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 12, 2010
FIRST FEDERAL BANKSHARES, INC.
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(Exact Name of Registrant as Specified in Charter)
Delaware 0-25509 42-1485449
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(State or Other Jurisdiction) (Commission File No.) (I.R.S. Employer
of Incorporation) Identification No.)
423 Sixth Street, Suite 400, Sioux City, Iowa 51101
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(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (888) 859-5424
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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 8.01. Other Events
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On February 12, 2010, the stockholders of First Federal Bankshares, Inc. (the
"Company") approved the liquidation, dissolution and winding up of the Company
pursuant to a Plan of Dissolution and Liquidation (the "Plan of Dissolution") at
a Special Meeting of Stockholders. On February 15, 2010, the Company filed a
Certificate of Dissolution with the Secretary of State of the State of Delaware.
Transfers in the Company's common stock will not be processed after the close of
the markets on February 15, 2010, except by will, intestate succession or
operation of law. The Company has requested that trading of the Company's common
stock on the Pink Sheets(R) under the symbol FFSX.PK cease as of the close of
the markets on February 15, 2010. The Company intends to file a Form 15
withdrawing the registration of its common stock from registration with the
Securities and Exchange Commission, and suspending its obligation to file
periodic and other reports. Additional information regarding the Plan of
Dissolution is available on its Proxy Statement on Schedule 14A, filed with the
Securities and Exchange Commission on November 17, 2009. The Company's plan of
dissolution contemplates the satisfaction of or provision for its liabilities
and the distribution of any remaining assets to stockholders. The timing of any
distributions to stockholders cannot be determined at this time.
Item 9.01. Financial Statements and Exhibits
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(a) Not Applicable.
(b) Not Applicable.
(c) Not Applicable.
(d) Exhibits:
Exhibit 2 Plan of Dissolution and Liquidation (incorporated by
reference from the Definitive Proxy Statement on Form 14A
filed with the Commission on November 17, 2009).
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 FEDERAL BANKSHARES, INC.
DATE: February 16, 2010 By: /s/ Barry E. Backhaus
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Barry E. Backhaus
President, Chief Executive Officer
and Interim Chief Financial Officer