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 16, 2022
First Community Corporation
(Exact name of registrant as specified in its charter)
South Carolina
(State or other jurisdiction of incorporation)
| | | | | |
| | 000-28344 | | 57-1010751 | |
| | (Commission File Number) | | (IRS Employer Identification No.) | |
| | | | | |
| | 5455 Sunset Blvd, Lexington, South Carolina | | 29072 | |
| | (Address of principal executive offices) | | (Zip Code) | |
(803) 951-2265
(Registrant’s telephone number, including area code)
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):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of exchange on which registered |
| Common stock, par value $1.00 per share | FCCO | The Nasdaq Capital Market |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company o
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. o
Item 2.02 Other Events.
We are filing forms of our (i) restricted stock unit agreements and (ii) restricted stock award agreements, each of which were approved by our Board of Directors on February 15, 2022. We anticipate such award agreements will be used with respect to equity grants under the First Community Corporation 2021 Omnibus Equity Incentive Plan (the “Plan”), including, without limitation, grants to our executive officers and directors, subject to the discretion of the Human Resources/Compensation Committee of our Board of Directors (the “Committee”), which discretion includes, among other things, the authority of the Committee to modify any such forms of agreement or use other forms of agreement.
The forms of restricted stock unit agreements and restricted stock award agreements are attached as Exhibits 10.1, 10.2, 10.3 and 10.4 to this Current Report on Form 8-K and are incorporated by reference herein. Such forms of agreement are subject to the authority of the Committee to, among other things, modify and vary award agreements under the Plan.
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.
| | FIRST COMMUNITY CORPORATION |
| | | | |
| | By: | /s/ D. Shawn Jordan | |
| | Name: | D. Shawn Jordan | |
| | Title: | Chief Financial Officer | |
Dated: February 16, 2022
