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):  April 24,  2014

 

 

LAKE SHORE BANCORP, inc.

(Exact name of registrant as specified in its charter)

 

 

31 East Fourth Street, Dunkirk, NY 14048

(Address of principal executive offices) (Zip Code)

 

Registrant's telephone number, including area code: (716) 366-4070

 

Not Applicable

(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))

 

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Item 8.01Other Events.

 

On April 24, 2014, Lake Shore Bancorp, Inc. (the “Company”), received the approval of the Federal Reserve Bank of Philadelphia for the 2012 Equity Incentive Plan (the “Equity Incentive Plan”).  As previously disclosed, the Equity Incentive Plan was approved by the Company’s shareholders on May 23, 2012, and it permits the grant of restricted stock awards, incentive stock options or non-qualified stock options to employees and non-employee directors for up to 200,000 shares of common stock.  Grants to employees will be based upon completion of performance goals. 

The receipt of this approval from the Federal Reserve Bank of Philadelphia allows the Company to begin to grant awards from the Equity Incentive Plan. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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SIGNATURES

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

 

 

 

 

Date: April 28, 2014

 

 

 

 

 

 

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