Unassociated Document
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): March 17, 2006
 
FUELCELL ENERGY, INC.
(Exact Name of Registrant as Specified in Charter)
 
 Delaware
 1-14204
    06-0853042
 (State or Other Jurisdiction of Incorporation)
(Commission File Number)
   (IRS Employer Identification No.)
 
 
 3 Great Pasture Road, Danbury, Connecticut
  
   06813
 (Address of Principal Executive Offices)
 
   (Zip Code)

Registrant's telephone number, including area code: (203) 825-6000

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 8.01. Other Events.

The Company is correcting disclosure made in its proxy statement dated February 21, 2006 furnished to shareholders in connection with the 2006 Annual Meeting of Shareholders to be held on March 28, 2006. The corrected disclosure is included in the table below.

EQUITY COMPENSATION PLAN AND WARRANT INFORMATION

The following table sets forth certain information with respect to the Company’s equity compensation plans and warrants as of the end of the fiscal year ended October 31, 2005. 
 
 
Plan Category
      
Number of Common Shares to be issued upon exercise of outstanding options, warrants and rights 
    
Weighted-average exercise price of outstanding options, warrants and rights 
      
Number of securities remaining available for future issuance under equity compensation plans 
  
Plans approved by shareholders:
                        
Equity incentive plans
      
5,810,086
  
$
10.27
      
672,565
  
Employee stock purchase plan
     
20,646
  
$
6.76
      
375,525
  
Plans not approved by shareholders:
                        
Warrants issued to business partners
      
1,600,000
  
$
13.05
      
---
  
Total
      
7,430,732
  
$
10.86
      
1,048,090
  

In addition, on March 17, 2006, the Board of Directors of the Company adopted an amendment to its 2006 Equity Incentive Plan to add Section 10(k) thereto as follows:

“(k) Without the prior approval of the Corporation’s shareholders, no Options issued may be repriced, replaced or regranted through cancellation with options, cash or stock, or by lowering the option exercised price of a previously granted award.” 

 
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.
 
 
 
 
FUELCELL ENERGY, INC.
 
 
 
 
  
Date: March 17, 2006
By:  
/s/ Joseph G. Mahler
 
Joseph G. Mahler
 
Senior Vice President, Chief Financial Officer, Corporate Secretary and Treasurer