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EX-99.1 - EX-99.1 - WSFS FINANCIAL CORPd590944dex991.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

August 26, 2013

Date of Report

(Date of earliest event reported)

 

 

WSFS Financial Corporation

(Exact name of registrant as specified in its charter)

 

 

 

Delaware   0-16668   22-2866913

(State or other jurisdiction

of incorporation)

 

(SEC Commission

File Number)

 

(IRS Employer

Identification Number)

500 Delaware Avenue, Wilmington, Delaware   19801
(Address of principal executive offices)   (Zip Code)

Registrant’s telephone number, including area code: (302) 792-6000

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

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act

 

 

 


Item 8.01 Other Events.

WSFS Financial Corporation (the “Company”) issued a press release on August 29, 2013, announcing the redemption of its remaining cumulative perpetual preferred stock on August 26, 2013. The redemption of this excess capital was funded by available cash on hand of the Company at the stated liquidation (par) value of $1,000 per share. The Company paid preferred stockholders a total of $32,675,000 which included accrued and unpaid dividends to, but excluding August 26, 2013. A copy of the press release is filed herewith as Exhibit 99.1 and is incorporated herein by reference.

 

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

 

99.1    Press Release Dated August 29, 2013


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.

 

    WSFS FINANCIAL CORPORATION
Date: August 29, 2013     By:   /s/ Stephen A. Fowle
      Stephen A. Fowle
      Executive Vice President and
      Chief Financial Officer


EXHIBIT INDEX

 

99.1    Press Release Dated August 29, 2013