-----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, SJnNQzK7ZA94f5cSe5830kWVmSfjGe0egVENbFZR4dapAnsZmLjazTX5nz9XuIzs U9yIW0/2AJG98s0TSoo7zA== 0000950148-96-001481.txt : 19960726 0000950148-96-001481.hdr.sgml : 19960726 ACCESSION NUMBER: 0000950148-96-001481 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 3 CONFORMED PERIOD OF REPORT: 19960719 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 19960725 SROS: NASD FILER: COMPANY DATA: COMPANY CONFORMED NAME: CU BANCORP CENTRAL INDEX KEY: 0000356050 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 953657045 STATE OF INCORPORATION: CA FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-11008 FILM NUMBER: 96599066 BUSINESS ADDRESS: STREET 1: 16030 VENTURA BLVD CITY: ENCINO STATE: CA ZIP: 91436-4487 BUSINESS PHONE: 8189079122 MAIL ADDRESS: STREET 1: 16030 VENTURA BLVD CITY: ENCINO STATE: CA ZIP: 91436-4487 FORMER COMPANY: FORMER CONFORMED NAME: LINCOLN BANCORP DATE OF NAME CHANGE: 19900814 8-K 1 FROM 8-K FOR THE PERIOD 7/19/96 1 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: July 19, 1996 --------------------- CU BANCORP - ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) CALIFORNIA 0-11008 95-657004 - ---------------------------- --------------- -------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 16030 VENTURA BOULEVARD, ENCINO, CALIFORNIA 91436 - ------------------------------------------------------------------------------- (Address of principal executive office) Registrant's telephone number, including area code: (818) 907-9122 --------------------- 1 2 ITEM 5. OTHER EVENTS - ---------------------- On July 18, 1996, the Registrant held its Annual Shareholder Meeting for 1996. At that meeting, the following matters were approved by the shareholders: 1. The Agreement and Plan of Reorganization among CU Bancorp, California United Bank, Home Interstate Bancorp and Home Bank, providing for the merger of Home Interstate Bancorp with and into CU Bancorp and the merger of California United Bank with and into Home Bank (under the name California United Bank). The vote was:
- ---------------------------------------------------------------------------------------------------------- FOR (# of FOR (% of AGAINST (# AGAINST ABSTAIN (# ABSTAIN BROKER BROKER shares) outstanding of shares) (% of of shares) (% of NON VOTE NON VOTE shares) outstanding outstanding (# of (% of shares) shares) shares) outstanding shares) - ----------------------------------------------------------------------------------------------------------- 3,428,562 64.86% 14,927 0.28% 21,111 0.40% 1,247,609 23.60% - -----------------------------------------------------------------------------------------------------------
2. Amendment of the Bylaws to decrease the number of directors from a range of seven to thirteen, to a range of six to eleven. The vote was:
- ---------------------------------------------------------------------------------------------------------- FOR (# of FOR (% of AGAINST (# AGAINST ABSTAIN (# ABSTAIN BROKER BROKER shares) outstanding of shares) (% of of shares) (% of NON VOTE NON VOTE shares) outstanding outstanding (# of (% of shares) shares) shares) outstanding shares) - ----------------------------------------------------------------------------------------------------------- 4.574,458 86.54% 12,602 0.24% 29,120 0.55% 96,029 1.82% - -----------------------------------------------------------------------------------------------------------
3. The following persons were elected to serve as Directors of the Registrant: Kenneth L. Bernstein Stephen G. Carpenter Richard Close* Paul Glass Ronald Parker David I. Rainer There were six nominees for six seats and the nominees were elected by the affirmative vote of a majority of the outstanding shares of stock. *In order to facilitate the Merger approved by the Shareholders in Item 1, Mr. Close has agreed to resign from the Board of Directors of the Registrant and California United Bank, effective as of the effective time of the Merger. 2 3 In addition, the following matters were approved by the outstanding shares: 4. The CU Bancorp 1996 Employee Stock Option Plan providing for the reservation of 350,000 shares of CU Bancorp Common Stock for issuance pursuant to the plan. The vote was:
- ---------------------------------------------------------------------------------------------------------- FOR (# of FOR (% of AGAINST (# AGAINST ABSTAIN (# ABSTAIN BROKER BROKER shares) outstanding of shares) (% of of shares) (% of NON VOTE NON VOTE shares) outstanding outstanding (# of (% of shares) shares) shares) outstanding shares) - ----------------------------------------------------------------------------------------------------------- 3,611,677 63.60% 326,373 4.47% 74,245 1.40% 1,039,914 19.67% - -----------------------------------------------------------------------------------------------------------
5. The appointment of Arthur Andersen LLP as CU Bancorp's independent accountants for the fiscal year ending December 31, 1996. The vote was:
- ---------------------------------------------------------------------------------------------------------- FOR (# of FOR (% of AGAINST (# AGAINST ABSTAIN (# ABSTAIN BROKER BROKER shares) outstanding of shares) (% of of shares) (% of NON VOTE NON VOTE shares) outstanding outstanding (# of (% of shares) shares) shares) outstanding shares) - ----------------------------------------------------------------------------------------------------------- 4,638,313 87.75% 55,904 1.06% 17,992 0.34% N/A N/A - -----------------------------------------------------------------------------------------------------------
6. The amendment of the CU Bancorp Bylaws to be effective at the effective time of the Merger to provide for a minimum of seven and a maximum of thirteen directors. The vote was:
- ---------------------------------------------------------------------------------------------------------- FOR (# of FOR (% of AGAINST (# AGAINST ABSTAIN (# ABSTAIN BROKER BROKER shares) outstanding of shares) (% of of shares) (% of NON VOTE NON VOTE shares) outstanding outstanding (# of (% of shares) shares) shares) outstanding shares) - ----------------------------------------------------------------------------------------------------------- 3,507,636 66.36% 43,363 0.88% 53,111 1.00% 1,105,099 20.91% - -----------------------------------------------------------------------------------------------------------
3 4 7. The approval of the CU Bancorp Conversion Stock Option Plan. The vote was as follows:
- ---------------------------------------------------------------------------------------------------------- FOR (# of FOR (% of AGAINST (# AGAINST ABSTAIN (# ABSTAIN BROKER BROKER shares) outstanding of shares) (% of of shares) (% of NON VOTE NON VOTE shares) outstanding outstanding (# of (% of shares) shares) shares) outstanding shares) - ----------------------------------------------------------------------------------------------------------- 3,311,468 62.65% 222,621 4.21% 90,893 1.72% 1,026,793 19.43% - -----------------------------------------------------------------------------------------------------------
8. The amendment of the CU Bancorp 1996 Employee Stock Option Plan at the effective time of the merger to increase the shares available thereunder to 750,000. The vote was:
- ---------------------------------------------------------------------------------------------------------- FOR (# of FOR (% of AGAINST (# AGAINST ABSTAIN (# ABSTAIN BROKER BROKER shares) outstanding of shares) (% of of shares) (% of NON VOTE NON VOTE shares) outstanding outstanding (# of (% of shares) shares) shares) outstanding shares) - ----------------------------------------------------------------------------------------------------------- 3,377,216 63.89% 217,307 4.11% 90,893 1.72% 1,026,793 19.43% - -----------------------------------------------------------------------------------------------------------
9. To approve the CU Bancorp 1996 Restricted Stock Plan to replace the CU Bancorp 1995 Restricted Stock Plan, effective at the effective time of the Merger. The vote was:
- ---------------------------------------------------------------------------------------------------------- FOR (# of FOR (% of AGAINST (# AGAINST ABSTAIN (# ABSTAIN BROKER BROKER shares) outstanding of shares) (% of of shares) (% of NON VOTE NON VOTE shares) outstanding outstanding (# of (% of shares) shares) shares) outstanding shares) - ----------------------------------------------------------------------------------------------------------- 3,616,759 68.42% 94,121 1.78% 106,413 2.01% 894,916 16.93% - -----------------------------------------------------------------------------------------------------------
10. To amend the CU Bancorp 1994 Non-Employee Director Stock Option Plan.
- ---------------------------------------------------------------------------------------------------------- FOR (# of FOR (% of AGAINST (# AGAINST ABSTAIN (# ABSTAIN BROKER BROKER shares) outstanding of shares) (% of of shares) (% of NON VOTE NON VOTE shares) outstanding outstanding (# of (% of shares) shares) shares) outstanding shares) - ----------------------------------------------------------------------------------------------------------- 3,377,389 63.89% 124,404 2.35% 94,684 1.79% 1,115,732 21.11% - -----------------------------------------------------------------------------------------------------------
4 5 ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. - -------------------------------------------- 2.0 Agreement and Plan of Reorganization by and among CU Bancorp, California United Bank, National Association, Home Interstate Bancorp and Home Bank, dated January 10, 1996, as amended March 29, 1996, and Exhibits thereto filed as Appendix A and Exhibit 2.0 to the Registrant's Registration Statement on Form S-4 dated June 10, 1996, Registration Number 333-02777. 3(ii)1. Certificate of Amendment of CU Bancorp Bylaws. 3(ii)2. Certificate of Amendment of CU Bancorp Bylaws. 10.1 CU Bancorp 1994 Non-Employee Director Stock Option Plan, Amendment Number One thereto and Non-Employee Director Stock Option Agreement filed as Exhibit 10.1 to the Registrant's Annual Report on Form 10-K for the year ended December 31, 1995, Exhibit 10.6 and Exhibit 10.6 to the Registrant's Registration Statement on Form S-4 dated June 10, 1996, Registration Number 333-02777, respectively. 10.2 CU Bancorp's 1996 Employee Stock Option Plan, Incentive Stock Option Agreement, Non-Qualified Option Agreement, filed as Exhibit 10.7 to the Registrant's Registration Statement on Form S-4 dated June 10, 1996, Registration Number 333-02777. 10.3 CU Bancorp's 1996 Restricted Stock Plan, filed as Exhibit 10.7 to the Registrant's Registration Statement on Form S-4 dated June 10, 1996, Registration Number 333-02777. 10.4 CU Bancorp Conversion Stock Option Plan, filed as Exhibit 10.8 to the Registration Statement on Form S-4 dated June 10, 1996, Registration Number 333-02777. 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: July 23, 1996 CU BANCORP /s/ PATRICK HARTMAN ------------------------------- Patrick Hartman Chief Financial Officer 5 EX-3.(II).1 2 EXHIBIT 3(II)1 1 Exhibit 3(ii)1. CERTIFICATE OF AMENDMENT TO BYLAWS OF CU BANCORP A California Corporation ARTICLE III Directors Section 3.2. Number of Directors. The affairs of the corporation shall be managed by a board of directors consisting of not less than seven (7) nor more than thirteen (13) directors. I, Anita Y. Wolman, Certify that: I am the duly constituted Assistant Secretary of CU Bancorp, and as such officer am the official custodian of its records and that the foregoing Amendment to Article III Section 3.2. to the Bylaws of the Corporation is now lawfully in force and effect. IN TESTIMONY WHEREOF, I have hereunto affixed my official signature and the seal of said Corporation, in the City of Los Angeles, California, on the 22nd day of July 1996. /s/ Anita Y. Wolman ------------------------------------ Anita Y. Wolman, Assistant Secretary CU Bancorp EX-3.(II).2 3 EXHIBIT 3(II)2 1 Exhibit 3(ii)2. CERTIFICATE OF AMENDMENT OF BYLAWS OF CU BANCORP A California Corporation RESOLVED, that Article III, Section 3.2. to the Bylaws of CU Bancorp be amended to provide that the minimum number of directors be six and the maximum be eleven; FURTHER RESOLVED THAT, at the Effective Time of the Merger by and among CU Bancorp and California United Bank, N.A. with Home Interstate Bank and Home Bank, under the Agreement and Plan of Reorganization dated as of January 10, 1996 as amended on March 29, 1996, Article III, Section 3.2. of the Bylaws be amended to return to a board of no less than seven and no more than thirteen directors. I, Anita Y. Wolman, Assistant Secretary of CU Bancorp, do hereby certify the foregoing to be a full, true, and correct copy of a resolution duly adopted at the annual meeting of shareholders of said Corporation held on July 18, 1996. WITNESS my hand and the seal of said Corporation, this 22nd day of July 1996. /s/ Anita Y. Wolman ------------------------------------ Anita Y. Wolman, Assistant Secretary ------------------------------------ CU BANCORP -----END PRIVACY-ENHANCED MESSAGE-----