UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
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FORM 8-K
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CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report January 3, 2013
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MVB FINANCIAL CORP.
(Exact name of registrant as specified in its charter)
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WV | 000-50567 | 20-0034461 |
(State or Other Jurisdiction | (Commission | (I.R.S. Employer |
of Incorporation) | File Number) | Identification No.) |
301 Virginia Avenue, Fairmont, WV
26554-2777
(Address of Principal Executive Offices) (Zip Code)
304-363-4800
(Registrant’s telephone number, including area code)
N/A
(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:
¨ | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
¨ | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
¨ | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
¨ | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 5.02 | Departure of Directors; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
MVB Financial Corp (the “Company”) approved the grant of stock options under the MVB Financial Corp 2003 Incentive Stock Plan to the following executive officers in the indicated amounts:
Options Granted 12-31-12 |
Options Granted 01-01-13 |
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Roger J. Turner | 7,500 | 7,500 | ||
John T. Schirripa | 7,500 | 7,500 | ||
Donald T. Robinson | 7,500 | 7,500 | ||
David Jones | 5,000 | 5,000 | ||
Eric L. Tichenor | 5,000 | 5,000 | ||
Larry F. Mazza | 25,000 | 25,000 |
The options will be exercisable at the fair market value of the Company’s common stock on the date of the grant ($24.00 per share) and will vest over a five year period in equal amounts each year, beginning 12-31-13 and 01-01-14, respectively.
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.
MVB Financial Corp | ||
By | /s/ Eric L. Tichenor | |
Eric L. Tichenor Senior VP, Chief Financial Officer |
Date: January 3, 2013