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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 16, 2009</B>

<P style="font-size: 24pt" align="center"><B>P.F. Chang&#8217;s China Bistro,
Inc.<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>0-25123</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>86-0815086</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">

 <TR>
  <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>7676 E. Pinnacle Peak Road,
Scottsdale, Arizona<BR>
</B></TD>
  <TD>&nbsp;</TD>
  <TD style="border-bottom: #000000 1px solid"><B>85255</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>(480) 888-3000</B>
<TABLE style="font-size: 10pt; text-align: center" cellspacing="0"
cellpadding="0" width="30%" border="0">

 <TR>
  <TD width="100%">&nbsp;</TD>
 </TR>
 <TR>
  <TD style="border-bottom: #000000 1px solid" nowrap><B>&nbsp;</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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<P style="font-size: 10pt" align="justify"><B>Item&nbsp;5.</B><B>02(e)</B><B>
Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.</B>

<P style="font-size: 10pt" align="justify"><B><I>Performance Unit Awards</I></B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">On
February&nbsp;16, 2009, the Compensation Committee of the Board of Directors of
P.F. Chang&#8217;s China Bistro, Inc. (the &#8220;Company&#8221;) approved the
award of 600,000 performance units to each of the Company&#8217;s Co-Chief
Executive Officers, Richard L. Federico and Robert T. Vivian, pursuant to the
Company&#8217;s 2006 Equity Incentive Plan. Each award will vest on
January&nbsp;1, 2012, at which time the value of such awards, if any, will
be determined and paid in cash.

<P style="font-size: 10pt; text-indent: 4%" align="justify">The cash value of
the performance units will be equal to the amount, if any, by which the
Company&#8217;s final average stock price, as defined, exceeds the strike
price. The strike price will be adjusted, either up or down, based on the
percentage change in the Russell 2000 Index during the performance
period, as defined, which approximates three years.
The total value of the performance units is subject to a maximum value of
$12.50 per unit. In the event of an executive&#8217;s involuntary
separation without cause or due to a change in control (as both terms
are defined in the executive employment agreements) prior to the end of the performance period,
the performance period will end and the maximum value per unit may be
calculated at a reduced amount. Additionally, if the Company&#8217;s
final average stock
price declines compared to the strike price, the total value of the
performance units, if any, will be reduced by 50&nbsp;percent.

<P style="font-size: 10pt" align="justify"><B><I>Amended Executive Employment
Agreements</I></B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">On
February&nbsp;18, 2009, the Company executed amendments to the executive
employment agreements for Richard L. Federico and Robert T. Vivian, the
Company&#8217;s Co-Chief Executive Officers. Each employment agreement was
revised to (i)&nbsp;extend the remaining contractual service term through
January&nbsp;1, 2012, (ii)&nbsp;reflect the current executive positions of
Mr.&nbsp;Federico and Mr.&nbsp;Vivian within the Company, and
(iii)&nbsp;require that any future amendments or modifications to the
employment agreements be signed by the Chairman of the Compensation Committee.
No other modifications were made to the agreements.

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

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

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  <TD valign="top" align="left">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Exhibit&nbsp;No. </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Description</TD>
 </TR>
 <TR style="font-size: 1px">
  <TD style="border-top: #000000 1px solid" valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
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align="left">&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">First Amendment to Amended and Restated
Executive Employment Agreement, dated February&nbsp;18, 2009, between P.F.
Chang&#8217;s China Bistro, Inc. and Richard L. Federico</TD>
 </TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <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">First Amendment to Amended and Restated
Executive Employment Agreement, dated February&nbsp;18, 2009, between P.F.
Chang&#8217;s China Bistro, Inc. and Robert T. Vivian</TD>
 </TR>
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<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"><B>SIGNATURES</B>

<P style="font-size: 10pt; text-indent: 4%" align="justify">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.
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<DIV style="margin-left: 0px; text-indent: 0px">Date: February&nbsp;20, 2009
</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">P.F. Chang&#8217;s China Bistro, Inc.</TD>
 </TR>

<TR><TD>&nbsp;</TD></TR>

 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">/s/ Mark D. Mumford</TD>
 </TR>
 <TR style="font-size: 1px">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD style="border-top: #000000 1px solid" valign="top"
align="left">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Mark D. Mumford<BR>
Chief Financial Officer</TD>
 </TR>
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<P style="font-size: 10pt" align="center">&nbsp;

<P style="display: none; font-size: 10pt" align="center">4
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<DIV style="margin-left: 0.25in; width: 7.2in; font-family: 'Times New Roman',Times,serif">

<P style="font-size: 10pt" align="center"><B>EXHIBIT INDEX</B>


<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>
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  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">&nbsp;</TD>
 </TR>
 <TR valign="bottom">
  <TD valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">Exhibit&nbsp;No. </DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD valign="top" align="left">Description</TD>
 </TR>
 <TR style="font-size: 1px">
  <TD style="border-top: #000000 1px solid" valign="top">
<DIV style="margin-left: 0px; text-indent: 0px">&nbsp;</DIV>
</TD>
  <TD>&nbsp;</TD>
  <TD style="border-top: #000000 1px solid" valign="top"
align="left">&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">First Amendment to Amended and Restated
Executive Employment Agreement, dated February&nbsp;18, 2009, between P.F.
Chang&#8217;s China Bistro, Inc. and Richard L. Federico</TD>
 </TR>
<TR valign="bottom">
  <TD>&nbsp;</TD>
  <TD>&nbsp;</TD>
  <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">First Amendment to Amended and Restated
Executive Employment Agreement, dated February&nbsp;18, 2009, between P.F.
Chang&#8217;s China Bistro, Inc. and Robert T. Vivian</TD>
 </TR>
<!-- End Table Body -->

</TABLE>
</DIV>


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

<P style="display: none; font-size: 10pt" align="center">4
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</HTML>
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{"company-data": {"conformed-name": "P F CHANGS CHINA BISTRO INC", "cik": "0001039889", "assigned-sic": "5812", "irs-number": "860815086", "fiscal-year-end": "0101"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "000-25123", "film-number": "09626145"}, "business-address": {"street1": "7676 E. PINNACLE PEAK RD.", "city": "SCOTTSDALE", "state": "AZ", "zip": "85255", "phone": "480-888-3000"}, "mail-address": {"street1": "7676 E. PINNACLE PEAK RD.", "city": "SCOTTSDALE", "state": "AZ", "zip": "85255"}}
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 16, 2009
P.F. Chang's China Bistro,
Inc.
(Exact name of registrant as
specified in its charter)
Delaware
0-25123
86-0815086
(State or other Jurisdiction of Incorporation)
(Commission File Number)
(IRS Employer Identification No.)
7676 E. Pinnacle Peak Road,
Scottsdale, Arizona
85255
(Address of Principal Executive Offices)
(Zip Code)
Registrant's telephone number,
including area code:
(480) 888-3000
(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 5.
02(e)
Departure of Directors or Certain Officers; Election of Directors; Appointment
of Certain Officers; Compensatory Arrangements of Certain Officers.
Performance Unit Awards
On
February 16, 2009, the Compensation Committee of the Board of Directors of
P.F. Chang's China Bistro, Inc. (the "Company") approved the
award of 600,000 performance units to each of the Company's Co-Chief
Executive Officers, Richard L. Federico and Robert T. Vivian, pursuant to the
Company's 2006 Equity Incentive Plan. Each award will vest on
January 1, 2012, at which time the value of such awards, if any, will
be determined and paid in cash.
The cash value of
the performance units will be equal to the amount, if any, by which the
Company's final average stock price, as defined, exceeds the strike
price. The strike price will be adjusted, either up or down, based on the
percentage change in the Russell 2000 Index during the performance
period, as defined, which approximates three years.
The total value of the performance units is subject to a maximum value of
$12.50 per unit. In the event of an executive's involuntary
separation without cause or due to a change in control (as both terms
are defined in the executive employment agreements) prior to the end of the performance period,
the performance period will end and the maximum value per unit may be
calculated at a reduced amount. Additionally, if the Company's
final average stock
price declines compared to the strike price, the total value of the
performance units, if any, will be reduced by 50 percent.
Amended Executive Employment
Agreements
On
February 18, 2009, the Company executed amendments to the executive
employment agreements for Richard L. Federico and Robert T. Vivian, the
Company's Co-Chief Executive Officers. Each employment agreement was
revised to (i) extend the remaining contractual service term through
January 1, 2012, (ii) reflect the current executive positions of
Mr. Federico and Mr. Vivian within the Company, and
(iii) require that any future amendments or modifications to the
employment agreements be signed by the Chairman of the Compensation Committee.
No other modifications were made to the agreements.
Item 9.01. Financial
Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
99.1
First Amendment to Amended and Restated
Executive Employment Agreement, dated February 18, 2009, between P.F.
Chang's China Bistro, Inc. and Richard L. Federico
99.2
First Amendment to Amended and Restated
Executive Employment Agreement, dated February 18, 2009, between P.F.
Chang's China Bistro, Inc. and Robert T. Vivian
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: February 20, 2009
P.F. Chang's China Bistro, Inc.
/s/ Mark D. Mumford
Mark D. Mumford
Chief Financial Officer
EXHIBIT INDEX
Exhibit No.
Description
99.1
First Amendment to Amended and Restated
Executive Employment Agreement, dated February 18, 2009, between P.F.
Chang's China Bistro, Inc. and Richard L. Federico
99.2
First Amendment to Amended and Restated
Executive Employment Agreement, dated February 18, 2009, between P.F.
Chang's China Bistro, Inc. and Robert T. Vivian