-----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, C6oGQD5C8uNLNgBWmEJ7kZv+bVNw3Ox46zOP1j1GeTBiCvG+qW4oobZ+titnkslC hkk5hWone/yx7X4UJFIHTA== 0001193125-08-143774.txt : 20080630 0001193125-08-143774.hdr.sgml : 20080630 20080630141611 ACCESSION NUMBER: 0001193125-08-143774 CONFORMED SUBMISSION TYPE: 8-A12B PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20080630 DATE AS OF CHANGE: 20080630 FILER: COMPANY DATA: COMPANY CONFORMED NAME: VALLEY NATIONAL BANCORP CENTRAL INDEX KEY: 0000714310 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 222477875 STATE OF INCORPORATION: NJ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-A12B SEC ACT: 1934 Act SEC FILE NUMBER: 001-11277 FILM NUMBER: 08925201 BUSINESS ADDRESS: STREET 1: 1455 VALLEY RD CITY: WAYNE STATE: NJ ZIP: 07470 BUSINESS PHONE: 9733053380 MAIL ADDRESS: STREET 1: 1455 VALLEY RD CITY: WAYNE STATE: NJ ZIP: 07470 8-A12B 1 d8a12b.htm FORM 8-A Form 8-A

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 8-A

 

 

FOR REGISTRATION OF CERTAIN CLASSES OF SECURITIES

PURSUANT TO SECTION 12(b) OR (g) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

 

Valley National Bancorp

(Exact name of registrant as specified in its charter)

 

 

 

New Jersey   22-2477875

(State of Incorporation

or Organization)

 

(IRS Employer

Identification No.)

1455 Valley Road, Wayne, New Jersey   07470
(Address of principal executive offices)   (Zip Code)

 

 

Securities to be registered pursuant to Section 12(b) of the Act:

 

Title of each class to be so registered

 

Name of each exchange on which

each class is to be registered

Warrants to purchase shares of common stock, no par value   The NASDAQ Stock Market LLC

 

If this form relates to the registration of a class of securities pursuant to Section 12(b) of the Exchange Act and is effective pursuant to General Instruction A.(c), check the following box.  x   If this form relates to the registration of a class of securities pursuant to section 12(g) of the Exchange Act and is effective pursuant to General Instruction A.(d), check the following box.  ¨

Securities Act registration statement file number to which this form relates (if applicable): 333-150373

Securities to be registered pursuant to Section 12(g) of the Act:

NONE

 

 

 


INFORMATION REQUIRED IN REGISTRATION STATEMENT

Item 1. Description of Registrant’s Securities to be Registered.

Valley National Bancorp, a New Jersey corporation (the “Registrant”), is registering warrants to purchase common stock, no par value, pursuant to Section 12(b) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), in connection with the listing of the warrants on the NASDAQ Capital Market on or about July 1, 2008.

On March 19, 2008, the Registrant and Greater Community Bancorp (“Greater Community”) entered into an Agreement and Plan of Merger pursuant to which Greater Community will be merged with the Registrant, with the Registrant as the surviving corporation. Shareholders of Greater Community have approved the merger.

Upon the July 1, 2008 consummation of the merger, for each share of Greater Community common stock they own, holders of Greater Community common stock will receive 0.9975 shares of common stock of the Registrant and 0.105 of a warrant to purchase one share of common stock of the Registrant. A total of up to 917,935 warrants will be issued in connection with the merger. The exercise price of the warrants is $19.01 per share. The warrants will be exercisable from July 1, 2010 to June 30, 2015, provided, however, that the warrants may be exercisable prior to July 1, 2010 in the event of an acquisition or proposed acquisition or liquidation involving the Registrant (as discussed in more detail below).

The Registrant has appointed American Stock Transfer & Trust Company, LLC (“ASTTC”) as warrant agent for purposes of issuing, transferring and exchanging the warrants issued in the merger pursuant to the terms of the merger agreement and a warrant agreement between the Registrant and ASTTC. To exercise a warrant, the warrant holder must present and surrender the Warrant Certificate to ASTTC, as warrant agent, at its corporate office, with the Subscription Form on the reverse side of such Certificate properly completed and executed, indicating the number of shares to be purchased, and accompanied by payment in full by certified or official bank check payable to the order of the Registrant for the total exercise price.

A holder of warrants as such is not entitled to vote, receive dividends or exercise any of the rights of holders of shares of common stock of the Registrant until such time as such warrants have been duly exercised and payment of the exercise price has been made.

The warrants are transferable by a holder upon surrender of the Warrant Certificate for transfer at the office of the warrant agent, accompanied by a duly executed Assignment Form and funds sufficient to pay any applicable transfer tax. Thereafter, the warrant agent will execute and deliver a new Warrant Certificate to the designated transferee or transferees.

The warrant agreement contains provisions that will adjust the number of shares purchasable upon exercise of the warrant proportionally to reflect any share dividend or other distribution, share division or combination, reclassification or reorganization which affects holders of record of common stock of the Registrant as of any date on or after the time the merger becomes effective. In the event of any consolidation with or merger of the Registrant into another corporation or sale or conveyance of substantially all of

 

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the Registrant’s assets (a “change in control transaction”), the warrant holder will have the right to receive, upon payment of the warrant price, upon the terms and conditions in the merger agreement and in the warrant agreement, and in lieu of shares of common stock of the Registrant purchasable upon the exercise of the warrant, such shares of stock, securities, cash or other assets which the warrant holder would have been entitled to receive after the happening of such change in control transaction had such warrant been exercised immediately prior to the consummation of the transaction. In the event the change in control transaction involves an exchange of consideration other than shares of common stock or other securities in exchange for common stock of the Registrant, the Registrant may fulfill its obligations to the warrant holder by permitting the warrant holder the opportunity to exercise his or her warrants before the consummation date of the change in control transaction, and thereby participate in the transaction as a holder of common stock of the Registrant. Any warrants not exercised before the consummation of the change in control transaction shall be cancelled and become null and void on the consummation date of the transaction.

The foregoing is merely a summary of the terms of the warrants. The full terms of the warrants are set forth in Exhibits 4.1 and 4.2 and are incorporated by reference herein.

Item 2. Exhibits.

 

Exhibit No.

  

Description

2    Agreement and Plan of Merger, dated as of March 19, 2008, among the Registrant and Greater Community Bancorp (incorporated herein by reference to the Registrant’s Current Report on Form 8-K filed on March 20, 2008).
3.1    Restated Certificate of Incorporation of the Registrant, as amended (incorporated herein by reference to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 and Current Report on Form 8-K filed on May 15, 2008).
3.2    By-laws of the Registrant, as amended (incorporated herein by reference to the Registrant’s Annual Report on Form 10-K for the year ended December 31, 2003).
4.1    Specimen certificate representing the Registrant’s warrants to purchase common stock, no par value.
4.2    Form of Warrant Agreement between Valley National Bancorp and American Stock Transfer & Trust Company, LLC (incorporated by reference to Appendix B to Amendment No. 1 to the Registrant’s Registration Statement on Form S-4 filed on May 20, 2008).

 

3


SIGNATURE

Pursuant to the requirements of Section 12 of the Securities Exchange Act of 1934, the Registrant has duly caused this registration statement to be signed on its behalf by the undersigned, thereto duly authorized.

Dated: June 30, 2008

 

VALLEY NATIONAL BANCORP
By:  

/s/ Alan D. Eskow

Name:   Alan D. Eskow
Title:   Executive Vice President and Chief Financial Officer

 

4


EXHIBIT INDEX

 

Exhibit No.

 

Description

2   Agreement and Plan of Merger, dated as of March 19, 2008, among the Registrant and Greater Community Bancorp (incorporated herein by reference to the Registrant’s Current Report on Form 8-K filed on March 20, 2008).
3.1   Restated Certificate of Incorporation of the Registrant, as amended (incorporated herein by reference to the Registrant’s Quarterly Report on Form 10-Q for the quarter ended September 30, 2007 and Current Report on Form 8-K filed on May 15, 2008).
3.2   By-laws of the Registrant, as amended (incorporated herein by reference to the Registrant’s Annual Report on Form 10-K for the year ended December 31, 2003).
4.1   Specimen certificate representing the Registrant’s warrants to purchase common stock, no par value.
4.2   Form of Warrant Agreement between Valley National Bancorp and American Stock Transfer & Trust Company, LLC (incorporated by reference to Appendix B to Amendment No. 1 to the Registrant’s Registration Statement on Form S-4 filed on May 20, 2008).

 

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EX-4.1 2 dex41.htm SPECIMEN CERTIFICATE REPRESENTING REGISTRANT'S WARRANTS TO PURCHASE COMMON STOCK Specimen certificate representing Registrant's warrants to purchase common stock

Exhibit 4.1

Warrant Certificate

Certificate Number

 

 

 

Initial Issuance   
Dated:                                                     Warrants

VOID AFTER JUNE 30, 2015

WARRANT CERTIFICATE FOR

PURCHASE OF COMMON STOCK

VALLEY NATIONAL BANCORP

This certifies that FOR VALUE RECEIVED

 

 

or his registered assigns (the “Holder”) is the registered owner of

 

 

Warrants (“Warrants”) issued by Valley National Bancorp, a New Jersey corporation and registered bank holding company (“Valley”). The Warrants are subject to the terms and conditions set forth in this certificate and the Warrant Agreement (as hereinafter defined). Each Warrant entitles the Holder to purchase one share of common stock, no par value (“Valley Common Stock”), of Valley, at any time from two years following the initial issuance date of the Warrants set forth above until the Expiration Date (as hereinafter defined), upon the presentation and surrender of this Warrant Certificate with the Subscription Form on the reverse side hereof duly executed, at the corporate office of the Warrant Agent (as hereinafter defined), accompanied by payment of $19.01 (the “Warrant Price”), by official bank or certified check made payable to Valley or its successor. As provided in Section 3.1 of the Warrant Agreement, the Warrant may also be exercisable in specified circumstances during the six month period commencing with the initial issuance date.

This Warrant Certificate and each Warrant represented hereby are issued pursuant to and are subject in all respects to the terms and conditions set forth in the Warrant Agreement (the “Warrant Agreement”), dated July 1, 2008 by and between Valley and American Stock Transfer & Trust Company, LLC (the “Warrant Agent”), a copy of which may be obtained from Valley at 1455 Valley Road, Wayne, New Jersey 07470 or the Warrant Agent at 6201 15th Avenue, Brooklyn, New York 11219, by a written request from the Holder hereof or which may be inspected by any Holder or his agent at the principal office of Valley or the Warrant Agent.

As provided in Section 4 of the Warrant Agreement, in certain circumstances: (i) the Warrant Price and the number of shares of Valley Common Stock the Holder is entitled to receive upon the exercise of any Warrants may be adjusted; (ii) the Warrants shall automatically represent the right to receive upon exercise consideration which is different from or in addition to the consideration specified on the face of this Certificate; and (iii) the Warrants, at the option of Valley under certain circumstances, may expire prior to the Expiration Date.


No fractional shares of Valley Common Stock will be issued upon exercise of the Warrant. In the case of the exercise of less than all the Warrants represented hereby, Valley shall cancel this Warrant Certificate upon the surrender hereof and shall execute and deliver a new Warrant Certificate or Warrant Certificates of like tenor, which the Warrant Agent shall countersign, for the balance of such Warrants.

The term “Expiration Date” shall mean 5:00 P.M. (New York time) on June 30, 2015. If such date is not a Business Day, as defined in the Warrant Agreement, the Expiration Date shall mean 5:00 P.M. (New York time) the next following Business Day. The Expiration Date may be accelerated by Valley under certain circumstances, as provided in the Warrant Agreement.

This Warrant shall not be exercisable by a Holder in any jurisdiction where such exercise would be unlawful.

This Warrant Certificate is exchangeable, upon the surrender hereof by the Holder at the corporate office of the Warrant Agent, for a new Warrant Certificate or Warrant Certificates of like tenor representing an equal aggregate number of Warrants. Upon due presentment of this Warrant Certificate for registration or transfer at such office, upon payment of any tax or governmental charge imposed in connection therewith, a new Warrant Certificate or Warrant Certificates representing an equal or aggregate number of Warrants will be issued to the transferee in exchange therefor.

Prior to the exercise of any Warrant represented hereby, the Holder shall not be entitled to any rights of a shareholder of Valley, including, without limitation, the right to vote or to receive dividends or other distributions, and shall not be entitled to receive any notice of any proceedings of Valley, except as provided in the Warrant Agreement.

Prior to due presentment for registration of transfer hereof, Valley and the Warrant Agent shall treat the Holder as the absolute owner hereof and of each Warrant represented hereby for all purposes and shall not be affected by any notice to the contrary.

This Warrant Certificate shall be governed by and construed in accordance with the laws of the State of New Jersey.

This Warrant Certificate is not valid unless countersigned by the Warrant Agent.


IN WITNESS WHEREOF, Valley has caused this Warrant Certificate to be duly executed, manually or in facsimile by two of its officers thereunto duly authorized.

 

VALLEY NATIONAL BANCORP
By:  

 

By:  

 

 

AMERICAN STOCK TRANSFER & TRUST COMPANY, LLC

 

As Warrant Agent
By:  

 

  Authorized Officer
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