On July 20, 2015, Trustmark Corporation (the “Company”) sent a notice to participants in the Company’s 401(k) Plan informing them that the 401(k) Plan would be changing its recordkeeper. The notice stated that as a result of the planned change in recordkeeper, a conversion period would be necessary to transition account and 401(k) Plan records and that while the conversion was being made, participants in the 401(k) Plan would not be able to access their accounts to direct or diversify their investments or request a distribution from the 401(k) Plan. This 401(k) Plan “Blackout Period” was scheduled to begin at 3:00 p.m. (Central Time) on August 24, 2015 and end at 11:59 p.m. (Central Time) on September 10, 2015.
On August 7, 2015, the Company sent a blackout trading restriction notice (the “Prior Notice”) to its executive officers and directors informing them that, pursuant to Section 306(a) of the Sarbanes-Oxley Act of 2002 and the SEC’s rules promulgated thereunder (“Regulation BTR”), they would be prohibited during the Blackout Period from purchasing and selling shares of the Company’s common stock (including derivative securities pertaining to such shares) acquired in connection with their employment as an executive officer or service as a director. A copy of the Prior Notice was attached as Exhibit 99.1 to the Company’s Current Report on Form 8-K filed with the SEC on August 7, 2015.
On August 19, 2015, the Company sent a new notice to participants in the Company’s 401(k) Plan informing them that the 401(k) Plan Blackout Period has been cancelled because the Company has decided not to transition to a new recordkeeper for the 401(k) Plan at this time.
On August 19, 2015, the Company also sent an updated notice to its executive officers and directors informing them that the special blackout period to be imposed on them under Section 306(a) of the Sarbanes-Oxley Act of 2002 and Regulation BTR in connection with the 401(k) Plan Blackout Period has been cancelled as a result of the cancellation of the 401(k) Plan Blackout Period (the “Updated Notice”).
A copy of the Updated Notice is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
