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): December 23, 2021
DIME COMMUNITY BANCSHARES, INC.
(Exact name of the registrant as specified in its charter)
New York
| 001-34096
| 11-2934195
|
(State or other jurisdiction of incorporation or organization) | (Commission File Number) | (IRS Employer Identification No.) |
898 Veterans Memorial Highway, Suite 560 | | |
Hauppauge, New York | | 11788
|
| (Address of principal executive offices) | | (Zip Code) |
(631) 537-1000
(Registrant’s telephone number)
N/A
(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-4c) | |
| | | |
| Title of each class | | Trading Symbol(s) | | Name of each exchange on which registered |
Common Stock, $0.01 Par Value
| | DCOM
| | The Nasdaq Stock Market LLC
|
Preferred Stock, Series A, $0.01 Par Value
| | DCOMP
| | The Nasdaq Stock Market LLC
|
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. □
| Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers |
On December 23, 2021, Dime Community Bancshares, Inc. (the “Company”), its wholly-owned subsidiary, Dime Community Bank (the Bank”), and Stuart H. Lubow, President and Chief Operating Officer of the Company and the Bank, entered into a second amendment to Mr. Lubow’s employment agreement (the “Amendment”). The Amendment increases Mr. Lubow’s annual equity grant from 50% to 65% of base salary and increases Mr. Lubow’s annual cash bonus opportunity from 65% to 100% of base salary.
The foregoing description of the Amendment does not purport to be complete and is qualified in its entirety by reference to the Amendment which is attached hereto as Exhibit 10.1 of this Current Report on Form 8-K and is incorporated by reference into this Item 5.02.
| Item 9.01 | Financial Statements and Exhibits |
(d) Exhibits.
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.
| | DIME COMMUNITY BANCSHARES, INC. |
| | |
| | |
| | |
| DATE: December 23, 2021 | By: /s/ Patricia M. Schaubeck
|
| | Patricia M. Schaubeck |
| | Executive Vice President, General Counsel and Corporate Secretary |
