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EX-10.1 - PACIFIC CAPITAL BANCORP 2012 ANNUAL INCENTIVE PLAN, AS AMENDED - PACIFIC CAPITAL BANCORP /CA/d318395dex101.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): March 13, 2012

 

 

PACIFIC CAPITAL BANCORP

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   001-35026   95-3673456

(State or other jurisdiction

of incorporation or organization)

 

(Commission

File Number)

  (IRS Employer
Identification No.)

 

1021 Anacapa Street, 3rd Floor

Santa Barbara, California

  93101
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (805) 564-6405

 

 

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 March 13, 2012, the Compensation Oversight Committee of the Board of Directors of Pacific Capital Bancorp amended the 2012 Annual Incentive Plan (the “Plan”) to eliminate a provision that would provide each Plan participant with the right to make an irrevocable election to receive an incentive award in deferred stock.

The Plan, as amended, is filed as Exhibit 10.1 to this Current Report on Form 8-K and incorporated herein by reference.

 

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

 

Exhibit No.

  

Description

10.1    Pacific Capital Bancorp 2012 Annual Incentive Plan, as amended.


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.

 

   

PACIFIC CAPITAL BANCORP

   

(Registrant)

March 19, 2012

    By:  

/s/ Mark K. Olson

      Mark K. Olson
      Executive Vice President and Chief Financial Officer


INDEX TO EXHIBITS

 

Exhibit No.

  

Description

10.1    Pacific Capital Bancorp 2012 Annual Incentive Plan, as amended.