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):February 28, 2017
| | FIRST COMMUNITY BANCSHARES, INC. | |
| | (Exact name of registrant as specified in its charter) | |
| Nevada | | 000-19297 | | 55-0694814 |
| (State or other jurisdiction | | (Commission | | (IRS Employer |
| of incorporation) | | File Number) | | Identification No.) |
P.O. Box 989 Bluefield, Virginia | | 24605-0989 |
| (Address of principal executive offices) | | (Zip Code) |
Registrant’s telephone number, including area code:(276) 326-9000
___________________________________________________________________________________________________
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 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On February 28, 2017, the Board of Directors of First Community Bancshares, Inc. (the “Company”) amended the First Community Bancshares, Inc. and Affiliates Executive Retention Plan (the “SERP”) to change the definition of Eligible Employee and clarify language regarding the calculation of Years of Benefit Service. The amendment is to be effective as of February 28, 2017. Amendment #4 to the SERP is attached hereto as Exhibit 10.1 and incorporated herein by reference.
On February 28, 2017, the Board of Directors of the Company also amended the First Community Bancshares, Inc. Amended and Restated Non-Qualified Supplemental Cash-Or-Deferred Retirement Plan (the “Wrap Plan”) to correct certain non-substantive errors and add a new article regarding forfeitures and vesting. The amendment is to be effective as of February 23, 2017. Amendment #2 to the Wrap Plan is attached hereto as Exhibit 10.2 and incorporated herein by reference.
| Item 9.01 | Financial Statements and Exhibits. |
| (d) | The following exhibit is included with this report: |
| Exhibit No. | | Exhibit Description |
| | | |
| 10.1 | | Amendment #4 to the First Community Bancshares, Inc. and Affiliates Executive Retention Plan. |
| 10.2 | | Amendment #2 to the First Community Bancshares, Inc. Amended and Restated Non-Qualified Supplemental Cash-Or-Deferred Retirement Plan. |
| | | |
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.
| | FIRST COMMUNITY BANCSHARES, INC. |
| | | |
| Date: | February 28, 2017 | | By: | /s/ David D. Brown |
| | | |
| | | David D. Brown |
| | | Chief Financial Officer |
| | | | | |
