UNITED STATES SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or l5 (d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): April 11, 2014

 

 

Washington Banking Company

(Exact name of registrant as specified in its charter)

 

Washington

(State or other jurisdiction of incorporation)

 

000-24503

(Commission File Number)

 

91-1725825

(I.R.S. Employer Identification Number)

 

450 SW Bayshore Drive

Oak Harbor, WA 98277

(Address of principal executive offices) (Zip Code)

 

(360) 679-3121

(Registrant’s telephone number, including area code)

 

No Change

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

[  ] 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-4(c))
 

 

 

   
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
   
(e)

On April 11, 2014, Washington Banking Company entered into an amendment to the Employment Agreement of executive officer George Bowen. The amendment provides that, following termination of employment within two years following a change in control, George Bowen is entitled to health and dental insurance benefits until such time that he becomes eligible for comparable group insurance coverage in connection with new employment for a maximum period of 18 months.

 

   
Item 9.01 Financial Statements and Exhibits.
   
(d) Exhibits
   
  99.1 Form of Amendment to Executive Employment Agreement with Mr. Bowen, dated April 11, 2014

 

 

 

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.

 

 

 

WASHINGTON BANKING COMPANY

 

 

Dated: April 17, 2014

By: /s/ Richard Shields

Richard A. Shields

EVP and Chief Financial Officer

 

 
 


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