0001412707-19-000001.txt : 20190123 0001412707-19-000001.hdr.sgml : 20190123 20190123170115 ACCESSION NUMBER: 0001412707-19-000001 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190123 ITEM INFORMATION: Other Events FILED AS OF DATE: 20190123 DATE AS OF CHANGE: 20190123 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Level One Bancorp Inc CENTRAL INDEX KEY: 0001412707 STANDARD INDUSTRIAL CLASSIFICATION: STATE COMMERCIAL BANKS [6022] IRS NUMBER: 000000000 STATE OF INCORPORATION: MI FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-38458 FILM NUMBER: 19537970 BUSINESS ADDRESS: STREET 1: 32991 HAMILTON COURT CITY: Farmington Hills STATE: MI ZIP: 48334 BUSINESS PHONE: 248-737-0300 MAIL ADDRESS: STREET 1: 32991 HAMILTON COURT CITY: Farmington Hills STATE: MI ZIP: 48334 8-K 1 levelonerepurchaseprogram.htm STOCK REPURCHASE PROGRAM Document


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): January 23, 2019

Commission File Number: 001-38458
LEVEL ONE BANCORP, INC.
(Exact name of registrant as specified in charter)
Michigan
(State or other jurisdiction of
incorporation)
 
71-1015624
(I.R.S. Employer
Identification No.)
32991 Hamilton Court
Farmington Hills, MI
(Address of principal executive offices)
 
48334
(Zip code)
(248) 737-0300
(Registrant's telephone number, including area code)
N/A
(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):
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
 
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    þ
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. o



Item 8.01.    Other Events

On January 23, 2019, Level One Bancorp, Inc. (the “Company”) announced the approval by its board of directors of a repurchase program under which the Company is authorized to repurchase, from time to time as the Company deems appropriate, up to an aggregate of shares of the Company’s common stock with an aggregate purchase price of up to $5 million. The repurchase program begins on January 23, 2019 and expires on December 31, 2020. The share repurchase program does not obligate the Company to repurchase any dollar amount or number of shares, and the program may be extended, modified, suspended or discontinued at any time.




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.
Date: January 23, 2019
 
 
 
LEVEL ONE BANCORP, INC.
 
 
 
 
By:
/s/ David C. Walker
 
Name:
David C. Walker
 
Title:
Executive Vice President and Chief Financial Officer