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):        May 21, 2010


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


DELAWARE
000-21825
65-0707824
State or other jurisdiction
of incorporation)
(Commission
File Number)
(I.R.S. Employer
Identification Number)


200 W. Cypress Creek Rd., Suite 400
Fort Lauderdale, Florida
33309
(Address of principal executive offices)
  
(Zip Code)


Registrant’s telephone number, including area code:        (954) 308-4200
 
 
(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 Principal Officers; Election of Directors; Appointment of Principal Officers

(e) On May 21, 2010, the Compensation Committee (the “Committee”) of the Board of Directors of SMF Energy Corporation (the “Company”) approved an increase in the base salary of the Company’s principal financial officer, Michael S. Shore, Senior Vice President, Chief Financial Officer and Treasurer, from $210,000 to $238,000.  The Committee’s decision to increase Mr. Shore’s salary was based on a number of factors, including but not limited to Mr. Shore’s performance and critical role in the Company’s operations, his recent assumption of new duties and responsibilities for the Company, and competitive conditions for compensation of persons with similar experience, talent, skills and responsibilities in the south Florida market.
 
 
 
 
 
 
 
 
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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.
 
 
Date: May 27, 2009
 SMF ENERGY CORPORATION
     
     
By:
/s/ Richard E. Gathright                                 
   
Richard E. Gathright, Chief Executive
   
Officer and President


 

 
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