Attached files
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) January 25, 2012
WELLESLEY BANCORP, INC.
(Exact Name of Registrant as Specified in Its Charter)
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Maryland
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001-35352
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45-3219901
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer
Identification No.)
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40 Central Street, Wellesley, Massachusetts 02482
(Address of principal executive offices) (Zip Code)
(781) 235-2550
(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:
[ ] 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 or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On January 25, 2012, Wellesley Bancorp, Inc. (the “Company”) and its wholly owned subsidiary, Wellesley Bank (the “Bank”), entered into an amended and restated three-year employment agreement with Thomas J. Fontaine, the President and Chief Executive Officer of the Company and the Bank. Also on January 25, 2012, the board of directors of the Bank adopted the Wellesley Bank Supplemental Executive Retirement Plan and the Wellesley Bank Employee Severance Compensation Plan. The material terms of the above-stated agreement and plans were previously disclosed in the Company’s Registration Statement on Form S-1 (File No. 333-176764), as declared effective by the U.S. Securities and Exchange Commission on November 14, 2011.
Item 9.01 Financial Statements and Exhibits.
(d)Exhibits
Number Description
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10.1 Employment Agreement, dated January 25, 2012, by and among Wellesley Bancorp, Inc., Wellesley Bank and Thomas J. Fontaine
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10.2 Wellesley Bank Supplemental Executive Retirement Plan, dated January 25, 2012.
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10.3 Wellesley Bank Employee Severance Compensation Plan, dated January 25, 2012.
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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 thereunto duly authorized.
| WELLESLEY BANCORP, INC. | |||
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Date: January 25, 2012
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By:
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/s/ Thomas J. Fontaine | |
| Thomas J. Fontaine | |||
| President and Chief Executive Officer | |||