-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, L32HI8uL9AYQrgfE/ZMSOqjx9dKBbwIMWcgf/DHU94EZg9gPANzmH/+K28vhsWTR 3Ffru7c+UIurPCdbG28ovQ== 0001193125-08-124248.txt : 20080529 0001193125-08-124248.hdr.sgml : 20080529 20080529110859 ACCESSION NUMBER: 0001193125-08-124248 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20080522 ITEM INFORMATION: Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers FILED AS OF DATE: 20080529 DATE AS OF CHANGE: 20080529 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ECB BANCORP INC CENTRAL INDEX KEY: 0001066254 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 562090738 STATE OF INCORPORATION: NC FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-24753 FILM NUMBER: 08865196 BUSINESS ADDRESS: STREET 1: P O BOX 337 STREET 2: HWY 264 CITY: ENGELHARD STATE: NC ZIP: 27824 BUSINESS PHONE: 2529259411 8-K 1 d8k.htm FORM 8-K Form 8-K

 

 

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 22, 2008

 

 

ECB BANCORP, INC.

(Exact name of registrant as specified in its charter)

 

 

 

North Carolina   000-24753   56-2090738

(State or other jurisdiction

of incorporation)

   (Commission File Number)  

(IRS Employer

Identification No.)

 

Post Office Box 337

Engelhard, North Carolina

   27824
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (252) 925-9411

 

 

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:

 

¨ 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 Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements with Certain officers.

On May 22, 2008, our Compensation Committee approved the grant of awards under our 2008 Omnibus Equity Plan to our named executive officers as described in the following table:

 

Name and Title

   

Type

of Award

    Number
of
Shares		    Option
Exercise
Price		   

Other Terms

Arthur H. Keeney III
Chief Executive Officer

    Restricted stock award    2,500      N/A    Vests on 03/31/09

J. Dorson White, Jr.
Executive Vice President and Chief Operating Officer

    Incentive stock option    3,000    $ 24.50    Exercisable as to 1/3 of the shares each May 22, beginning 05/22/11

T. Olin Davis
Senior Vice President and Chief Credit Officer

    Incentive stock option    2,500    $ 24.50    Exercisable as to 1/3 of the shares each May 22, beginning 05/22/11

Gary M. Adams
Chief Financial Officer

    Incentive stock option    600    $ 24.50    Exercisable as to 1/3 of the shares each May 22, beginning 05/22/11

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, we have duly caused this Report to be signed on our behalf by the undersigned thereunto duly authorized.

 

 

 

  ECB BANCORP, INC.
            (Registrant)
Date: May 29, 2008   By:  

/s/ Arthur H. Keeney III

    Arthur H. Keeney III
    Chief Executive Officer
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