Attached files
file | filename |
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EX-10.1 - DEFERIE AGREEMENT - ASB Bancorp Inc | d245870dex101.htm |
EX-10.3 - KOZAK AGREEMENT - ASB Bancorp Inc | d245870dex103.htm |
EX-10.4 - MARTIN AGREEMENT - ASB Bancorp Inc | d245870dex104.htm |
EX-10.2 - TYNDALL AGREEMENT - ASB Bancorp Inc | d245870dex102.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): October 18, 2011
ASB BANCORP, INC.
(Exact Name of Registrant as Specified in Its Charter)
North Carolina | 001-35279 | 45-3463413 | ||
(State or other jurisdiction of incorporation or organization) |
(Commission File Number) |
(IRS Employer Identification No.) |
11 Church Street, Asheville, North Carolina 28801
(Address of principal executive offices) (Zip Code)
(828) 254-7411
(Registrants telephone number, including area code)
Not Applicable
(Former name or former address, if changed 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:
¨ | 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 October 18, 2011, ASB Bancorp, Inc. (the Company) and its wholly owned subsidiary, Asheville Savings Bank, S.S.B. (the Bank), jointly entered into: (i) a three-year employment agreement with Suzanne S. DeFerie, the President and Chief Executive Officer of the Company and the Bank; and (ii) two-year employment agreements with each of Kirby A Tyndall, the Executive Vice President and Chief Financial Officer of the Company and the Bank, David A. Kozak, the Executive Vice President and Chief Lending Officer of the Bank, and Fred A. Martin, the Executive Vice President and Chief Information Officer of the Bank. The material terms of the employment agreements were previously disclosed in the Companys Registration Statement on Form S-1 (File No. 333-174527), as declared effective by the U.S. Securities and Exchange Commission on August 12, 2011.
Item 9.01 | Financial Statements and Exhibits. |
(d) | Exhibits |
Number | Description | |
10.1 | Employment Agreement, dated as of October 18, 2011, by and between ASB Bancorp, Inc., Asheville Savings Bank, S.S.B. and Suzanne S. DeFerie | |
10.2 | Employment Agreement, dated as of October 18, 2011, by and between ASB Bancorp, Inc., Asheville Savings Bank, S.S.B. and Kirby A. Tyndall | |
10.3 | Employment Agreement, dated as of October 18, 2011, by and between ASB Bancorp, Inc., Asheville Savings Bank, S.S.B. and David A. Kozak | |
10.4 | Employment Agreement, dated as of October 18, 2011, by and between ASB Bancorp, Inc., Asheville Savings Bank, S.S.B. and Fred A. Martin |
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 thereunto duly authorized.
ASB BANCORP, INC. | ||||||
Date: October 21, 2011 | By: | /s/ Suzanne S. DeFerie | ||||
Suzanne S. DeFerie | ||||||
President and Chief Executive Officer |