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): February 9, 2012
TOWER BANCORP, INC.
(Exact name of registrant as specified in its charter)
Pennsylvania
(State or other jurisdiction of incorporation)
| 001-34277 | 25-1445946 | |
| (Commission file number) | (IRS employer ID) |
| 112 Market Street, Harrisburg, Pennsylvania | 17101 | |
| (Address of principal executive office) | (Zip Code) |
Registrant’s telephone number, including area code – (717) 231-2700
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 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
Annual Company Contributions under Executive Deferred Compensation Plan
On February 9, 2012, the Board of Directors of Tower Bancorp, Inc. (“Tower”) and the Employee Development Committee of the Board of Directors of Tower met and, in accordance with the terms of the applicable deferred compensation agreements between Tower and each of the participants therein and Section 7.19 of the Agreement and Plan of Merger dated June 20, 2011 between Susquehanna Bancshares, Inc. (“Susquehanna”) and Tower, approved the following contributions for 2011 to the deferral account balances of each of the named executive officers of Tower:
| Name/Position |
Amount of Company Contribution |
|||
| Andrew Samuel, Chairman and Chief Executive Officer |
$ | 33,950 | ||
| Mark Merrill, Executive Vice President and Chief Financial Officer |
$ | 14,100 | ||
| Jeffrey Renninger, President and Chief Operating Officer |
$ | 17,310 | ||
| Janak Amin, Executive Vice President of Tower and President and Chief Executive Officer of Graystone Tower Bank |
$ | 17,310 | ||
| Jane Tompkins, Executive Vice President of Tower and Chief Risk Officer of Graystone Tower Bank |
$ | 13,230 | ||
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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 thereunto duly authorized.
| TOWER BANCORP, INC. | ||||||
| (Registrant) | ||||||
| Date: February 10, 2012 | By: | /s/ Andrew S. Samuel | ||||
| Andrew S. Samuel | ||||||
| Chairman and Chief Executive Officer | ||||||
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