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):  December 15, 2011
___________

VALLEY FINANCIAL CORPORATION
(Exact name of registrant as specified in its charter)

Virginia
(State or other jurisdiction
of incorporation)
 
000-28342
(Commission
File Number)
54-1702380
(I.R.S. Employer
Identification No.)
 
36 Church Avenue, S.W.
Roanoke, Virginia
(Address of principal executive offices)
 
 
24011
(Zip Code)
 
Registrant’s telephone number, including area code:  (540) 342-2265

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:

      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 5.02.
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.

On December 15, 2011, Geoffrey M. Ottaway, a director of Valley Financial Corporation (the “Company”) notified the Company’s Board of Directors that due to an expected increase in his professional time and travel requirements, he will not stand for re-election to the Board at the Company’s 2012 Annual Meeting of shareholders.

 
 

 



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.

 
VALLEY FINANCIAL CORPORATION
   
(Registrant)
       
       
Date: December 19, 2011
By:
/s/ Kimberly B. Snyder
 
   
Kimberly B. Snyder
 
   
Executive Vice President and
 
   
   Chief Financial Officer