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): January 10, 2008 HARRIS & HARRIS GROUP, INC. --------------------------------------------------------------------- (Exact Name of Registrant as Specified in its Charter) New York 0-11576 13-3119827 ---------------------------------------------------------------------- (State or Other (Commission (IRS Employer Jurisdiction of File Number) Identification No.) Incorporation) 111 West 57th Street New York, New York 10019 ---------------------------------------------------------------------- (Address of Principal Executive Offices and Zip Code) Registrant's telephone number, including area code: (212) 582-0900 -------------- Item 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On January 10, 2008, the Company's Compensation Committee awarded Michael A. Janse, a Managing Director and an Executive Vice President, $30,000 as part of his 2007 moving expense, to compensate him for loss on the sale of his home in Chicago. Mr. Janse joined the Company on April 23, 2007, which required that he relocate to Palo Alto from Chicago. 2 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: January 10, 2008 HARRIS & HARRIS GROUP, INC. By: /s/ Charles E. Harris --------------------- Charles E. Harris Chief Executive Officer 3