Form S-8 POS - Securities to be offered to employees in employee benefit plans, post-effective amendments
22 November 2024 - 7:34AM
Edgar (US Regulatory)
As filed with the Securities and Exchange Commission on November 21, 2024
File No. 333-214858
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
___________________
POST-EFFECTIVE AMENDMENT NO. 1 TO
FORM S-8
REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933
__________________
UNION BANKSHARES, INC.
(Exact Name of Registrant as Specified in its Charter)
| | | | | | | | |
Vermont | | 03-0283552 |
(State or other jurisdiction | | (IRS Employer |
of incorporation or Organization) | | Identification Number) |
| | |
20 Lower Main St., P.O. Box 667 |
Morrisville, VT 05661-0667 |
(Address of principal executive offices) |
| | |
2014 EQUITY INCENTIVE PLAN, as amended |
(Full title of the Plan) |
| | |
David S. Silverman | | With a copy to: |
President and Chief Executive Officer | | Denise J. Deschenes, Esq. |
Union Bankshares, Inc. | | Primmer Piper Eggleston & Cramer PC |
20 Lower Main St., P.O. Box 667 | | 106 Main Street, P.O. Box 349 |
Morrisville, VT 05661-0667 | | Littleton, NH 03561-0349 |
Telephone: (802) 888-6600 | | |
(Name, Address and Telephone Number, Including Area Code, of Agent for Service) | | |
Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act.
| | | | | |
Large accelerated filer ☐ | Accelerated filer ☐ |
Non-accelerated filer ☒ | Smaller reporting company ☒ |
If an emerging growth company indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐
EXPLANATORY NOTE: The 2014 Equity Incentive Plan, as amended (the “Plan”) of Union Bankshares, Inc. (the “Registrant”) expired in May 2024. The purpose of this filing is to de-register the 45,434 shares of the Registrant’s common stock, $2.00 par value per share, previously registered on Form S-8, which remained unallocated to equity grants upon expiration of the Plan.
Contemporaneously with the filing of this Post-Effective Amendment No. 1 to Form S-8 Registration Statement, the Registrant is filing a Registration Statement on Form S-8 to register shares of its common stock available for issuance pursuant to equity grants under a successor plan, the Union Bankshares, Inc. 2024 Equity Incentive Plan.
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the Town of Morrisville, State of Vermont, on November 21, 2024.
| | | | | | | | | | | | | | |
| | | UNION BANKSHARES, INC. |
| | | (Registrant) |
| | | | |
| | | By: | /s/ David S. Silverman |
| | | | David S. Silverman |
| | | | President and Chief Executive Officer |
Pursuant to the requirements of the Securities Exchange Act of 1933, this Registration Statement has been signed below on November 21, 2024 by the following persons in the capacities indicated.
| | | | | | | | |
/s/ David S. Silverman | | /s/ Karyn J. Hale |
David S. Silverman | | Karyn J. Hale |
Director, President and Chief Executive Officer | | Vice President, Treasurer and Chief Financial Officer |
(Principal Executive Officer) | | (Principal Financial Officer and Principal Accounting Officer) |
| | |
/s/ Joel S. Bourassa | | /s/ Dawn D. Bugbee |
Joel S. Bourassa, Director | | Dawn D. Bugbee, Director |
| | |
/s/ Mary K. Parent | | /s/ Nancy C. Putnam |
Mary K. Parent, Director | | Nancy C. Putnam, Director |
| | |
/s/ Gregory D. Sargent | | /s/ Timothy W. Sargent |
Gregory D. Sargent, Director | | Timothy W. Sargent, Director |
| | |
/s/ Janet P. Spitler | | /s/ Cornelius J. Van Dyke |
Janet P. Spitler, Director | | Cornelius J. Van Dyke, Director and Board Chair |
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