|
April
29, 2005 |
|
(Date
of Report - Date of earliest event
reported) |
|
KERR-McGEE
CORPORATION |
|
(Exact
name of registrant as specified in its
charter) |
|
Delaware |
1-16619 |
73-1612389 | ||
|
(State
of Incorporation) |
(Commission
File Number) |
(IRS
Employer Identification No.) |
|
Kerr-McGee
Center |
||
|
Oklahoma
City, Oklahoma |
73125 | |
|
(Address
of principal executive offices) |
(Zip
Code) |
|
(405) 270-1313 |
|
(Registrant's
telephone number) |
|
Item
8.01 |
Other
Events |
|
At
Kerr-McGee Corporation’s 2005 Annual Meeting of Stockholders, which is
scheduled for May 10, 2005, stockholders will be asked to approve the
Kerr-McGee Corporation 2005 Long Term Incentive Plan. In that regard, the
Company’s management intends to recommend to the Executive Compensation
Committee of the Company’s Board of Directors that the committee adopt a
policy providing that equity grants made after adoption of the 2005 Long
Term Incentive Plan will result in a prospective gross three-year average
burn rate through 2008 not exceeding 2% of common shares
outstanding. |
|
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. |
|
KERR-MCGEE
CORPORATION | ||
|
By: |
(John
M. Rauh) | |
|
John
M. Rauh | ||
|
Vice
President and Controller | ||
|
Dated:
April 29, 2005 |