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| WSBC > SEC Filings for WSBC > Form 8-K on 18-Jan-2013 | All Recent SEC Filings |
18-Jan-2013
Temporary Suspension of Trading Under Registrant's Employee Benefit Plans, Financial
The WesBanco, Inc. KSOP Plan (the "Plan") will remove two investment funds from the Plan and replace them with two alternative investment funds effective February 27, 2013. As a result of these changes, the Plan will enter a blackout period beginning at 4:00 PM on February 19, 2013 Eastern Time continuing through February 26, 2013. During this blackout period, Plan participants will be unable to access their accounts, including being unable to direct or diversify their investments, change their contribution rate, obtain a loan, or obtain a hardship withdrawal or distribution from the Plan. Since the Plan includes Wesbanco common stock as an investment option, a similar black out period will be in effect for directors and officers with respect to trading in Wesbanco common stock during that period.
As required under Section 306(a) (1) of the Sarbanes-Oxley Act of 2002 and Rule 104 of the Securities and Exchange Commission's Regulation BTR, on January 18, 2013, WesBanco sent a notice ("Notice") to its directors and executive officers informing them of the changes to the Plan and the related Blackout Period. The Notice states that, among other things, pursuant to Section 306(a) of the Sarbanes-Oxley Act of 2002, WesBanco's directors and executive officers will be prohibited from directly or indirectly purchasing, selling or otherwise acquiring or transferring shares of WesBanco's common stock during the Blackout Period.
During the Blackout Period and for two years after the end date thereof, a stockholder or other interested person may obtain, without charge, information regarding the Blackout Period, including the actual end date of the Blackout Period, by contacting Linda Woodfin by written request at WesBanco, Inc., 1 Bank Plaza, Wheeling, WV 26003, or by phone at (304) 234-9000.
A copy of the Notice is attached as Exhibit 99.1 and incorporated herein by reference.
d) Exhibits - 99.1 - Form of Notice sent to Directors and Executive Officers of WesBanco, Inc., on January 18, 2013.
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