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: August 24, 2007
RICK'S
CABARET INTERNATIONAL, INC.
(Exact Name of Registrant As Specified in Its Charter)
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Texas
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0-26958
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76-0037324
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(State
Or Other Jurisdiction of Incorporation)
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(Commission
File Number)
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(IRS
Employer Identification No.)
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10959
Cutten Road
Houston,
Texas 77066
(Address
Of Principal Executive Offices, Including Zip Code)
(281)
397-6730
(Registrant's Telephone Number, Including Area Code)
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ITEM
5.02
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COMPENSATORY
ARRANGEMENTS OF CERTAIN OFFICERS
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On
August
24, 2007, the Compensation Committee of the Board of Directors granted Phillip
Marshall, the Company's Chief Financial Officer, 20,000 five-year
stock options to purchase shares of the Company’s common stock with an exercise
price of $9.40 per share. The stock options, which expire on August
24, 2012, vest over the next two years with 10,000 stock options becoming
exercisable on August 24, 2008 and 10,000 stock options becoming exercisable
on
August 24, 2009.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant
has
duly caused this report on Form 8-K to be signed on its behalf by the
undersigned hereunto duly authorized.
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RICK'S
CABARET INTERNATIONAL, INC.
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By: /s/
Eric Langan
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Date: August
28, 2007
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Eric
Langan
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Chief
Executive Officer and
President
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