1 SECURITIES & EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15d of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): May 15, 2000 CENTRAL COAST BANCORP ----------------------------------------------------- (Exact name of registrant as specified in its charter) California 0-254018 77-0367061 - -------------------- ------------------- ---------------- (State or other jurisdiction of (Commission File Number) (I.R.S.Employer incorporation or organization) ID Number) 301 Main Street, Salinas, California 93901 -------------------------------------- -------- (Address of Principal Executive Offices) (Zip Code) Registrant's telephone number, including area code: (831)422-6642 -------------- Not Applicable ------------------------------------------------------------- (Former name or former address, if changed since last report.) Page 1 of 5 The Exhibit Index is on Page 4 2 INFORMATION INCLUDED IN THE REPORT Item 5. Other Events. On May 15, 2000, CENTRAL COAST BANCORP of Salinas, California issued a press release announcing that the board of directors has authorized a stock repurchase program for up to five percent of the Company's outstanding shares. This is a new program instituted following completion of the previous five percent repurchase program announced in Ocotber 1998. The forgoing is qualified by reference to the press release attached as Exhibit-99.1. Item 7. Financial Statements and Exhibits. (a) Financial Statements. Not Applicable. (b) Pro Forma Financial Information. Not Applicable. (c) Exhibits. (99.1) Press Release dated May 15, 2000 3 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. CENTRAL COAST BANCORP Date: May 15, 2000 By: /s/ ROBERT STANBERRY ------------------- Robert Stanberry (Chief Financial Officer and Principal Accounting Officer) 4 EXHIBIT INDEX Sequential Exhibit No. Description Page No. - ----------- ----------- -------- 99.1 Press Release dated May 15, 2000 5