Current Report Filing (8-k)
20 Agosto 2018 - 4:17PM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 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) August 20, 2018
Farmers Capital Bank Corporation
(Exact name of registrant as specified in its charter)
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Kentucky
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0-14412
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61-1017851
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(State or other jurisdiction
of incorporation)
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(Commission
File Number)
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(IRS Employer
Identification No.)
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P.O. Box 309
202 West Main St.
Frankfort, KY
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40601
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(Address of principal executive offices)
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(Zip Code)
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Registrants telephone number, including area code: (502)
227-1668
Not Applicable
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):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
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Soliciting material pursuant to Rule
14a-12
under the Exchange Act (17
CFR
240.14a-12)
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Pre-commencement
communications pursuant to Rule
14d-2(b)
under the Exchange Act (17 CFR
240.14d-2(b))
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Pre-commencement
communications pursuant to Rule
13e-4(c)
under the Exchange Act (17 CFR
240.13e-4(c))
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Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule
12b-2
of the Securities Exchange Act of 1934
(§240.12b-2
of this chapter). Emerging growth company. ☐
If an emerging growth company,
indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 2.01 Completion of Acquisition or Disposition of Assets.
Effective at 5:00 pm eastern time on August 20, 2018 (the Effective Time), Farmers Capital Bank Corporation (Farmers) was merged
with and into WesBanco, Inc. (WesBanco), with WesBanco surviving (the Merger), as provided in the Agreement and Plan of Merger, dated as of April 19, 2018 (the Merger Agreement), by and between WesBanco,
Wesbanco Bank, Inc. (WesBanco Bank), Farmers and United Bank & Capital Trust Company. In connection with the Merger, Farmers bank subsidiary United Bank & Capital Trust Company was merged with and into WesBanco
Bank, with WesBanco Bank surviving.
Under the terms of the Merger Agreement, WesBanco is exchanging a combination of shares of its common stock and cash
for all of the issued and outstanding shares of common stock of Farmers. Shareholders of Farmers common stock are entitled to receive 1.053 shares of WesBanco common stock, plus cash in the amount of $5.00, for each share of Farmers common stock
exchanged (the Merger Consideration).
Additional information and details of the Merger and the Merger Agreement were previously disclosed in
the proxy statement filed by Farmers with the Securities and Exchange Commission (the SEC) on June 15, 2018 (the Proxy Statement). Any description of the Merger Agreement is qualified in its entirety by reference to the
complete copy of the Merger Agreement, which is included as Annex A in the Proxy Statement and as Exhibit 2.1 hereto and is incorporated by reference herein.
Item 3.01 Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
Trading of Farmers common stock on The NASDAQ Global Select Market (NASDAQ) will be suspended prior to the market open on August 21, 2018. Farmers
also requested that NASDAQ file a notification of removal from listing and registration on Form 25 with the SEC to effect the delisting of Farmers common stock from NASDAQ and the deregistration of Farmers common stock under Section 12(b) of
the Securities Exchange Act of 1934, as amended (the Exchange Act). Farmers intends to file with the SEC a certification on Form 15 requesting the termination of registration of Farmers common stock under Section 12(g) of the
Exchange Act and the suspension of reporting obligations under Sections 13 and 15(d) of the Exchange Act. The information set forth under Item 2.01 of this Current Report on Form
8-K
is incorporated by
reference into this Item 3.01.
Item 3.03 Material Modification to the Rights of Security Holders.
As a result of the Merger, each holder of Farmers common stock no longer has any rights as a stockholder of Farmers other than the right to receive the Merger
Consideration as set forth in the Merger Agreement.
The information set forth under Items 2.01, 3.01 and 5.03 of this Current Report on Form
8-K
is incorporated by reference into this Item 3.03.
Item 5.01 Changes in Control of Registrant.
At the Effective Time, Farmers was merged with and into WesBanco pursuant to the Merger Agreement, with WesBanco as the surviving entity. One
member of Farmers Board of Directors, Michael J. Crawford, was appointed to the Boards of Directors of WesBanco and WesBanco Bank, effective upon completion of the Merger, as provided in the Merger Agreement.
The information set forth under Items 2.01, 3.03 and 5.02 of this Current Report on Form
8-K
is incorporated by
reference into this Item 3.03.
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers.
At the Effective Time, Farmers directors and executive officers ceased
serving in such capacities.
Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year
As a result of the Merger, at the Effective Time, Farmers ceased to exist and WesBanco continued as the surviving corporation. The Restated Articles of
Incorporation of WesBanco, as amended, and the Amended and Restated Bylaws of WesBanco in effect at the Effective Time remained the Restated Articles of Incorporation of WesBanco, as amended, and the Amended and Restated Bylaws of WesBanco as the
surviving corporation in the Merger.
Copies of the Restated Articles of Incorporation of WesBanco, Inc., Articles of Amendment to the Articles of
Incorporation of WesBanco, Inc., dated April 21, 1998, Bylaws of WesBanco, Inc. (As Amended and Restated February 24, 2011) and Articles of Amendment to the Articles of Incorporation of WesBanco, Inc., dated April 24, 2015, are
included as Exhibits 3.1, 3.2, 3.3 and 3.4 hereto, respectively, each of which is incorporated by reference herein. The information regarding the Merger and the Merger Agreement set forth under Item 2.01 of this Current Report on Form
8-K
is incorporated by reference into this Item 5.03.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
The
following exhibit is filed as part of this Report:
SIGNATURE
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.
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Farmers Capital Bank Corporation
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8-20-2018
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/s/ Mark A. Hampton
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Date
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Mark A. Hampton
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Executive Vice President, Secretary and Chief Financial Officer
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