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EX-99.1 - EXHIBIT 99.1 - FIRST COMMUNITY BANKSHARES INC /VA/v346101_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): May 28, 2013
 
 
  FIRST COMMUNITY BANCSHARES, INC.  
(Exact name of registrant as specified in its charter)
 

 

 

 
Nevada   000-19297   55-0694814
(State or other jurisdiction   (Commission   (IRS Employer
of incorporation)   File Number)   Identification No.)
 
 

 

 

P.O. Box 989

Bluefield, Virginia

  24605-0989
(Address of principal executive offices)   (Zip Code)
 
 
Registrant’s telephone number, including area code: (276) 326-9000
 
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

 

The Compensation and Retirement Committee of First Community Bancshares, Inc. (the “Committee”) finalized awards of 7,741, 4,894, 5,044, 6,491, and 3,941 shares to John M. Mendez, President and Chief Executive Officer, David D. Brown, Chief Financial Officer, Robert L. Buzzo, Vice President and Secretary, E. Stephen Lilly, Chief Operating Officer, and Robert L. Schumacher, General Counsel, respectively. Approximately 48% of the awards vest immediately, and the remaining amounts vest over three years subject to service and performance restrictions. A copy of Mr. Mendez’s award agreement is attached hereto as Exhibit 99.1. The agreements for the other named executive officers are substantially identical except with regard to the number of shares granted.

 

Item 9.01 Financial Statements and Exhibits

 

(d)   The following exhibit is included with this report:
     
Exhibit No.   Exhibit Description
     
     
99.1   Restricted Stock Agreement between First Community Bancshares, Inc. and John M. Mendez

 

 

 
 

 

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 hereunto duly authorized.

 

 

  FIRST COMMUNITY BANCSHARES, INC.
     
Date: May 28, 2013   By: /s/ David D. Brown
    David D. Brown
    Chief Financial Officer