Peoples Financial Corporation
11/01/2024 | Press release | Distributed by Public on 11/01/2024 08:11
Post effective Amendment to Registration Statement for Employee Benefit Plan Form S 8 POS
As filed with the Securities and Exchange Commission on November 1, 2024
Registration No. 333-144181
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
PEOPLES FINANCIAL CORPORATION
(Exact Name of Registrant as Specified in Its Charter)
|
MISSISSIPPI |
64-0709834 |
|
(State or Other Jurisdiction of |
(I.R.S. Employer Identification Number) |
|
Incorporation or Organization) |
|
152 Lameuse Street, Biloxi, Mississippi 39530
(Address of Principal Executive Offices)
PEOPLES FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN
PEOPLES FINANCIAL CORPORATION 401(K) PROFIT SHARING PLAN
(Full Title of the Plans)
Chevis C. Swetman
Chairman, President and CEO
PEOPLES FINANCIAL CORPORATION
152 Lameuse Street
Biloxi, Mississippi 39530
(228) 435-5511
(Name, address and telephone number,
Including area code, of Agent for Service)
Copy to:
Thomas E. Walker, Jr., Esq.
Jones Walker, LLP
3100 N. State Street, Suite 300
Jackson, Mississippi 39216
(601) 949-4631
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____ |
Smaller reporting company X |
|
Non-accelerated filer ____ |
|
Emerging growth 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 13(a) of the Exchange Act. _____.
EXPLANATORY NOTE
Peoples Financial Corporation, a Mississippi corporation (the "Company"), registered on a Registration Statement on Form S-8 (File No. 333-144181) filed on June 29, 2007 (the "Original Registration Statement"), 600,000 shares of the Company's common stock, par value $1.00 per share (the "Common Stock"), to be offered and sold under certain benefit and compensation plans of the Company. The plans are the Peoples Financial Corporation 401(k) Profit Sharing Plan and the Peoples Financial Corporation Employee Stock Ownership Plan (the "ESOP"). The ESOP is a frozen plan that is noncontributory and does not allow the participating employees to make any investment decisions.
This Post-Effective Amendment No. 1 to the Original Registration Statement (together with the Original Registration Statement, the "Registration Statement") is being filed for the purposes of (1) reallocating 285,724 unissued shares remaining from the 500,000 shares of Common Stock registered for issuance under the ESOP pursuant to the Original Registration Statement, such shares and any interests therein to be henceforth designated as unallocated, and (2) deregistering 214,276 shares of Common Stock and any interests therein previously issued under the ESOP. As amended hereby, the following shares of Common Stock continue to be registered under the Registration Statement:
|
Shares |
|||
|
|
|
Allocated |
|
|
Peoples Financial Corporation 401(k) Profit Sharing Plan |
|
100,000 |
|
|
Unallocated |
|
285,724 |
|
|
Total Registered |
|
385,724 |
|
[REMAINDER OF THIS PAGE INTENTIONALLY LEFT BLANK]
1
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as amended, Peoples Financial Corporation 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 this Post-Effective Amendment No. 1 to the Registration Statement to be signed on its behalf by the undersigned, thereunto duly authorized, in Biloxi, Mississippi, on this 1st day of November, 2024.
PEOPLES FINANCIAL CORPORATION
|
/s/ Chevis C. Swetman |
|
|
By: Chevis C. Swetman |
|
|
Chairman, President and Chief Executive Officer |
|
Pursuant to the requirements of the Securities Act of 1933, as amended, this this Post-Effective Amendment No. 1 to the Registration Statement on Form S-8 has been signed below by the following persons in the capacities and on the date indicated.
|
|
|
|
|
|
|
Name |
Name and Title |
Date |
||
|
|
|
|
|
|
|
/s/ Chevis C. Swetman |
|
Chevis C. Swetman |
|
November 1, 2024 |
|
|
|
Chairman, President and Chief Executive Officer |
|
|
|
/s/ Leslie B. Fulton |
|
Leslie B. Fulton |
|
November 1, 2024 |
|
|
|
Chief Financial Officer |
|
|
|
/s/ Ronald G. Barnes |
|
Ronald G. Barnes |
|
November 1, 2024 |
|
|
|
Director |
|
|
|
/s/ Padrick D. Dennis |
|
Padrick D. Dennis |
|
November 1, 2024 |
|
|
|
Director |
|
|
|
/s/ Jeffrey H. O'Keefe |
|
Jeffrey H. O'Keefe |
|
November 1, 2024 |
|
|
|
Director |
|
|
|
/s/ Page Reed Riley |
|
Page Reed Riley |
|
November 1, 2024 |
|
|
|
Director |
|
|
|
/s/ George J. Sliman, III |
|
George J. Sliman, IIII |
|
November 1, 2024 |
|
|
|
Director |
|
|
The Plans. Pursuant to the requirements of the Securities Act of 1933, as amended, the trustees (or other persons who administer the Plans) have duly caused this registration statement to be signed on its behalf by the undersigned, thereunto duly authorized, in the City of Biloxi, Mississippi, on this 1st day of November, 2024.
PEOPLES FINANCIAL CORPORATION EMPLOYEE STOCK OWNERSHIP PLAN
|
|
|
|
|
|
|
/s/ Danial A. Bass |
|
|
By: |
The Asset Management and Trust Division |
PEOPLES FINANCIAL CORPORATION 401(k) PROFIT SHARING PLAN
|
|
|
/s/ Danial A. Bass |
|
|
By: |
The Asset Management and Trust Division |
2