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): January 25, 2017
Park Sterling Corporation
(Exact name of registrant as specified in its charter)
North Carolina | 001-35032 | 27-4107242 | ||
(State or other jurisdiction | (Commission File | (IRS Employer | ||
of incorporation) | Number) | Identification No.) |
1043 E. Morehead Street, Suite 201, Charlotte, NC | 28204 | |
(Address of principal executive offices) | (Zip Code) |
Registrant’s telephone number, including area code:(704) 716-2134
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 (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 2.02. Results of Operations and Financial Condition.
On January 26, 2017, Park Sterling Corporation (“Park Sterling”) announced its financial results for the third quarter ended December 31, 2016. A copy of the related press release is furnished as Exhibit 99.1. The information included herein, as well as Exhibit 99.1 referenced herein, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in filings under the Securities Act of 1933, as amended (the “Securities Act”).
Item 7.01. Regulation FD Disclosure.
On January 26, 2016, Park Sterling will hold an investor conference call to disclose its financial results for the fourth quarter ended December 31, 2016. A copy of the slide package prepared for use by executive management for this presentation is furnished as Exhibit 99.2. All of the information in the presentation is presented as of January 26, 2017, and Park Sterling does not assume any obligation to update such information in the future.
The information included in the preceding paragraph, as well as Exhibit 99.2 referenced therein, shall not be deemed “filed” for purposes of Section 18 of the Exchange Act nor shall it be deemed incorporated by reference in filings under the Securities Act.
Item 8.01. Other Events.
On January 25, 2017, Park Sterling issued a press release announcing that its board of directors (“Board”) declared a quarterly cash dividend to its common shareholders of $0.04 per common share, payable on February 7, 2017 to all common shareholders of record as of the close of business on February 22, 2017. Future dividends will be subject to Board approval. A copy of the press release is attached as Exhibit 99.3 and is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
Exhibit No. |
| Exhibit Description |
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99.1 |
| Press Release, dated January 26, 2017, with respect to Park Sterling’s financial results for the third quarter ended December 31, 2016 |
99.2 | Slide Package prepared for use in connection with Park Sterling’s conference call to be held on January 26, 2017 | |
99.3 |
| Press Release, dated January 25, 2017, with respect to declaration of dividend |
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.
Date: January26, 2017
| PARK STERLING CORPORATION |
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| By: | /s/ Donald K. Truslow |
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| Donald K. Truslow |
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| Chief Financial Officer |
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EXHIBIT INDEX
Exhibit No. |
| Exhibit Description | |||
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| 99.1 | Press Release, dated January 26, 2017, with respect to Park Sterling’s financial results for the fourth quarter ended December 31, 2016 | ||||
99.2 | Slide Package prepared for use in connection with Park Sterling’s conference call to be held on January 26, 2017 | ||||
99.3 |
| Press Release, dated January 25, 2017, with respect to declaration of dividend and with respect to authorization of share repurchase program |
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