ASY Elecsys Corp

 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) August 5, 2008
 --------------------------------

 ELECSYS CORPORATION
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 (Exact name of registrant as specified in its charter)


 KANSAS 0-22760 48-1099142
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 (State or other jurisdiction (Commission (IRS Employer
 of incorporation) File Number) Identification No.)
 6
 846 N. Mart-Way Court, Olathe, Kansas 66061
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 (Address of principal executive offices) (Zip Code)



Registrant's telephone number, including area code (913) 647-0158
 ------------------------------




 Not Applicable
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 (Former name or former address, if changed since last report)

Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

 Elecsys Corporation (the "Company") announced today that Derek (Jay) Gillam
has been appointed the new Vice-President of Business Development of the
Company's DCI subsidiary.

 The Company has entered into a letter agreement with Mr. Gillam, the
principle terms of which include:

 (i) annual compensation consisting of a base salary of $105,000;

 (ii) a grant of 10,000 options to purchase the Company's common stock at an
 exercise price equal to the closing market price of the Company's
 common stock on the date of grant (August 4, 2008) and vesting in
 equal parts on each of August 4, 2009, 2010 and 2011;

 (iii) an annual bonus based primarily on profitability goals approved by
 the Company's Board of Directors; and

 (iv) participation in all of the Company's employee benefit programs.

 A press release announcing the hiring of Mr. Gillam is attached hereto as
Exhibit 99.1.








Item 9.01 Financial Statements and Exhibits.

 (c) EXHIBITS. The following exhibits are filed herewith:

 99.1 Press Release dated August 5, 2008.

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.

 Date: August 5, 2008 ELECSYS CORPORATION

 By: /s/ Todd A. Daniels
 --------------------------------------
 Todd A. Daniels
 Vice President and Chief Financial
 Officer

 EXHIBIT INDEX

Exhibit Number Description

 99.1 Press release dated August 5, 2008

Elecsys (AMEX:ASY)
過去 株価チャート
から 4 2024 まで 5 2024

Elecsys (AMEX:ASY)
過去 株価チャート
から 5 2023 まで 5 2024