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Quotes & Info
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| EVBS > SEC Filings for EVBS > Form 8-K on 6-Jul-2012 | All Recent SEC Filings |
6-Jul-2012
Change in Directors or Principal Officers, Financial Statements a
Officers.
On June 29, 2012 (the "Grant Date"), the executive officers of Eastern Virginia
Bankshares, Inc. (the "Company") received grants of TARP-compliant restricted
stock under the Company's 2007 Equity Compensation Plan (the "2007 Plan") in the
following amounts:
Number of
shares of
Executive restricted stock
Joe A. Shearin 12,000
Joseph H. James, Jr. 6,000
J. Adam Sothen 4,000
Douglas R. Taylor 4,000
James S. Thomas 4,000
Ann-Cabell Williams 4,000
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The grants were approved by the Compensation Committee of the Company's Board of Directors and, subject to earlier forfeiture or accelerated vesting under circumstances described in the award agreement, provide for time-based installment vesting over five years from the Grant Date. The grants are subject to the terms of the 2007 Plan and the terms of the award agreement, a form of which is filed herewith as Exhibit 10.13 and incorporated herein by reference.
(d) Exhibits.
Exhibit
No. Description
10.13 Form of TARP-compliant Restricted Stock Agreement under Eastern
Virginia Bankshares, Inc. 2007 Equity Compensation Plan
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