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Quotes & Info
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| UCFC > SEC Filings for UCFC > Form 8-K on 6-Jul-2009 | All Recent SEC Filings |
6-Jul-2009
Change in Directors or Principal Officers
(d) On June 25, 2009, the Boards of Directors of United Community Financial
Corp. and The Home Savings and Loan Company of Youngstown, Ohio appointed Scott
D. Hunter to the Board of Directors of UCFC and the Board of Directors of Home
Savings. Mr. Hunter was appointed to fill the vacancy on the UCFC Board created
by the resignation of Thomas J. Cavalier and to fill the vacancy on the Home
Savings Board created by the resignation of Patrick A. Kelly. Mr. Hunter has not
been appointed to any Board Committees at this time, although it is anticipated
that at the least he will serve on the Compliance and Nominating and Governance
Committees.
A copy of the press release announcing the appointment of Mr. Hunter is
attached hereto as Exhibit 99.1
(e) On June 25, 2009, the Compensation Committee and the UCFC Board approved
the award of 4,000 options to acquire UCFC shares to Mr. Hunter under the UCFC
2007 Amended and Restated Long-Term Incentive Plan. Each of the option awards
vest in three equal installments on each of December 31, 2009, December 31, 2010
and December 31, 2011. The options have an exercise price of $1.30 per share and
are subject to the terms and conditions of the 2007 Plan. The options awarded to
Mr. Hunter were nonqualified stock options.
A copy of the 2007 Plan is attached as Exhibit 10.9 to the Form 10-K for the
year ended December 31, 2008, and a copy of the form of Award Agreement is
attached as Exhibit 10.4 to the Form 10-Q for the quarter ended March 31, 2009;
each of which is incorporated herein by reference.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press release dated June 26, 2009
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