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):  November 14, 2006

Angeion Corporation

(Exact name of registrant as specified in its charter)

Minnesota

(State or other jurisdiction of incorporation)

 

(651) 484-4874

(Registrant’s telephone number, including area code)

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))

Section 5	Corporate Governance and Management.
Item 5.02	Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

 

At a special meeting of the Board of Directors on November 14, 2006, the following actions were taken.

Compensation of Officers

The compensation of Rodney A. Young, President and Chief Executive Officer, was increased from $275,000 to $302,500 effective November 1, 2006.  Mr. Young’s compensation was last adjusted effective April 1, 2006.  In addition, the annual compensation of Dale H. Johnson, Chief Financial Officer, was increased from $150,154 to $157,661 effective November 1, 2006.  Mr. Johnson’s compensation was last adjusted effective April 1, 2006.

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.

		ANGEION CORPORATION
Dated: November 20, 2006	by	/s/ Rodney A. Young
		Rodney A. Young
		President and Chief Executive Officer

 

 

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