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): May 21, 2012
PACIFIC CONTINENTAL CORPORATION
(Exact name of registrant as specified in its charter)
Oregon
(State or other jurisdiction of incorporation)
| 0001084717 | 93-1269184 | |
| (Commission File Number) |
IRS Employer Identification No. |
111 West 7th Avenue
Eugene, Oregon 97401
(Address of principal executive offices) (zip code)
Registrant’s telephone number, including area code: (541) 686-8685
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):
| ¨ | 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 8.01. Other Events
Casey Hogan, who serves as Executive Vice President and Chief Credit Officer of Pacific Continental Bank, the subsidiary of Pacific Continental Corporation (the “Company”), advised the Company that on May 21, 2012, a counterparty broker accepted the terms of a stock trading plan with an effective date of May 16, 2012, designed to comply with Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.
Mr. Hogan’s plan allows for a series of share purchases, each not to exceed 100 shares of Company’s common stock, subject to maximum share price limitations set forth in the plan. The first purchase of shares is scheduled to occur on June 1, 2012, and continue on the first of each month with the last purchase to occur on May 1, 2013. The plan will terminate on May 31, 2013, unless otherwise terminated sooner in accordance with the plan’s terms.
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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 hereunto duly authorized.
Dated: May 21, 2012
| PACIFIC CONTINENTAL CORPORATION | ||
| By: | /s/ Michael A. Reynolds | |
| Michael A. Reynolds Executive Vice President Chief Financial Officer | ||
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