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): July 28, 2005
HERITAGE COMMERCE CORP
(Exact name of registrant as specified in its charter)
California | 000-23877 | 77-0469558 | |
(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |
150 Almaden Boulevard, San Jose, California | 95113 | ||
(Address of principal executive offices) | (Zip Code) | ||
Registrant’s telephone number, including area code: (408) 947-6900 | |||
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 (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 1.01 - Entry Into A Material Definitive Agreement
On July 28, 2005 the Registrant’s Compensation Committee and Board of Directors approved a salary increase for Kenneth Corsello from $170,000 to $180,000 effective August 1, 2005. Mr. Corsello is the Registrant’s Chief Credit Officer.
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.
DATED: August 2, 2005 HERITAGE COMMERCE CORP
By: Lawrence D. McGovern
Lawrence D. McGovern
Executive Vice President and Chief Financial Officer