-----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, TIlACLZVNDfSQb8NKrlS017AKiLGjFnX5cHfJFH2DNU26GgFhRhL46KForMlrHq8 RnSvNBm2vfTG/aXAGMDYqg== 0001104659-06-053249.txt : 20060809 0001104659-06-053249.hdr.sgml : 20060809 20060809171258 ACCESSION NUMBER: 0001104659-06-053249 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20060803 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20060809 DATE AS OF CHANGE: 20060809 FILER: COMPANY DATA: COMPANY CONFORMED NAME: FIRSTCITY FINANCIAL CORP CENTRAL INDEX KEY: 0000828678 STANDARD INDUSTRIAL CLASSIFICATION: SHORT-TERM BUSINESS CREDIT INSTITUTIONS [6153] IRS NUMBER: 760243729 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 033-19694 FILM NUMBER: 061018608 BUSINESS ADDRESS: STREET 1: 6400 IMPERIAL DRIVE CITY: WACO STATE: TX ZIP: 76712 BUSINESS PHONE: 2547511750 MAIL ADDRESS: STREET 1: 6400 IMPERIAL DRIVE CITY: WACO STATE: TX ZIP: 76712 FORMER COMPANY: FORMER CONFORMED NAME: FIRST CITY BANCORPORATION OF TEXAS INC/ DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: FIRST CITY ACQUISITION CORP DATE OF NAME CHANGE: 19880523 8-K 1 a06-17581_18k.htm CURRENT REPORT OF MATERIAL EVENTS OR CORPORATE CHANGES

 

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): August 3, 2006

 

FIRSTCITY FINANCIAL CORPORATION

(Exact name of registrant as specified in its charter)

 

Delaware

 

033-19694

 

76-0243729

(State of incorporation)

 

(Commission File No.)

 

(IRS Employer Identification No.)

 

6400 Imperial Drive

Waco, Texas 76712

(Address of principal executive offices) (Zip Code)

 

Registrant’s telephone number, including area code:  (254) 761-2800

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations 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))

 

 



Section 1 - Registrant’s Business and Operations

Item 1.01 Entry into a Material Definitive Agreement.

On August 3, 2006, the Compensation Committee of the Registrant granted nonqualified stock options to certain of the non-employee directors of the Registrant under the FirstCity Financial Corporation 2004 Stock Option and Award Plan (the “Plan”).  Each option granted under the Plan is required to be set forth in writing pursuant to the form of option agreement required by the Plan.

The options received by the non-employee directors listed below have a grant date of August 3, 2006 (the “Grant Date”), will terminate upon the expiration of ten years from the Grant Date, the date that the Compensation Committee awarded the grant of the options, and have an exercise price of $9.84, the closing price on the Grant Date. Twenty-five percent of the options are vested in full upon the Grant Date, with the remaining options vesting in equal parts over three quarters beginning on the Grant Date.

Each of the following non-executive directors was granted an option to purchase 5,000 shares of the Registrant’s common stock: Richard E. Bean, Dane Fulmer, Robert E. Garrison II, D. Michael Hunter, F. Clayton Miller and C. Ivan Wilson.  Additionally, an option to purchase 5,000 shares of the Registrant’s common stock was issued to Cargill Financial Services, Inc. for their representation on the Company’s Board of Directors through Jeffrey Leu.

Section 9 - Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

10.1

 

FirstCity Financial Corporation 2004 Stock Option and Award Plan (incorporated herein by reference to Exhibit 10.2 of the Company’s Form 8-K dated May 18, 2005).

 

 

 

10.2

 

Form of Option Award Agreement for Non-Employee Directors under the FirstCity Financial Corporation 2004 Stock Option and Award (incorporated herein by reference to Exhibit 10.2 of the Company’s Form 8-K dated May 18, 2005).

 



 

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.

FIRSTCITY FINANCIAL CORPORATION

 

 

Date: August 8, 2006

By:

/s/ J. Bryan Baker

 

 

J. Bryan Baker

 

 

Senior Vice President and Chief Financial Officer

 



 

EXHIBIT INDEX

10.1

 

FirstCity Financial Corporation 2004 Stock Option and Award Plan (incorporated herein by reference to Exhibit 10.2 of the Company’s Form 8-K dated May 18, 2005).

 

 

 

10.2

 

Form of Option Award Agreement for Non-Employee Directors under the FirstCity Financial Corporation 2004 Stock Option and Award (incorporated herein by reference to Exhibit 10.2 of the Company’s Form 8-K dated May 18, 2005).

 


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