UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15 (d) of
the Securities Exchange Act of 1934
Pursuant to Section 13 or 15 (d) of
the Securities Exchange Act of 1934
Date of Report (date of earliest event reported):
March 23, 2010
March 23, 2010
CENTRA FINANCIAL HOLDINGS, INC.
(Exact name of registrant as specified in its charter)
| West Virginia | 000-49699 | 55-0770610 | ||
| (State or other | (Commission File Number) | (I.R.S. Employer | ||
| jurisdiction of | Identification No.) | |||
| incorporation) |
990 ELMER Prince Drive, Morgantown, WV 26505
(Address of Principal Executive Offices, Including Zip Code)
(Address of Principal Executive Offices, Including Zip Code)
(304) 598-2000
Registrant’s telephone number, including area code
Registrant’s telephone number, including area 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 (see General Instruction
A.2. below):
| o | Written communication pursuant to Rule 425 under the Securities Act (17 CFR 230.425) | |
| o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) | |
| o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) | |
| o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
SECTION 5 — CORPORATE GOVERNANCE AND MANAGEMENT
| Item 5.02. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers. |
On March 23, 2010, on the recommendation of the Compensation Committee, the Board of Directors of
Centra Bank, Inc., a wholly owned subsidiary of Centra Financial Holdings, Inc., approved
discretionary bonuses of $550,000 and $350,000 to Mr. Leech. In addition, the Board of Directors
awarded Mr. Leech with options to purchase 100,000 shares of common stock of Centra Financial
Holdings, Inc. at $20.00 per share. The discretionary bonuses and options were granted in
recognition of Centra’s performance in 2009 and events ocurring
in 2010.
Signatures
Pursuant to the requirements of the Securities and Exchange Act of 1934, the Registrant has
duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
March 25, 2010
| Centra Financial Holdings, Inc. |
||||
| By: | /s/ Darren K. Williams | |||
| Darren K. Williams, Senior Vice | ||||
| President and Chief Financial Officer | ||||