Form 8-K

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) October 28, 2005

 

 

PLACER SIERRA BANCSHARES

(Exact name of registrant as specified in its charter)

 

 

California   0-50652   94-3411134

(State or other jurisdiction

of incorporation)

   (Commission File Number)  

(IRS Employer

Identification No.)

 

525 J Street,

Sacramento, California

   95814
(Address of principal executive offices)   (Zip Code)

 

Registrant’s telephone number, including area code (916) 554-4750

 

 

(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 (see General Instruction A.2. below):

 

¨ 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))

 

Section 1 – Registrant’s Business and Operations

 

Item 1.01 Entry into a Material Definitive Agreement.

 

On October 28, 2005, Placer Sierra Bancshares (NASDAQNMS: PLSB) (the “Company”) notified Ronald W. Bachli its Chairman and Chief Executive Officer that it had extended his employment agreement through December 31, 2008. The Company also notified David E. Hooston, its Chief Financial Officer that it has extended Mr. Hooston’s employment agreement through December 31, 2008. The notifications are attached as exhibits.

 

Section 9 – Financial Statements and Exhibits

 

Item 9.01. Financial Statements and Exhibits

 

(a) Financial statements of businesses acquired.

 

(b) Pro forma financial information.

 

(c) Exhibits.

 

Exhibit No.
  

Description of Exhibit

10.1   Notice of Extension of Term of Employment Agreement to Ronald W. Bachli dated October 28, 2005.
10.2   Notice of Extension of Term of Employment Agreement to David E. Hooston dated October 28, 2005.

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.

 

    Placer Sierra Bancshares
    (Registrant)
Date October 28, 2005    
   

/s/ Ronald W. Bachli

   

Ronald W. Bachli

Chairman and Chief Executive Officer

EXHIBIT INDEX

 

Exhibit No.
  

Description of Exhibit

10.1   Notice of Extension of Term of Employment Agreement to Ronald W. Bachli dated October 28, 2005.
10.2   Notice of Extension of Term of Employment Agreement to David E. Hooston dated October 28, 2005.