PACIFIC CONTINENTAL CORPORATION (NASDAQ:PCBK) Files An 8-K Completion of Acquisition or Disposition of AssetsItem 2.01.
On November 1, 2017, Pacific Continental notified NASDAQ that trading in the Pacific Continental Common Shares should be suspended and the listing of the Pacific Continental Common Shares should be removed, in each case prior to market open on November 1, 2017. NASDAQ has filed a notification of removal from listing of the Pacific Continental Common Shares on Form 25 with the Securities and Exchange Commission. Columbia intends to file a Form 15 with respect to the Pacific Continental Common Shares requesting the deregistration of the Pacific Continental Common Shares under Section 12 of the Exchange Act and the suspension of Pacific Continental’s reporting obligations under Sections 13 and 15(d) of the Exchange Act.
| Item 2.01. | Material Modification to Rights of Security Holders. |
The information set forth under Item 2.01 and Item 2.01 is incorporated into this Item 2.01 by reference.
| Item 2.01. | Changes in Control of Registrant. |
The information set forth under Item 2.01 is incorporated into this Item 2.01 by reference.
| Item 2.01. | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On November 1, 2017, effective upon the consummation of the Mergers, Pacific Continental’s directors and executive officers ceased serving in such capacities.
On November1, 2017, Columbia issued a press release announcing the completion of the Mergers. A copy of the press release is filed as Exhibit 99.1 hereto and is incorporated herein by reference.
| Item 2.01. | Financial Statements and Exhibits. |
| * | The disclosure schedules and exhibits have been omitted to Item 601(b)(2) of Regulation S-K. Columbia, as successor to Pacific Continental, agrees to furnish supplementally a copy of any omitted schedule or exhibit to the SEC upon request. |
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EXHIBIT INDEX
| * | The disclosure schedules and exhibits have been omitted to Item 601(b)(2) of Regulation S-K. Columbia, as successor to Pacific Continental, agrees to furnish supplementally a copy of any omitted schedule or exhibit to the SEC upon request. |
PACIFIC CONTINENTAL CORP ExhibitEX-99.1 2 d485156dex991.htm EX-99.1 EX-99.1 Exhibit 99.1 FOR IMMEDIATE RELEASE November 1,…To view the full exhibit click here
About PACIFIC CONTINENTAL CORPORATION (NASDAQ:PCBK)
Pacific Continental Corporation is a bank holding company. The Company’s principal business activities are conducted through its subsidiary, Pacific Continental Bank (the Bank), an Oregon state-chartered bank with deposits insured by the Federal Deposit Insurance Corporation (FDIC). The Bank operates in over three primary markets, including Eugene, Oregon, Portland; Oregon/Southwest Washington, and Seattle, Washington. The Bank primarily operates in large commercial markets and provides banking and related services designed for community-based businesses, nonprofit organizations, professional service providers, and banking services for business owners. The Company provides traditional commercial and consumer banking services, including cash management products for businesses, online banking, safe deposit services, debit and automated teller machine (ATM) cards, automated clearing house (ACH) transactions, savings bonds, cashier’s checks, notary services and others.
