8-K 1 form8k092915.htm FORM 8-K form8k092915.htm

 
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): September 23, 2015
 
___________
Hampton Roads Bankshares, Inc.
 
(Exact name of registrant as specified in its charter)
 
Virginia
(State or other jurisdiction
of incorporation)
001-32968
(Commission File Number)
54-2053718
(IRS Employer
Identification No.)
     
641 Lynnhaven Parkway
Virginia Beach, Virginia
(Address of principal executive offices)
 
23452
(Zip Code)

Registrant’s telephone number, including area code:  (757) 217-1000

Not Applicable
(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.  Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On September 23, 2015, Hampton Roads Bankshares, Inc. (the “Company”) amended the employment agreement, dated August 19, 2014, between the Company and Thomas B. Dix III (the “Employment Agreement”). The amendment to the Employment Agreement (the “Amendment”) extends the term of the Employment Agreement for a new two-year term beginning September 23, 2015.  On the second anniversary and each anniversary thereafter, the term will be extended for an additional year, unless the Company gives 90 days prior notice to the contrary.

The foregoing summary description of certain terms of the Employment Agreement and the Amendment does not purport to be complete and is subject to, and qualified in its entirety by, the full text of the Employment Agreement and the Amendment, copies of which are attached as Exhibit 10.2 to the Company’s current report on Form 8-K filed on August 22, 2014, and as Exhibit 10.1 to this report, respectively, and which are incorporated by reference into this Item 5.02.

Item 9.01.  Financial Statements and Exhibits.

(d) Exhibits

 
Exhibit No.
Description
  
       
 
10.1
Amendment No. 1 to Employment Agreement of Thomas B. Dix, III
  
       


 
 
 

 


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.

 
Hampton Roads Bankshares, Inc.
       
Date: September 29, 2015
By:
  /s/ Paul A. Driscoll
  
   
Paul A. Driscoll
  
   
Senior Vice President, Secretary and General Counsel
  
       


 
 
 
 
 
EXHIBIT INDEX

 
Exhibit No.
Description
  
       
 
10.1
Amendment No. 1 to Employment Agreement of Thomas B. Dix, III