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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Dime Community Bancshares Inc | NASDAQ:DCOM | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.24 | 1.22% | 19.97 | 19.92 | 19.98 | 19.995 | 19.82 | 19.88 | 7,376 | 15:05:17 |
Delaware
|
000-27782
|
11-3297463
|
(State or other jurisdiction of incorporation or organization)
|
(Commission File Number)
|
(IRS Employer Identification No.)
|
300
Cadman Plaza West, 8
th
Floor
Brooklyn
,
New York
|
|
11201
|
(Address of principal executive offices)
|
|
(Zip Code)
|
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
|
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
|
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
|
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4c)
|
Item 5.02 |
Departure of Directors or Certain Officers; Election of Directors; Appointment of
Certain Officers; Compensatory Arrangements of Certain Officers
.
|
· |
The Executive Officer’s unpaid current year annual base salary through the date of termination, unpaid prior fiscal year bonus if such bonus has been determined but not
paid as of the date of termination, any accrued and unpaid vacation pay (collectively, the “Accrued Obligations”), and a portion of the recent bonus (as such term is defined in the Agreements) pro-rated through the date of termination
(the “Pro Rata Bonus”);
|
· |
Three times the Executive Officer’s annual base salary and most recent bonus in the case of Messrs. Lubow, Volino and Reddy, and one times the Executive Officer’s annual
base salary and most recent bonus in the case of Mr. Rizzo;
|
· |
The amount of contributions under the savings plans (as such term is defined in the Agreements) that the Executive Officer would receive if his employment continued for
three years in the case of Messrs. Lubow, Volino and Reddy, and one year in the case of Mr. Rizzo following the date of termination; and
|
· |
An amount equal to 150% of the premiums for healthcare and life insurance coverage under the Company’s healthcare plans that the Company would pay if the Executive Officer
continued his employment for three years in the case of Messrs. Lubow, Volino and Reddy, and one year in the case of Mr. Rizzo following the date of termination.
|
Item 9.01 |
Financial Statements and Exhibits.
|
(d) |
Exhibits
|
Change in Control Employment Agreement between Dime Community Bancshares, Inc. and Stuart H. Lubow
|
Change in Control Employment Agreement between Dime Community Bancshares, Inc. and Robert S. Volino
|
Change in Control Employment Agreement between Dime Community Bancshares, Inc. and Avinash Reddy
|
Change in Control Employment Agreement between Dime Community Bancshares, Inc. and James L. Rizzo
|
Dime Community Bancshares, Inc.
|
||
(Registrant)
|
||
|
||
DATE: February 4, 2019
|
By:
|
/s/ PATRICIA M. SCHAUBECK
|
Patricia M. Schaubeck
|
||
Executive Vice President and General Counsel
|
1 Year Dime Community Bancshares Chart |
1 Month Dime Community Bancshares Chart |
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