UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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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):
April 15, 2005
BARRETT BUSINESS SERVICES, INC.
(Exact name of registrant as specified in charter)
Maryland
(State or other jurisdiction of incorporation)
0-21886
(SEC File Number)
52-0812977
(IRS Employer Identification No.)
4724 S.W. Macadam Avenue
Portland, Oregon 97239
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:
(503) 220-0988
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 8.01. Other Events.
On April 18, 2005, Barrett Business Services, Inc. (the "Company"), announced a
three-for-two split of its common stock, to be effected in the form of a 50
percent stock dividend. The stock dividend, which was declared on April 15,
2005, will be paid on May 19, 2005, to stockholders of record at the close of
business on April 29, 2005. Each stockholder will receive one additional share
for every two shares owned. Cash will be paid in lieu of fractional shares,
based on the closing price of the Company's common stock on the record date,
adjusted for the stock split. Following the stock split, the Company will have
approximately 8.7 million shares of common stock outstanding. The par value of
the common stock will remain $.01 per share. The common stock will trade
"ex-dividend" beginning on May 20, 2005.
Pursuant to Rule 416 of the Securities Act of 1933, as amended, effective on the
record date for the stock split, April 29, 2005, all effective registration
statements relating to the Company's common stock will be deemed to cover the
additional shares resulting from the stock split, including Registration
Statements on Form S-8, Nos. 333-105833 and 33-33487.
SIGNATURE
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.
BARRETT BUSINESS SERVICES, INC.
Dated: April 18, 2005 By: /s/ Michael D. Mulholland
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Michael D. Mulholland
Vice President - Finance