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): May 8, 2008
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ESSA BANCORP, INC.
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(Exact Name of Registrant as Specified in its Charter)
Pennsylvania 001-33384 20-8023072
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(State or Other Jurisdiction) (Commission File No.) (I.R.S. Employer
of Incorporation) Identification No.)
200 Palmer Street, Stroudsburg, Pennsylvania 18360
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (570) 421-0531
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Not Applicable
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(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):
[ ] 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 May 8, 2008, stockholders of ESSA Bancorp, Inc. (the "Company") approved
the 2007 Equity Incentive Plan (the "Equity Plan").
The purpose of the Equity Plan is to advance the interests of the Company
and its stockholders through awards that provide employees and directors an
additional personal stake in the Company's growth, development and financial
success. The Equity Plan authorizes the issuance of up to 2,377,326 shares of
Company common stock pursuant to grants of incentive and non-statutory stock
options and restricted stock awards. No more than 679,236 shares may be issued
as restricted stock awards.
Employees and outside directors of, and service provides to, the Company or
its subsidiaries are eligible to receive awards under the Equity Plan, except
that non-employee directors may not be granted incentive stock awards.
Non-employee directors may receive in the aggregate up to 30% of the shares
reserved for issuance under the Equity Plan and an individual non-employee
director may receive grants of up to 5% of the shares reserved for issuance
under the Equity Plan.
Item 7.01 Regulation FD Disclosure.
The Company issued a news release reporting on the results of its Annual
Meeting of Stockholders held on May 8, 2008. A copy of the news release is
attached as Exhibit 99.1 to this report and is being furnished to the SEC and
shall not be deemed "filed" for any purpose.
Item 9.01. Financial Statements and Exhibits.
(a) Financial Statements of Businesses Acquired. Not applicable.
(b) Pro Forma Financial Information. Not applicable.
(c) Shell Company Transactions. Not applicable.
(d) Exhibits.
Exhibit No. Description
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99.1 News release dated May 9, 2008 reporting
on the results of the Company's Annual
Meeting of Stockholders.
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.
ESSA BANCORP, INC.
Date: May 9, 2008 By: /s/ Gary S. Olson
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Gary S. Olson
President and Chief Executive Officer
EXHIBIT INDEX
Exhibit Description
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99.1 News release dated May 9, 2008 reporting on the results
of the Company's Annual Meeting of Stockholders.