SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
Form 8-K
Current Report
Pursuant to Section 13 or 15(d) of the
Securities and Exchange Act of 1934
Date of Report: January 22, 2007
Citizens South Banking Corporation |
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(Exact Name of Registrant as Specified in Charter) |
Delaware | | 0-23971 | | 54-2069979 |
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(State or other jurisdiction
of incorporation) | | (Commission
File Number) | | (I.R.S. Employer
Identification No.) |
519 South New Hope Road, Gastonia, North Carolina | | 28054-4040 |
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(Address of Principal Executive Offices) | | (Zip Code) |
Registrant’s telephone number, including area code: 704-868-5200
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 communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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o | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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o | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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o | Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CRF 240.13e-4(c)) |
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Item 5.02. | | Departure of Directors or Principal Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On January 22, 2007, Citizens South Banking Corporation (the “Registrant”) granted shares of restricted stock to the following “Named Executive Officers” (as defined by Item 402(a)(3) of Securities and Exchange Commission Regulation S-K) pursuant to the Registrant’s 2003 Recognition and Retention Plan. Shares of restricted stock cliff vest five years from the date of grant.
Name | | Restricted Stock | |
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Gary F. Hoskins | | 1,000 | |
Daniel M. Boyd, IV | | 3,500 | |
Item 9.01. | | Financial Statements and Exhibits. |
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(a) | | Not Applicable. |
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(b) | | Not Applicable. |
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(c) | | Not Applicable. |
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(d) | | Exhibits. |
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| | None. |
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.
| CITIZENS SOUTH BANKING CORPORATION |
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DATE: January 30, 2007 | By: | /s/ Gary F. Hoskins |
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| | Gary F. Hoskins |
| | Chief Financial Officer |
