anthracite_8k.htm
 
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 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)
    December 16, 2009 (December 11, 2009)


Anthracite Capital, Inc.
(Exact name of registrant as specified in its charter)

 
Maryland
001-13937
13-3978906
(State or other jurisdiction of incorporation)
(Commission File Number)
(IRS Employer Identification No.)


40 East 52nd Street, New York, New York  
  
10022
(Address of principal executive offices)
  
(Zip Code)


Registrant’s telephone number, including area code
  (212) 810-3333


N/A
(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 (see General Instruction A.2. below):
 
[ ]
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 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 11, 2009, Andrew P. Rifkin tendered his resignation from the Board of Directors (the "Board") of Anthracite Capital, Inc. (the "Company"), effective immediately.  Mr. Rifkin’s resignation did not result from a disagreement with the Company on any matter relating to the Company’s operations, policies or practices.

Mr. Rifkin was elected to the Company's Board as a designee of the holder (the "Holder") of the Company's 12% Series E-1 Cumulative Convertible Redeemable Preferred Stock and 12% Series E-2 Cumulative Convertible Redeemable Preferred Stock (collectively, the "Convertible Preferred Stock").  Pursuant to the Articles Supplementary governing the Convertible Preferred Stock, the Holder continues to have the right to elect one member of the Company's Board.

 
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.

 
ANTHRACITE CAPITAL, INC.
  
       
       
 
By:
/s/ Richard M. Shea
  
 
Name:
Richard M. Shea
  
 
Title:
President and Chief Operating Officer
       
       
 
Dated: December 16, 2009