-----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,
 Lqa8QkYx5rFTtcY22VW1242cuqOOEaZPUcUMn1SDk2jsyAFwueNA/8x3l9GtWMoE
 Y9BexoOmZUOfkivL5qy3CQ==

<SEC-DOCUMENT>0001010541-05-000091.txt : 20051219
<SEC-HEADER>0001010541-05-000091.hdr.sgml : 20051219
<ACCEPTANCE-DATETIME>20051219164917
ACCESSION NUMBER:		0001010541-05-000091
CONFORMED SUBMISSION TYPE:	8-K
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20051213
ITEM INFORMATION:		Other Events
FILED AS OF DATE:		20051219
DATE AS OF CHANGE:		20051219

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:		051273146

	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_k121905.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="-670322384">
<META NAME="_EmailSubject" CONTENT="Form 8K">
<META NAME="_AuthorEmail" CONTENT="SMandracchia@hudsontech.com">
<META NAME="_AuthorEmailDisplayName" CONTENT="Steve Mandracchia">
<META NAME="_PreviousAdHocReviewCycleID" CONTENT="-1192572320">
</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">Date of report (Date of earliest event reported)    <U>December 13, 2005&#9;</P>
</U><P ALIGN="JUSTIFY"></P>
<P ALIGN="CENTER">Hudson Technologies, Inc.</P>
<P ALIGN="CENTER">(Exact Name of Registrant as Specified in Its Charter)</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="CENTER">New York</P>
<P ALIGN="CENTER">(State or Other Jurisdiction of Incorporation)</P>
<P ALIGN="JUSTIFY"></P>

<TABLE WIDTH = 600>
<TR><TD>1-13412</TD><TD>13-3641539</TD></TR>
<TR><TD>(Commission File Number)</TD><TD>(IRS Employer Identification No.)</TD></TR>
</TABLE>

<B><P>&#9;</P>
<P>&#9;</B>275 North Middletown Road    Pearl River, New York<B>&#9;</B>10965</P>
<P>&#9;(Address of Principal Executive Offices)&#9;(Zip Code)</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="CENTER">(845) 735-6000</P>
<P ALIGN="CENTER">(Registrant's Telephone Number, Including Area Code)</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="CENTER">Not Applicable</P>
<P ALIGN="CENTER">(Former Name or Former Address, if Changed Since Last Report)</P>
<P ALIGN="JUSTIFY"></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><DIR>
<DIR>

<FONT FACE="CG Times,Times New Roman" SIZE=3><P ALIGN="JUSTIFY">A.</FONT><FONT FACE="CG Times,Times New Roman" SIZE=4>&#9;</FONT>On December 13, 2005, the Board of Directors of Hudson Technologies, Inc. (the "Registrant") approved the acceleration of the vesting of certain unvested options awarded under the Registrant's 1997 Stock Option Plan (the "Plan") on September 30, 2005 to the following individuals, effective December 14, 2005:  James R. Buscemi, Brian F. Coleman, Charles F. Harkins, Stephen P. Mandracchia and Kevin J. Zugibe (collectively, the "Executive Officers"), as well as to two other key employees of the Registrant.    As a result of this action, the following options to purchase 65,625 shares of the Company's common stock that were granted under the Plan on September 30, 2005, will vest in full effective December 14, 2005:</P></DIR>
</DIR>

<P ALIGN="RIGHT"><TABLE CELLSPACING=0 BORDER=0 CELLPADDING=0 WIDTH=589>
<TR><TD WIDTH="27%" VALIGN="TOP">
<U><P ALIGN="JUSTIFY">Exercise Price</U></TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="23%" VALIGN="TOP" COLSPAN=3>
<P ALIGN="JUSTIFY">Number of share</TD>
<TD WIDTH="11%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="17%" VALIGN="TOP" COLSPAN=3>&nbsp;</TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="31%" VALIGN="TOP" COLSPAN=4>
<U><P ALIGN="JUSTIFY">Issuable upon exercise</U>&#9;</TD>
<TD WIDTH="3%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="9%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP" COLSPAN=4>&nbsp;</TD>
<TD WIDTH="9%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP" COLSPAN=2>
<P ALIGN="JUSTIFY">James R. Buscemi</TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<P ALIGN="JUSTIFY">  6,250</TD>
<TD WIDTH="22%" VALIGN="TOP" COLSPAN=4>&nbsp;</TD>
<TD WIDTH="9%" VALIGN="TOP">
<P ALIGN="JUSTIFY">$2.15</TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP" COLSPAN=2>
<P ALIGN="JUSTIFY">Brian F. Coleman</TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<P ALIGN="JUSTIFY">12,500&#9;</TD>
<TD WIDTH="22%" VALIGN="TOP" COLSPAN=4>&nbsp;</TD>
<TD WIDTH="9%" VALIGN="TOP">
<P ALIGN="JUSTIFY">$2.15</TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP" COLSPAN=2>
<P ALIGN="JUSTIFY">Charles F. Harkins</TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<P ALIGN="JUSTIFY">  9,375&#9;</TD>
<TD WIDTH="22%" VALIGN="TOP" COLSPAN=4>&nbsp;</TD>
<TD WIDTH="9%" VALIGN="TOP">
<P ALIGN="JUSTIFY">$2.15</TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP" COLSPAN=2>
<P ALIGN="JUSTIFY">Stephen P. Mandracchia</TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<P ALIGN="JUSTIFY">  6,250&#9;</TD>
<TD WIDTH="22%" VALIGN="TOP" COLSPAN=4>&nbsp;</TD>
<TD WIDTH="9%" VALIGN="TOP">
<P ALIGN="JUSTIFY">$2.15</TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP" COLSPAN=2>
<P ALIGN="JUSTIFY">Kevin J. Zugibe</TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<P ALIGN="JUSTIFY">18,750</TD>
<TD WIDTH="22%" VALIGN="TOP" COLSPAN=4>&nbsp;</TD>
<TD WIDTH="9%" VALIGN="TOP">
<P ALIGN="JUSTIFY">$2.15</TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP" COLSPAN=2>
<P ALIGN="JUSTIFY">Other employees (aggregate)</TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<U><P ALIGN="JUSTIFY">12,500</U></TD>
<TD WIDTH="22%" VALIGN="TOP" COLSPAN=4>&nbsp;</TD>
<TD WIDTH="9%" VALIGN="TOP">
<U><P ALIGN="JUSTIFY">$2.15</U></TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">&nbsp;</TD>
<TD WIDTH="22%" VALIGN="TOP" COLSPAN=4>&nbsp;</TD>
<TD WIDTH="9%" VALIGN="TOP">&nbsp;</TD>
</TR>
<TR><TD WIDTH="35%" VALIGN="TOP" COLSPAN=2>
<P ALIGN="JUSTIFY">Total</TD>
<TD WIDTH="21%" VALIGN="TOP" COLSPAN=2>&nbsp;</TD>
<TD WIDTH="12%" VALIGN="TOP">
<P ALIGN="JUSTIFY">65,625</TD>
<TD WIDTH="22%" VALIGN="TOP" COLSPAN=4>&nbsp;</TD>
<TD WIDTH="9%" VALIGN="TOP">
<P ALIGN="JUSTIFY">$2.15</TD>
</TR>
</TABLE>
</P>

<P ALIGN="JUSTIFY"></P><DIR>
<DIR>

<P ALIGN="JUSTIFY">The closing market price of the Company's common stock on December 14, 2005 was $2.01.  Since the exercise price of the options subject to acceleration is below the closing market price as of the effective date of the acceleration, the options subject to acceleration had no economic value to the holders on the date of acceleration, and the Company has incurred no stock based compensation expense as a result of the acceleration of these options.</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">The purpose of accelerating the vesting of these outstanding previously unvested options is to enable the Company to avoid recognizing stock based compensation expense associated with these options in future periods after the Company adopts Statement of Financial Accounting Standard No. 123 (revised 2004), "Share-Based Payment" ("SFAS 123(R)"), in January 2006.  </P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">B.&#9;On December 15, 2005, the Registrant entered into a Lease Termination Agreement (the Agreement) with Ramapo Land Co., Inc. ("Ramapo Land") pursuant to which the Registrant paid Ramapo Land $70,451.63 for legal and consulting fees incurred by Ramapo Land as a result of the April 1, 1999 release (the "1999 Release") at the Registrants facility located at Hillburn, New York (the "Hillburn facility") of approximately 7,800 lbs. of R-11 refrigerant, and Ramapo Land agreed to release the Registrant "from any claims and causes of action which it has or may have including, without limitation, any claim for a reduction in the value" of the Hillburn facility.  </P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">On December 15, 2005, the Registrant entered into a Stipulation of Discontinuance (the "Stipulation") with Ramapo Land by which Ramapo Land agreed to dismiss with prejudice all claims asserted by Ramapo Land in the action commenced by Ramapo Land against the Registrant in the Supreme Court of the State of New York, Rockland County, which action was commenced in July 2005.</P>
<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&#9;The execution of the Agreement and the Stipulation resolves all claims of Ramapo Land arising out of the 1999 Release, and which were disclosed and discussed in the Legal Proceedings Section in Part II, Item 1 of the Registrant's Form QSB for the three and nine months ended September 30, 2005.  For further information on the 1999 Release, refer to the Legal Proceedings Section in Part I, Item 3 of the Company's Form 10-KSB for the year ended December 31, 2004.</P>
<P ALIGN="JUSTIFY"> </P>
<P ALIGN="JUSTIFY"></P></DIR>
</DIR>

<B><P ALIGN="JUSTIFY">SIGNATURES</P>
</B><P ALIGN="JUSTIFY">&#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 ALIGN="JUSTIFY"></P><DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>

<P ALIGN="JUSTIFY">HUDSON TECHNOLOGIES, INC.</P></DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>

<P ALIGN="JUSTIFY"><BR>
&#9;</P>
<TABLE CELLSPACING=0 BORDER=0 CELLPADDING=0 WIDTH = 600>
<TR><TD>Date: December 19, 2005</TD>
<TD>By: <U> /S/ Stephen p. Mandracchia</U></TD></TR>
<TR><TD>&nbsp;</TD>
<TD>Name:  Stephen P. Mandracchia</TD></TR>
<TR><TD>&nbsp;</TD>
<TD><P ALIGN="JUSTIFY">Title:    Vice President Legal &amp; Regulatory, Secretary</TD>
</TR>
</TABLE>

<P ALIGN="JUSTIFY"></P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY">&nbsp;</P>
<P ALIGN="JUSTIFY"><BR>
&#9;</P>
<P ALIGN="JUSTIFY"></P><DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>
<DIR>

<P ALIGN="JUSTIFY">&#9; </P></DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</DIR>
</BODY>
</HTML>
</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
-----END PRIVACY-ENHANCED MESSAGE-----
