-----BEGIN PRIVACY-ENHANCED MESSAGE-----
Proc-Type: 2001,MIC-CLEAR
Originator-Name: webmaster@www.sec.gov
Originator-Key-Asymmetric:
 MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen
 TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB
MIC-Info: RSA-MD5,RSA,
 NGQd8oyCu2xrrY0HJMzAkMyJe1wqnS9BV/Htmnd8+e9KYOdd0O5wa1Ly7F76IvHc
 wRZ0qWRp3GWgF4A/1LDrtA==

<SEC-DOCUMENT>0001010541-04-000056.txt : 20041215
<SEC-HEADER>0001010541-04-000056.hdr.sgml : 20041215
<ACCEPTANCE-DATETIME>20041215161031
ACCESSION NUMBER:		0001010541-04-000056
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20041209
ITEM INFORMATION:		Entry into a Material Definitive Agreement
FILED AS OF DATE:		20041215
DATE AS OF CHANGE:		20041215

FILER:

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			HUDSON TECHNOLOGIES INC /NY
		CENTRAL INDEX KEY:			0000925528
		STANDARD INDUSTRIAL CLASSIFICATION:	WHOLESALE-MACHINERY, EQUIPMENT & SUPPLIES [5080]
		IRS NUMBER:				133641539
		STATE OF INCORPORATION:			NY
		FISCAL YEAR END:			1231

	FILING VALUES:
		FORM TYPE:		8-K
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-13412
		FILM NUMBER:		041205023

	BUSINESS ADDRESS:	
		STREET 1:		275 N MIDDLETOWN RD
		CITY:			PEARL RIVER
		STATE:			NY
		ZIP:			10965
		BUSINESS PHONE:		8457356000

	MAIL ADDRESS:	
		STREET 1:		275 N MIDDLETOWN RD
		CITY:			PEARL RIVER
		STATE:			NY
		ZIP:			10965

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	REFRIGERANT RECLAMATION INDUSTRIES INC
		DATE OF NAME CHANGE:	19940617
</SEC-HEADER>
<DOCUMENT>
<TYPE>8-K
<SEQUENCE>1
<FILENAME>form8_k1204.htm
<DESCRIPTION>HUDSON TECHNOLOGIES 8K
<TEXT>
<HTML>
<HEAD>
<META NAME="Generator" CONTENT="Microsoft Word 97">
<TITLE>8-K option grants</TITLE>
<META NAME="FBSaveFormat" CONTENT="0">
<META NAME="FullDocNum" CONTENT="M1:1130558.01">
<META NAME="_AdHocReviewCycleID" CONTENT="1427800424">
<META NAME="_EmailSubject" CONTENT="SEC Form 8K">
<META NAME="_AuthorEmail" CONTENT="SMandracchia@hudsontech.com">
<META NAME="_AuthorEmailDisplayName" CONTENT="Steve Mandracchia">
</HEAD>
<BODY LINK="#0000ff">

<B><FONT SIZE=3><P ALIGN="CENTER">UNITED STATES</P>
<P ALIGN="CENTER">SECURITIES AND EXCHANGE COMMISSION</P>
<P ALIGN="CENTER">Washington, DC 20549</P>
</B><P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<B><P ALIGN="CENTER">FORM 8-K</P>
</B><P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<B><P ALIGN="CENTER">CURRENT REPORT Pursuant</P>
<P ALIGN="CENTER">to Section 13 or 15(d) of the</P>
<P ALIGN="CENTER">Securities Exchange Act of 1934</P>
</B><P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY">&#9;</P></FONT>
<P ALIGN="CENTER"><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=0 WIDTH=702>
<TR><TD WIDTH="54%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="JUSTIFY">Date of report (Date of earliest event reported)  </FONT></TD>
<TD WIDTH="46%" VALIGN="TOP" COLSPAN=2>
<U><FONT SIZE=3><P ALIGN="JUSTIFY">December 9, 2004</U></FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>&nbsp;</TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=3><P ALIGN="CENTER">Hudson Technologies, Inc.</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=3><P ALIGN="CENTER">(Exact Name of Registrant as Specified in Its Charter)</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>&nbsp;</TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=3><P ALIGN="CENTER">New York</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=3><P ALIGN="CENTER">(State or Other Jurisdiction of Incorporation)</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>&nbsp;</TD>
</TR>
<TR><TD WIDTH="56%" VALIGN="TOP" COLSPAN=2>
<FONT SIZE=3><P ALIGN="CENTER">1-13412</FONT></TD>
<TD WIDTH="44%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">13-3641539</FONT></TD>
</TR>
<TR><TD WIDTH="56%" VALIGN="TOP" COLSPAN=2>
<FONT SIZE=3><P ALIGN="CENTER">(Commission File Number)</FONT></TD>
<TD WIDTH="44%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">(IRS Employer Identification No.)</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>
<B><FONT SIZE=3><P>&#9;</B></FONT></TD>
</TR>
<TR><TD WIDTH="56%" VALIGN="TOP" COLSPAN=2>
<FONT SIZE=3><P ALIGN="CENTER">275  North Middletown Road    Pearl River,  New York</FONT></TD>
<TD WIDTH="44%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">10965</FONT></TD>
</TR>
<TR><TD WIDTH="56%" VALIGN="TOP" COLSPAN=2>
<FONT SIZE=3><P ALIGN="CENTER">(Address of Principal Executive Offices)</FONT></TD>
<TD WIDTH="44%" VALIGN="TOP">
<FONT SIZE=3><P ALIGN="CENTER">(Zip Code)</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>&nbsp;</TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=3><P ALIGN="CENTER">(845) 735-6000</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=3><P ALIGN="CENTER">(Registrant's Telephone Number, Including Area Code)</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>&nbsp;</TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=3><P ALIGN="CENTER">Not Applicable</FONT></TD>
</TR>
<TR><TD VALIGN="TOP" COLSPAN=3>
<FONT SIZE=3><P ALIGN="CENTER">(Former Name or Former Address, if Changed Since Last Report)</FONT></TD>
</TR>
</TABLE>

<FONT SIZE=3><P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY">&#9;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 (<I>see </I>General Instruction A.2. below):</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;<FONT FACE="Wingdings">&#111;</FONT>
&#9;Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;<FONT FACE="Wingdings">&#111;</FONT>
&#9;Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;<FONT FACE="Wingdings">&#111;</FONT>
&#9;Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;<FONT FACE="Wingdings">&#111;</FONT>
&#9;Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))</P>
<P ALIGN="JUSTIFY"></P>
</FONT><B><P ALIGN="JUSTIFY">Item 1.01&#9;Entry into a Material Definitive Agreement.</P>
</B><P ALIGN="JUSTIFY"></P>
<FONT SIZE=3><P ALIGN="JUSTIFY">A.&#9;On December 9, 2004, the Board of Directors of Hudson Technologies, Inc. (the &quot;Registrant&quot;) approved stock option bonuses (the &quot;2004 Option Bonus Award&quot;) under which, on January 3, 2005, the Registrant will issue stock options (&quot;Options&quot;) under one of the Registrant's existing Stock Option Plans to purchase: (i) 93,750 shares of its common stock to Kevin J. Zugibe, its Chief Executive Officer, (ii) 62,500 shares of its common stock to Brian F. Coleman, its President,  (iii)  46,875 shares of its common stock to Charles F. Harkins, its Vice President of Sales and Operations, (iv) 31,250 shares of its common stock to Stephen P. Mandracchia, its Vice President  and (v) 31,250 shares to James R. Buscemi, its Chief Financial Officer.  All such Options will be issued at an exercise price equal to the closing sale price of the Registrant's common stock on the issuance date, and will vest in eight equal quarterly installments over a two year period 
with the first installment vesting on April 1, 2005 and expire on January 3, 2015, subject to earlier termination in certain circumstances.</P>
<P ALIGN="JUSTIFY">B.&#9;On December 9, 2004, the Board of Directors of Hudson Technologies, Inc. (the &quot;Registrant&quot;) approved a bonus plan (the &quot;2005 Bonus Plan&quot;).  The 2005 Bonus Plan provides for the award of the following:  </P>
<OL>

<OL>

<P ALIGN="JUSTIFY"><LI>The Registrant will issue stock options under one of the Registrant's existing Stock Option Plans to purchase: (i)  75,000 shares of its common stock to Kevin J. Zugibe, its Chief Executive Officer, (ii) 50,000 shares of its common stock to Brian F. Coleman, its President,  (iii)  37,500 shares of its common stock to Charles F. Harkins, its Vice President of Sales and Operations, (iv) 25,000 shares of its common stock to Stephen P. Mandracchia, its Vice President  and (v) 25,000 shares to James R. Buscemi, its Chief Financial Officer.  All such stock options will be issued quarterly in four equal installments, with the first quarterly installment to be issued on April 1, 2005 and the final installment to be issued on January 2, 2006.  Such stock options will be issued at an exercise price equal to the closing sale price of the Registrant's common stock on the issuance date for each installment, and each installment will vest in eight equal quarterly installments over a two year period 
with each installment vesting on the first day of the succeeding quarter (e.g., Options issued on April 1, 2005 will vest quarterly commencing July 1, 2005), and will expire ten (10) years from the date of issuance, subject to earlier termination in certain circumstances.</LI></P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY"><LI>The Registrant will establish at the end of fiscal year 2005 a bonus pool for the payment of cash bonuses to some or all of the following persons:  Kevin J. Zugibe, Brian F. Coleman, Charles F. Harkins, Stephen P. Mandracchia and James R. Buscemi (collectively, the &quot;Executive Officers&quot;), as well as to several other key employees of the Registrant.  The amount of the bonus pool to be established has not been determined, but will be based upon the Registrant achieving earnings for the fiscal year 2005 in excess of a pre-determined level for fiscal 2005 (the &quot;Benchmark&quot;), up to a maximum bonus pool of $250,000.  In the event the Registrant's 2005 earnings exceed the Benchmark, cash bonuses may be paid out of the bonus pool to some or all of the Executive Officers.  The Board of Directors will determine which, if any, of the Executive Officers are to receive a cash bonus, as well as the amount of the cash bonus to be paid to each such Executive Officer, which determinat
ion will be made, in the discretion of the Board of Directors, based upon the overall 2005 financial results of the Registrant as well as on the personal performance of each Executive Officer during 2005.  </LI></P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">In addition to the foregoing, in the event the Registrant's 2005 earnings exceed the Benchmark, on January 2, 2006 the Registrant will issue stock options (the &quot;Benchmark Options&quot;) to some or all of the Executive Officers.  The Board of Directors will determine which, if any, of the Executive Officers are to receive Benchmark Options, as well as the number of Benchmark Options to be issued to each such Executive Officer, which determination will be made, in the discretion of the Board of Directors, based upon the overall 2005 financial results of the Registrant as well as on the personal performance of each Executive Officer during 2005.  The maximum number of Benchmark Options to be issued under the Registrant's Stock Option Plans will be for the purchase of: (i)  75,000 shares of its common stock to Kevin J. Zugibe, its Chief Executive Officer, (ii) 50,000 shares of its common stock to Brian F. Coleman, its President,  (iii)  37,500 shares of its common stock to Charles F. Hark
ins, its Vice President of Sales and Operations, (iv) 25,000 shares of its common stock to Stephen P. Mandracchia, its Vice President  and (v) 25,000 shares to James R. Buscemi, its Chief Financial Officer.  All such Benchmark Options will be issued at an exercise price equal to the closing sale price of the Registrant's common stock on the issuance date, and will vest in eight equal quarterly installments over a two year period with the first installment vesting on April 3, 2006 and expire on January 2, 2016, subject to earlier termination in certain circumstances.<B> </P>
</FONT><P ALIGN="CENTER"></P></DIR>
</DIR>
</DIR>

<P ALIGN="CENTER">SIGNATURES</P>
</B><P>&#9;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.</P>

<P>&nbsp;</P><DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>

<FONT SIZE=3><P>HUDSON TECHNOLOGIES, INC.</P></DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>

<P><BR>
<BR>
</P></FONT>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=7 WIDTH=624>
<TR><TD WIDTH="39%" VALIGN="TOP">
<FONT SIZE=3><P>Date: </FONT>December 15, 2004</TD>
<TD WIDTH="6%" VALIGN="TOP">
<FONT SIZE=3><P>By:<U> </U></FONT></TD>
<TD WIDTH="56%" VALIGN="TOP">
<U><FONT SIZE=3><P>/S/  Stephen P. Mandracchia</U></FONT></TD>
</TR>
<TR><TD WIDTH="44%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="56%" VALIGN="TOP">
<FONT SIZE=3><P>Name:  Stephen P. Mandracchia</FONT></TD>
</TR>
<TR><TD WIDTH="44%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="56%" VALIGN="TOP">
<FONT SIZE=3><P> Title:    Vice President Legal &amp; Regulatory, Secretary </FONT></TD>
</TR>
</TABLE>


<FONT SIZE=3><P>&nbsp;</P></FONT></BODY>
</HTML>

</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
