GREAT WESTERN BANCORP, INC. (NYSE:GWB) Files An 8-K Entry into a Material Definitive Agreement
Item 1.01. Entry into a Material Definitive Agreement.
Bancorp, Inc. 2014 Non-Employee Director Plan (the Plan), the
Compensation Committee of the Board of Directors of Great Western
Bancorp, Inc. (the Company) voted to amend Director, Andrew Hoves
IPO Performance Share Unit Award Agreement dated October 20, 2014
to include the following as it relates to Mr. Hoves rights to the
Performance Share Units granted therein:
of the age limitation in the Corporate Governance Guidelines, the
PSUs will vest and be deliverable at such time had the Grantee
continued to serve on the Board through the Vesting Date, unless
earlier provided in accordance with A and B above.
of Stockholders held on February 27, 2017, Andrew Hove did not
stand for re-election to the Board of Directors of the Company due
to age restrictions set forth in the Companys Corporate Governance
Guidelines.
Director Plan is attached hereto as Exhibit 10.1. A copy of Andrew
Hoves IPO Performance Share Unit Award Agreement dated October 20,
2014 is attached hereto as Exhibit 10.2.
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Exhibit No.
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Description
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10.1
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Great Western Bancorp, Inc. 2014 Non-Employee Director
Plan |
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10.2
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Andrew Hove’s IPO Performance Share Unit Award Agreement
dated October 14, 2014 |
About GREAT WESTERN BANCORP, INC. (NYSE:GWB)
Great Western Bancorp, Inc. is a full-service regional bank holding company. The Company is the holding company of the Great Western Bank (the Bank). As of September 30, 2016, the Company served customers through 173 branches in various markets in Arizona, Colorado, Iowa, Kansas, Minnesota, Missouri, Nebraska, North Dakota and South Dakota. The Company focuses on business and agribusiness banking, complemented by retail banking and wealth management services. The Company’s loan portfolio consists primarily of business loans, consisting of commercial and industrial loans (C&I), commercial real estate loans and agribusiness loans. The Company offers its business banking customers a focused range of financial products designed to meet the specific needs of their businesses, including loans, lines of credit, cash management services, online business deposit and wire transfer services, in addition to non-interest-bearing demand deposit and savings accounts, and corporate credit cards. GREAT WESTERN BANCORP, INC. (NYSE:GWB) Recent Trading Information
GREAT WESTERN BANCORP, INC. (NYSE:GWB) closed its last trading session up +1.61 at 44.37 with 282,464 shares trading hands.
