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<TITLE>Filed by Bowne Pure Compliance</TITLE>
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<P style="font-size: 14pt" align="center"><B>UNITED STATES<BR>
SECURITIES AND
EXCHANGE COMMISSION<BR>
<FONT style="font-size: 12pt">Washington, D.C. 20549
</FONT></B>

<P style="font-size: 18pt" align="center"><B>FORM 8-K</B>

<P style="font-size: 12pt" align="center"><B>CURRENT REPORT<BR>
Pursuant to
Section 13 or 15(d) of the Securities Exchange Act of 1934</B>

<P style="font-size: 10pt" align="center"><B>Date of Report (Date of earliest
event reported): February 3, 2009</B>

<P style="font-size: 24pt" align="center"><B>PIKE ELECTRIC
CORPORATION<BR>
</B><FONT style="font-size: 10pt">(Exact name of registrant as
specified in its charter) </FONT>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="100%" border="0">

 <TR>
  <TD width="32%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="33%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="32%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>Delaware</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>1-32582</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>20-3112047</B></TD>
 </TR>
 <TR valign="top">
  <TD>(State or other Jurisdiction of Incorporation)</TD>
  <TD>&nbsp;</TD>
  <TD>(Commission File Number)</TD>
  <TD>&nbsp;</TD>
  <TD>(IRS Employer Identification No.)</TD>
 </TR>

</TABLE>
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cellpadding="0" width="100%" border="0">

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  <TD width="49%">&nbsp;</TD>
  <TD width="1%">&nbsp;</TD>
  <TD width="49%">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD style="border-bottom: #000000 1px solid"><B>100 Pike Way<BR>
Mount Airy,
NC<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>27030</B></TD>
 </TR>
 <TR valign="top">
  <TD>(Address of Principal Executive Offices)</TD>
  <TD>&nbsp;</TD>
  <TD>(Zip Code)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="center">Registrant&#8217;s telephone number,
including area code: <B>(336) 789-2171</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="30%" border="0">

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  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>Not
Applicable<BR>
</B></TD>
 </TR>
 <TR>
  <TD nowrap>(Former name or former address if changed since last report.)</TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">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:

<P style="font-size: 10pt" align="left"><FONT face="Wingdings">o</FONT> Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)<BR>
<BR>
<FONT face="Wingdings">o</FONT> Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))<BR>
<BR>
<FONT
face="Wingdings">o</FONT> Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))<BR>


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<P style="display: none; font-size: 10pt" align="center">1
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valign="top">
  <TD nowrap align="left" width="3%"><B>Item&nbsp;2.02. </B></TD>
  <TD width="1%">&nbsp;</TD>
  <TD><B>Results of Operations and Financial Condition.</B></TD>
 </TR>
</TABLE>
<P style="font-size: 10pt" align="left">On February&nbsp;3, 2009, Pike Electric
Corporation (&#8220;Pike Electric&#8221;) issued a press release announcing its
financial results for its second fiscal quarter ended December&nbsp;31, 2008.
The press release is attached hereto as Exhibit&nbsp;99.1 and is incorporated
by reference herein.

<P style="font-size: 10pt" align="left">The information in Item&nbsp;2.02 of
this Form 8-K and Exhibit&nbsp;99.1 attached hereto shall not be deemed
&#8220;filed&#8221; for purposes of Section&nbsp;18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of such Section, nor deemed
incorporated by reference in any filing under the Securities Act of 1933,
except as shall be expressly set forth by specific reference in any such filing.

<P>
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border="0">

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style="font-size: 10pt; background: none transparent scroll repeat 0% 0%; color: #000000"
valign="top">
  <TD nowrap align="left" width="3%"><B>Item&nbsp;5.02.</B></TD>
  <TD width="1%">&nbsp;</TD>
  <TD><B>Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.</B></TD>
 </TR>

</TABLE>


<P style="font-size: 10pt" align="left">As previously reported, the Company
entered into annual cash incentive award agreements
(the&nbsp;&#8220;Agreements&#8221;) on September 29, 2008, with each of J. Eric
Pike, Anthony K. Slater, Audie G. Simmons, James R. Fox and Jimmy Hicks
(collectively, the &#8220;Executives&#8221;). On February&nbsp;2, 2009, the
Executives voluntarily forfeited any award to which they may have been entitled
under the Agreements and agreed with the Company to terminate the Agreements,
all pursuant to the form of forfeiture agreement attached as Exhibit&nbsp;10.1.
A press release reporting the forfeiture of such awards is attached hereto as
Exhibit&nbsp;99.2 and is incorporated by reference herein.

<P style="font-size: 10pt" align="left"><B>Item&nbsp;9.01 Financial Statements
and Exhibits.</B>

<P style="font-size: 10pt" align="left">(d)&nbsp;<I>Exhibits</I>

<P style="font-size: 10pt" align="left">The following exhibits are filed in
accordance with the provisions of Item&nbsp;601 of Regulation&nbsp;S-K:
<DIV align="center">
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  <TD style="border-bottom: #000000 1px solid" nowrap
align="left"><B>Exhibit&nbsp;No.</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" nowrap align="center"><B>Exhibit
Description</B></TD>
 </TR>
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<TR valign="bottom">
  <TD>&nbsp;</TD>
</TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">10.1* </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Form of Forfeiture and Termination
Agreement</TD>
 </TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
</TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">99.1 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Press Release of Pike Electric Corporation
issued on February&nbsp;3, 2009, relating to Financial Results for its Second
Quarter ended December&nbsp;31, 2008.</TD>
 </TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
</TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">99.2 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Press Release of Pike Electric Corporation
issued on February&nbsp;3, 2009, relating to Forfeiture of Annual Incentive
Awards</TD>
 </TR>
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</TABLE>
</DIV>

<P style="font-size: 10pt" align="left"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
<BR>
* Management contract or compensatory plan or arrangement.

<P style="font-size: 10pt" align="center">&nbsp;

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">2
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<P style="font-size: 10pt" align="center"><B>Signature</B>

<P style="font-size: 10pt; text-indent: 3%" align="left">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 style="font-size: 10pt; margin-left: 45%" align="left"><B>PIKE ELECTRIC
CORPORATION</B>

<P style="font-size: 10pt" align="left">Date: February&nbsp;3, 2009

<P style="margin-top: -11pt; font-size: 10pt; margin-left: 45%"
align="left">By:<U> <B>/</B>s/ Anthony K.
Slater&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
<BR>
Name: Anthony K. Slater <BR>
Title: Chief Financial Officer

<P style="font-size: 10pt" align="center">&nbsp;

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">3
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<P style="font-size: 10pt" align="center">SECURITIES AND EXCHANGE
COMMISSION<BR>
Washington, DC

<P style="font-size: 10pt" align="center">EXHIBITS

<P style="font-size: 10pt" align="center">CURRENT REPORT<BR>
ON<BR>
FORM 8-K
<DIV align="center">
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border="0">
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  <TD width="54%">&nbsp;</TD>
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  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Date of Event Reported: </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Commission File No:</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">February&nbsp;3, 2009 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">1-32582</TD>
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<P style="font-size: 10pt" align="center">PIKE ELECTRIC CORPORATION

<P style="font-size: 10pt" align="center">EXHIBIT INDEX
<DIV align="center">
<TABLE style="font-size: 10pt" cellspacing="0" cellpadding="0" width="100%"
border="0">
<!-- Begin Table Head -->

 <TR valign="bottom">
  <TD width="8%">&nbsp;</TD>
  <TD width="5%">&nbsp;</TD>
  <TD width="87%">&nbsp;</TD>
 </TR>
 <TR style="font-size: 10pt" valign="bottom">
  <TD style="border-bottom: #000000 1px solid" nowrap
align="left"><B>Exhibit&nbsp;No.</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid" nowrap align="center"><B>Exhibit
Description</B></TD>
 </TR>
<!-- End Table Head -->
<!-- Begin Table Body -->
<TR valign="bottom">
  <TD>&nbsp;</TD>
</TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">10.1* </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Form of Forfeiture and Termination
Agreement</TD>
 </TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
</TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">99.1 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Press Release of Pike Electric Corporation
issued on February&nbsp;3, 2009, relating to Financial Results for its Second
Quarter ended December&nbsp;31, 2008.</TD>
 </TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
</TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">99.2 </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Press Release of Pike Electric Corporation
issued on February&nbsp;3, 2009, relating to Forfeiture of Annual Incentive
Awards</TD>
 </TR>
<!-- End Table Body -->

</TABLE>
</DIV>

<P style="font-size: 10pt" align="left"><U>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;</U>
<BR>
* Management contract or compensatory plan or arrangement.

<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">4
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{"company-data": {"conformed-name": "Pike Electric CORP", "cik": "0001317577", "assigned-sic": "1731", "irs-number": "203112047", "fiscal-year-end": "0630"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-32582", "film-number": "09565495"}, "business-address": {"street1": "100 PIKE WAY", "city": "MOUNT AIRY", "state": "NC", "zip": "27030", "phone": "(336) 789-2171"}, "mail-address": {"street1": "100 PIKE WAY", "city": "MOUNT AIRY", "state": "NC", "zip": "27030"}, "former-company": {"former-conformed-name": "Pike Holdings, Inc.", "date-changed": "20050214"}}
Filed by Bowne Pure Compliance
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): February 3, 2009
PIKE ELECTRIC
CORPORATION
(Exact name of registrant as
specified in its charter)
Delaware
1-32582
20-3112047
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
100 Pike Way
Mount Airy,
NC
27030
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number,
including area code:
(336) 789-2171
Not
Applicable
(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:
o
Written
communications pursuant to Rule 425 under the Securities Act (17 CFR
230.425)
o
Soliciting material pursuant
to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule
14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule
13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 2.02.
Results of Operations and Financial Condition.
On February 3, 2009, Pike Electric
Corporation ("Pike Electric") issued a press release announcing its
financial results for its second fiscal quarter ended December 31, 2008.
The press release is attached hereto as Exhibit 99.1 and is incorporated
by reference herein.
The information in Item 2.02 of
this Form 8-K and Exhibit 99.1 attached hereto shall not be deemed
"filed" for purposes of Section 18 of the Securities Exchange
Act of 1934 or otherwise subject to the liabilities of such Section, nor deemed
incorporated by reference in any filing under the Securities Act of 1933,
except as shall be expressly set forth by specific reference in any such filing.
Item 5.02.
Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
As previously reported, the Company
entered into annual cash incentive award agreements
(the "Agreements") on September 29, 2008, with each of J. Eric
Pike, Anthony K. Slater, Audie G. Simmons, James R. Fox and Jimmy Hicks
(collectively, the "Executives"). On February 2, 2009, the
Executives voluntarily forfeited any award to which they may have been entitled
under the Agreements and agreed with the Company to terminate the Agreements,
all pursuant to the form of forfeiture agreement attached as Exhibit 10.1.
A press release reporting the forfeiture of such awards is attached hereto as
Exhibit 99.2 and is incorporated by reference herein.
Item 9.01 Financial Statements
and Exhibits.
(d)
Exhibits
The following exhibits are filed in
accordance with the provisions of Item 601 of Regulation S-K:
Exhibit No.
Exhibit
Description
10.1*
Form of Forfeiture and Termination
Agreement
99.1
Press Release of Pike Electric Corporation
issued on February 3, 2009, relating to Financial Results for its Second
Quarter ended December 31, 2008.
99.2
Press Release of Pike Electric Corporation
issued on February 3, 2009, relating to Forfeiture of Annual Incentive
Awards
* Management contract or compensatory plan or arrangement.
Signature
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.
PIKE ELECTRIC
CORPORATION
Date: February 3, 2009
By:
/
s/ Anthony K.
Slater
Name: Anthony K. Slater
Title: Chief Financial Officer
SECURITIES AND EXCHANGE
COMMISSION
Washington, DC
EXHIBITS
CURRENT REPORT
ON
FORM 8-K
Date of Event Reported:
Commission File No:
February 3, 2009
1-32582
PIKE ELECTRIC CORPORATION
EXHIBIT INDEX
Exhibit No.
Exhibit
Description
10.1*
Form of Forfeiture and Termination
Agreement
99.1
Press Release of Pike Electric Corporation
issued on February 3, 2009, relating to Financial Results for its Second
Quarter ended December 31, 2008.
99.2
Press Release of Pike Electric Corporation
issued on February 3, 2009, relating to Forfeiture of Annual Incentive
Awards
* Management contract or compensatory plan or arrangement.