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) October 28, 2008
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WVS Financial Corp.
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(Exact name of registrant as specified in its charter)
Pennsylvania 0-22444 25-1710500
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(State or other (Commission File Number) (IRS Employer
jurisdiction of incorporation) Identification No.)
9001 Perry Highway, Pittsburgh, Pennsylvania 15237
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(Address of principal executive offices) (Zip Code)
(412) 364-1913
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(Registrant's telephone number, including area code)
Not Applicable
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(Former name, former address and former fiscal year,
if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):
[_] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under 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))
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Item 5.02 Departure of Directors or Certain Officers; Election of
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Directors; Appointment of Certain Officers; Compensatory
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Arrangements of Certain Officers.
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(a)-(d) Not applicable.
(e) At the Annual Meeting of Stockholders on October 28, 2008, the
stockholders of WVS Financial Corp. (the "Company") approved the WVS Financial
Corp. 2008 Stock Incentive Plan (the "Plan"). The Plan provides for the issuance
of up to 152,000 shares of common stock of the Company pursuant to the grant of
incentive stock options intended to comply with the requirements of Section 422
of the Internal Revenue Code, non-incentive or compensatory stock options, stock
appreciation rights and share awards of restricted stock (collectively
"Awards"). Awards will be available for grant to officers, key employees and
non-employee directors of the Company and any subsidiaries.
The description of the Plan is qualified by reference to the Plan, a
copy of which is included as Exhibit 10.1 to this Current Report on Form 8-K.
(f) Not applicable.
Item 9.01 Financial Statements and Exhibits
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(a) Not applicable.
(b) Not applicable.
(c) Not applicable
(d) The following exhibits are included with this Report:
Exhibit No. Description
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10.1 WVS Financial Corp. 2008 Stock Incentive Plan(1)
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(1) Incorporated by reference to the definitive proxy statement filed by
WVS Financial Corp. with the Commission on September 26, 2008 for the
Annual Meeting of Stockholders held on October 28, 2008.
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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 thereunto duly authorized.
WVS FINANCIAL CORP.
By: /s/ David J. Bursic
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Name: David J. Bursic
Title: President and Chief Executive Officer
Date: October 29, 2008
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