UNITED STATES
SECURITIES
AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13
or 15(d) of the
Securities Exchange Act of 1934
|
|
| Date of Report |
|
| (Date of earliest |
|
| event reported): |
February 1, 2006 |
|
|
First Business Financial Services, Inc.
|
| (Exact name of registrant as specified in its charter) |
|
|
|
Wisconsin
|
0-51028
|
39-1576570
|
| (State or other |
(Commission File |
(IRS Employer |
| jurisdiction of |
Number) |
Identification No.) |
| incorporation) |
|
|
|
|
401 Charmany Drive, Madison, Wisconsin 53719
|
| (Address of principal executive offices, including zip code) |
|
|
(608) 238-8008
|
| (Registrant’s telephone number) |
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 1.01. Entry into a
Material Definitive Agreement.
On
February 1, 2006, the Board of Directors of First Business Financial Services, Inc.
(“FBFS”) granted restricted shares of FBFS common stock pursuant to the FBFS
2001 Equity Incentive Plan to the following executive officers of FBFS and its
subsidiaries:
| • |
Corey
A. Chambas, President and Chief Operating Officer; |
| • |
Michael
J. Losenegger, President and Chief Operating Officer of First Business Bank; |
| • |
Mark
J. Meloy, Executive Vice President of First Business Bank; |
| • |
James
F. Ropella, Senior Vice President and Chief Financial Officer; |
| • |
Jerome
J. Smith, Chief Executive Officer; and |
| • |
Terry
D. Taylor, President and Chief Executive Officer of First Business Bank - Milwaukee. |
In
connection with those grants, the Company entered into a Restricted Stock Agreement with
each of the executive officers. Each Restricted Stock Agreement (“Agreement”)
provides that the shares subject to the Agreement will vest in four equal installments on
the first through fourth anniversaries of the date of grant. Under the Agreement, shares
covered by the Agreement are subject to the risk of forfeiture and may not be sold or
transferred until the shares have vested. While the restricted shares are subject to
forfeiture, the employee may exercise full voting rights and will receive all dividends
and other distributions paid with respect to the restricted shares.
The
foregoing description of the Restricted Stock Agreement is qualified in its entirety by
reference to the full text of the form of agreement, a copy of which is filed herewith as
Exhibit 10.1 and is incorporated herein by reference.
Item 9.01. Financial
Statements and Exhibits.
| (d) |
Exhibits.
The following exhibit is being filed herewith: |
| |
(10.1) |
Form
of Restricted Stock Agreement under the 2001 FBFS Equity Incentive Plan. |
2
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.
|
FIRST BUSINESS FINANCIAL SERVICES, INC. |
Date: February 7, 2005 |
By: /s/ James F. Ropella |
|
James F. Ropella |
|
Senior Vice President and Chief Financial Officer |
3
FIRST BUSINESS
FINANCIAL SERVICES, INC.
Exhibit Index to
Current Report on Form 8-K
Exhibit
Number
| 10.1 |
Form
of Restricted Stock Agreement under the 2001 FBFS Equity Incentive Plan. |