1 ================================================================================ 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) July 28, 1999 ------------- GREATER ATLANTIC FINANCIAL CORP. -------------------------------- (Exact Name of Registrant as Specified in Its Charter) Delaware 000-26467 54-18773112 -------- --------- ----------- (State or other Jurisdiction of (Commission (IRS Employer Incorporation or Organization) File Number) Identification No.) 10700 Parkridge Boulevard, Reston, Virginia 20191 ------------------------------------------------- (Address of Principal Executive Offices) (Zip Code) (703) 391-1300 -------------- (Registrant's Telephone Number, including Area Code) Not Applicable -------------- (Former Name or Former Address, If Changed Since Last Report) ================================================================================ 2 ITEM 5. OTHER EVENTS. ------------ On July 28, 1999, Legg Mason Wood Walker, Incorporated purchased 185,000 shares of Common Stock from Greater Atlantic Financial Corp. ("Greater Atlantic") through the exercise of the Over-Allotment Option provided for in the Underwriting Agreement dated June 24, 1999, for $1,634,475. Following the issuance of the 185,000 shares, Greater Atlantic had 3,007,434 shares of Common Stock outstanding. 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. GREATER ATLANTIC FINANCIAL CORP. Dated: July 30, 1999 By: /s/ Carroll E. Amos ------------------------------------- Carroll E. Amos President and Chief Executive Officer