Virginia Financial Group Inc - Current report filing (8-K)
February 20 2008 - 1:09PM
Edgar (US Regulatory)
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: February 15, 2008
(Date of earliest event reported)
V
IRGINIA
F
INANCIAL
G
ROUP
, I
NC
.
(Exact name of registrant as specified in its charter)
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V
IRGINIA
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000-22283
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54-1829288
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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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102 S
OUTH
M
AIN
S
TREET
, C
ULPEPER
, V
IRGINIA
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22701
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(Address of principal executive offices)
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(Zip Code)
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Registrant’s telephone number, including area code: (540) 829-1633
n/a
(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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Item 5.02.
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Departure of Directors or Principal Officers; Election of Directors; Appointment of Principal Officers; Compensatory Arrangements of Certain Officers
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(e)
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On February 15, 2008, the Personnel and Compensation Committee of the Board of Directors of Virginia Financial Group, Inc. (“VFG”) authorized the payment of the
following cash bonuses to VFG’s named executive officers:
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Name
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Title
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Cash Bonus
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O. R. Barham, Jr.
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President and Chief Executive Officer
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$
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51,471
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Jeffrey W. Farrar
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Executive Vice President and Chief Financial Officer
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$
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22,274
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James T. Huerth
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President and Chief Executive Officer, Planters Bank and Trust Company, Inc. (Subsidiary of VFG)
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$
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21,406
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Litz H. Van Dyke
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Executive Vice President and Chief Operation Officer
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$
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25,641
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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 hereunto duly authorized.
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Virginia Financial Group, Inc.
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By:
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/s/ Jeffrey W. Farrar
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Jeffrey W. Farrar
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Executive Vice President and Chief Financial Officer
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Date: February 20, 2008
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