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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):
November 17, 2020
 
Bank of Commerce Holdings
(Exact name of registrant as specified in its charter)
 
California
(State or other jurisdiction of incorporation)
 
 
000-25135
 
94-2823865
 
 
(Commission File Number)
 
IRS Employer Identification No.
 
 
555 Capitol Mall, Suite 1255
Sacramento, California 95814
(Address of principal executive offices) (zip code)
 
Registrant's telephone number, including area code: (800) 421-2575
 
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligations 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))
 
 
Securities registered pursuant to Section 12(b) of the Exchange Act:
 
Title of each Class
Trading Symbol(s)
Name of each exchange on which registered
Common Stock
BOCH
Nasdaq
 
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
 
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. ☐
 
 

 
Item 8.01 – Other Events
 
On November 18, 2020, Bank of Commerce Holdings (the “Company”) issued a press release announcing that its Board of Directors has authorized the repurchase of up to 1,000,000 shares of common stock over a period ending December 31, 2021. Purchases will be made in the open market, including in block trades, or privately negotiated transactions. The timing and volume of purchases will be at the discretion of the Company’s management.
 
The press release issued by the Company announcing the share repurchase program is attached hereto as Exhibit 99.1 and is incorporated herein by reference.
 
Item 9.01 – Financial Statements and Exhibits
 
(d) Exhibits:
 
See Exhibit Index below.
 
EXHIBIT INDEX
 
Exhibit
Description
99.1
104
Cover Page Interactive Data File (formatted as Inline XBRL document) 
 
 

 
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.
 
November 18, 2020
 
 
/s/ James A. Sundquist                                     
 
By: James A. Sundquist
 
Executive Vice President – Chief Financial Officer
 
 
 
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