-----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, QO/bXeSCa+J2L2wiHaRELLjVUk0UDkjdZRYskxZe+NJyt3EEIRp/e2RRFqHi+hdN Zb28FMiFYsIUsiroxxAK1Q== 0000950123-10-058832.txt : 20100617 0000950123-10-058832.hdr.sgml : 20100617 20100617120522 ACCESSION NUMBER: 0000950123-10-058832 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100525 ITEM INFORMATION: Other Events FILED AS OF DATE: 20100617 DATE AS OF CHANGE: 20100617 FILER: COMPANY DATA: COMPANY CONFORMED NAME: LNB BANCORP INC CENTRAL INDEX KEY: 0000737210 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 341406303 STATE OF INCORPORATION: OH FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-13203 FILM NUMBER: 10902485 BUSINESS ADDRESS: STREET 1: 457 BROADWAY CITY: LORAIN STATE: OH ZIP: 44052-1769 BUSINESS PHONE: 800-860-1007 8-K 1 l40012e8vk.htm FORM 8-K e8vk
 
 
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) May 25, 2010
LNB BANCORP, INC.
 
(Exact name of registrant as specified in its charter)
         
Ohio   0-13203   34-1406303
         
(State or other jurisdiction
of incorporation) 		  (Commission
File Number) 		  (IRS Employer
Identification No.)
     
457 Broadway, Lorain, Ohio   44052-1769
     
(Address of principal executive offices)   (Zip Code)
Registrant’s telephone number, including area code: (440) 244-6000
 
(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 (see General Instruction A.2. below):
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 8.01   Other Events.
     On May 25, 2010, certain directors of LNB Bancorp, Inc. (the “Company”), including Robert M. Campana, Lee C. Howley, Jeffrey F. Riddell, Daniel G. Merkel and John W. Schaeffer, each adopted a stock trading plan intended to comply with Rule 10b5-1 under the Securities and Exchange Act of 1934, as amended (“Rule 10b5-1”). Under Rule 10b5-1, directors, officers and other employees of the Company who are not in possession of material non-public information regarding the Company at the time of adoption, may adopt a pre-arranged plan or contract for the purchase or sale of Company securities under specified conditions and at specified times.
     The Rule 10b5-1 plans established by each of the directors named above provide that a specified portion of each such director’s cash retainer fee paid by the Company will be periodically used to purchase Company common shares on the open market at prevailing market prices at such times and in such amounts as are specified in the applicable plan. Each of the plans is scheduled to expire in May 2011 unless earlier terminated in accordance with the terms of the plan.
     Transactions under each Rule 10b5-1 plan will be reported by each applicable director to the Securities and Exchange Commission in accordance with applicable securities laws, rules and regulations. The Company does not undertake to report Rule 10b5-1 plans that may be adopted by any directors, officers or employees of the Company in the future, or to report any modifications or termination of any publicly announced trading plan, except to the extent required by law.

 

 

SIGNATURE
     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.
         
  LNB BANCORP, INC.
(Registrant)
 		  
Date: June 17, 2010  By:   /s/ Gary J. Elek    
    Gary J. Elek   
    Chief Financial Officer   
 

 

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