-----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, Sy1vhlLFU5KF/dIoSpjYhKQ2Of2fpKj5jrzHzXhNbJQasyR2ke1YuhYRh8lVek31 SVFiqvkpFkXnM3d0Q83jdw== 0000840264-09-000126.txt : 20091002 0000840264-09-000126.hdr.sgml : 20091002 20091002155431 ACCESSION NUMBER: 0000840264-09-000126 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20091002 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Regulation FD Disclosure FILED AS OF DATE: 20091002 DATE AS OF CHANGE: 20091002 FILER: COMPANY DATA: COMPANY CONFORMED NAME: CAPITOL BANCORP LTD CENTRAL INDEX KEY: 0000840264 STANDARD INDUSTRIAL CLASSIFICATION: NATIONAL COMMERCIAL BANKS [6021] IRS NUMBER: 382761672 STATE OF INCORPORATION: MI FISCAL YEAR END: 0812 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31708 FILM NUMBER: 091102388 BUSINESS ADDRESS: STREET 1: ONE BUSINESS & TRADE CNTR STREET 2: 200 WASHINGTON SQ N CITY: LANSING STATE: MI ZIP: 48933 BUSINESS PHONE: 5174876555 MAIL ADDRESS: STREET 1: ONE BUSINESS & TRADE CENTER STREET 2: 200 WASHINGTON SQUARE NORTH CITY: LANSING STATE: MI ZIP: 48933 8-K 1 form8k1002-09.htm FORM 8-K OCTOBER 2, 2009 form8k1002-09.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): October 2, 2009
 
CAPITOL BANCORP LTD.
(Exact Name of Registrant as Specified in its Charter)
____________________________
 
Michigan
(State or other jurisdiction of incorporation)
001-31708
(Commission File No.)
38-2761672
(IRS Employer Identification No.)

Capitol Bancorp Center
200 Washington Square North, Lansing, Michigan 48933
(Address of Principal Executive Offices)  (Zip Code)
 
(517) 487-6555
(Registrant’s Telephone Number, Including Area Code)
 
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 (see General Instruction A.2. below):

x
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))
 
 
 
 
 
Effective October 1, 2009, Joseph D. Reid elected to reduce his base salary compensation by twenty percent.  This follows a reduction of ten percent on January 1, 2009.
 
ITEM 7.01.  REGULATION FD DISCLOSURE.
 
As previously announced, on September 30, 2009, Capitol Bancorp Ltd. (“Capitol”) extended its pending offers to exchange any and all issued and outstanding shares of Capitol Development Bancorp Limited III, Capitol Development Bancorp Limited IV, Capitol Development Bancorp Limited V and Capitol Development Bancorp Limited VI for units, consisting of shares of Trust-Preferred Securities issued by Capitol Trust XII, a Delaware statutory trust, and shares of the Company’s Series A Noncumulative Convertible Perpetual Preferred Stock.  The exchange offer scheduled to expire at 11:59 p.m., Michigan time, on September 30, 2009, was extended until 11:59 p.m., Michigan time, on October 7, 2009 for Capitol Development Bancorp Limited IV, Capitol Development Bancorp Limited V and Capitol Development Bancorp Limited VI, and extended until 11:59 p.m., Michigan time, on October 14, 2009 for Capitol Development Bancorp Limited III.
 
As of the close of business on October 1, 2009, 11,290 shares of Capitol Development Bancorp Limited III had been tendered; 11,215 shares of Capitol Development Bancorp Limited IV had been tendered; 9,764 shares of Capitol Development Bancorp Limited V had been tendered; and 11,972 shares of Capitol Development Bancorp Limited VI had been tendered.
 

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:           October 2, 2009
CAPITOL BANCORP LTD.
(Registrant)
By:           /s/ Cristin K. Reid                               
Name: Cristin K. Reid                                          
Title: Corporate President                                   
   
 

 

 
 
 

-----END PRIVACY-ENHANCED MESSAGE-----