)