1st Century Bancshares, Inc. - FORM 8-K - March 25, 2014

Attached files

file filename
EX-10 - EXHIBIT 10.2 - 1st Century Bancshares, Inc.ex10-2.htm
EX-10 - EXHIBIT 10.1 - 1st Century Bancshares, Inc.ex10-1.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 19, 2014 

_______________

 

 

1ST Century BANCSHARES, INC.
(Exact name of registrant as specified in its charter)

 

Delaware

001-34226

26-1169687

(State or other jurisdiction of

Commission File Number

(IRS Employer

incorporation)

 

Identification No.)

          

1875 Century Park East, Suite 1400
Los Angeles, California 90067
(Address of principal executive offices and zip code)

 

Registrant’s telephone number, including area code: (310) 270-9500

 

_____________________________________________

(Former name or former address, if change 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 (see General Instruction A.2. below):

 

☐Written communications pursuant to Rule 425 under the Securities Act (17CFR 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 1.01 Entry into a Material Definitive Agreement.
   

On March 19, 2014, 1st Century Bancshares, Inc. (“Bancshares”), the holding company of 1st Century Bank, N.A., entered into amendments (the “Amendments”) to the Employment Agreements with each of Alan I. Rothenberg, Chairman and Chief Executive Officer, and Jason P. DiNapoli, President and Chief Operating Officer. The Amendments extend the initial term of each of the Employment Agreements by three years from November 4, 2014 to November 4, 2017. The remainder of the terms of each of the Employment Agreements remain unchanged. Copies of the Amendments are filed as Exhibits 10.1 and 10.2, respectively, to this report and are incorporated herein by reference.

   

Item 9.01

Financial Statements And Exhibits.

 

 

Exhibit 10.1

First Amendment to Employment Agreement, dated March 19, 2014, by and among 1st Century Bancshares, Inc. and Alan I. Rothenberg.

 

 

Exhibit 10.2

First Amendment to Employment Agreement, dated March 19, 2014, by and among 1st Century Bancshares, Inc. and Jason P. DiNapoli.

 

 
 
 

 

SIGNATURE

 

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.

 

 

 

1ST CENTURY BANCSHARES, INC.

 

 

 

 

 

 

 

 

 

Dated: March 25, 2014

By:

/s/ Jason P. DiNapoli

 

 

 

Jason P. DiNapoli

 

 

 

President and Chief Operating Officer

 

 

 
 
 

 

EXHIBIT INDEX

 

Exhibit No.

Description

 

 

Exhibit 10.1

First Amendment to Employment Agreement, dated March 19, 2014, by and among 1st Century Bancshares, Inc. and Alan I. Rothenberg.

 

 

Exhibit 10.2

First Amendment to Employment Agreement, dated March 19, 2014, by and among 1st Century Bancshares, Inc. and Jason P. DiNapoli.

 

1st Century Bancshares, Inc. Reports