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EX-99.1 - EXHIBIT 99.1 - MERCHANTS BANCSHARES INCv397343_ex99-1.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)
December 19, 2014

 

 

 

Merchants Bancshares, Inc.

(Exact name of registrant as specified in its charter)

 

 

         
Delaware   0-11595   03-0287342

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification Number)

 

275 Kennedy Drive

South Burlington, Vermont

  (802) 658-3400   05403
(Address of principal executive offices)  

(Registrant’s telephone number, including area code)

 

  (Zip Code)

 

 

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 December 19, 2014, Merchants Bancshares, Inc. (“Merchants”) issued a press release announcing (1) the appointment of Marie Thresher as the Chief Operating Officer and Executive Vice President of Merchants’ main operating subsidiary, Merchants Bank, effective January 1, 2015; (2) the appointment of Bruce Bernier as the Senior Lender and Senior Vice President of Merchants Bank, effective January 1, 2015; (3) the promotion of Laura Abbott, Senior Credit Officer and Vice President of Merchants Bank, to Senior Vice President, effective January 1, 2015; and (4) Zoe P. Erdman’s departure from Merchants Bank and her position as Senior Operations Officer and Senior Vice President of Merchants Bank, effective December 19, 2014. The text of the press release is attached hereto as Exhibit 99.1 and is incorporated by reference herein.

 

  Item 9.01. Financial Statements and Exhibits

 

(d)   Exhibits.

 

99.1 Press Release dated December 19, 2014

 

 
 

 

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. 

 

       
       
  By:  

/s/ Michael R. Tuttle

       
  Title:   President and Chief Executive Officer

 

Date: December 22, 2014

 

 
 

 

EXHIBIT INDEX

 

     
     

Exhibit

No.

 

Description

   
99.1   Press Release dated December 19, 2014