add_action( 'save_post', 'run_when_post_saved');
function run_when_post_saved($post_id)
{
    $post = get_post($post_id);
    if($post->post_type=="my-custom-post" && $post->post_status == "publish") {
       //ADD event
        $eventSettings = array(
            'post_title'        => 'Event test for '.$post->post_title,
            'post_name'         => 'vent test for '.$post->post_title,
            'post_status'       => 'publish',
            'post_content'      => '',
            "post_type"         => "tribe_events",
            "original_post_status"  =>"publish",
            "post_status"           =>"publish",
            "hidden_post_visibility"=>"public",
            "visibility"            =>"public",
            "EventAllDay"           =>"yes",
            "EventStartDate"        =>"2012-01-01",
            "EventStartHour"        =>"12",
            "EventStartMinute"      =>"00",
            "EventStartMeridian"    =>"am",
            "EventEndDate"          =>"2012-01-03",
            "EventEndHour"          =>"11",
            "EventEndMinute"        =>"00",
            "EventEndMeridian"      =>"pm",
            "is_recurring"          =>"yes",
            "recurrence[type]"      =>"Every+Month",
            "recurrence[end-type]"  =>"On",
            "recurrence[end]"       =>"2014-06-29",
            "recurrence[end-count]" =>"1",
            "recurrence[custom-type]"       =>"Daily",
            "recurrence[custom-interval]"   =>"",
            "recurrence[custom-type-text]"  =>"",
            "recurrence[occurrence-count-text]" =>"month",
            "recurrence[custom-month-number]"   =>"First",
            "recurrence[custom-month-day]"      =>"1",
            "recurrence[custom-year-month-number]"  =>"1",
            "recurrence[custom-year-month-day]"     =>"1",
            "recurrence[recurrence-description]"    =>"",
            "EventCost"=>"",
            "excerpt"=>""
        );
        $event_id = TribeEventsAPI::createEvent($eventSettings);
    }
}