Kirkland's, Inc. (Form: 8-K)  

 

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 24, 2011

Kirkland's, Inc.
__________________________________________
(Exact name of registrant as specified in its charter)

     
Tennessee 000-49885 621287151
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(State or other jurisdiction 		_____________
(Commission 		______________
(I.R.S. Employer
of incorporation) File Number) Identification No.)
      
2501 McGavock Pike, Suite 1000, Nashville, Tennessee   37214
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(Address of principal executive offices) 		  ___________
(Zip Code)
     
Registrant’s telephone number, including area code:   615-872-4800

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))

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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

(e) On March 24, 2011 the Compensation Committee of our Board of Directors approved, effective as of March 13, 2011, the fiscal 2011 salary for our executive officers, and the following table sets forth the fiscal 2011 base salaries for our Named Executive Officers:

Named Executive Officer - Base Salary
Robert E. Alderson - $525,000
W. Michael Madden - $335,000
Michelle R. Graul - $290,000

Also on March 24, 2011, the Compensation Committee of our Board of Directors reviewed the achievement of Company performance goals for fiscal 2010 with respect to our executive officers. Based on the Committee's review, the Compensation Committee approved the following bonuses for fiscal 2010 for the executive officers named below:

Named Executive Officer - Fiscal 2010 Bonus
Robert E. Alderson - $403,617
W. Michael Madden - $196,763
Michelle R. Graul - $133,193





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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.

         
    Kirkland's, Inc.
          
March 30, 2011   By:   /s/ W. Michael Madden
       
        Name: W. Michael Madden
        Title: Senior Vice President and Chief Financial Officer