8-K

Federal Home Loan Bank of Pittsburgh

Date: December 16, 2019

/s/ Dana A. Yealy

Dana A. Yealy

Managing Director, General Counsel and Corporate Secretary

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): December 10, 2019

Federal Home Loan Bank of Pittsburgh

(Exact name of registrant as specified in its charter)


Federally Chartered Corporation	000-51395	25-6001324
(State or other jurisdiction of incorporation)	(Commission File Number)	(I.R.S. Employer Identification No.)

601 Grant Street, Pittsburgh, Pennsylvania		15219
(Address of principal executive offices)		(Zip Code)

Registrant’s telephone number, including area code: 412-288-3400

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))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading

Symbol(s)

Name of each exchange

on which registered

—

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 5.02

Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

The Board of Directors (“Board”) of the Federal Home Loan Bank of Pittsburgh (“Bank”) elected Dr. Howard B. Slaughter, Jr., President and Chief Executive Officer of Habitat for Humanity of Greater Pittsburgh, to fill its vacant Independent Director position, effective January 1, 2020. Dr. Slaughter was elected, in accordance with the rules of the Federal Housing Finance Agency, to serve the remainder of former Independent Director Cheryl L. Johnson’s term which expires on December 31, 2020.

The Board has not yet determined on which committees Dr. Slaughter will serve.

Dr. Slaughter will be compensated in accordance with the Bank’s 2020 Directors’ Compensation Policy (“Policy”). Directors serving on the Bank’s Board in 2020 are eligible to receive compensation under the Policy up to the following amounts: (1) $147,500 for the Chair of the Board; (2) $125,000 for the Vice Chair of the Board and for each Committee Chair; and (3) $112,500 for each of the other Directors.

Item 7.01

Regulation FD Disclosure

Attached as Exhibit 99.1 to this Current Report on Form 8-K is a copy of the Bank’s press release regarding Dr. Slaughter’s election to the Board. The information being furnished pursuant to Item 7.01 of this Current Report on Form 8-K and the information contained in Exhibit 99.1 shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liability of that section, and shall not be incorporated by reference into any registration statement or other document filed under the Securities Act of 1933, as amended, or the Exchange Act, except as shall be expressly set forth by specific reference in such filing.

Item 9.01

Financial Statements and Exhibits

(d) Exhibits

Exhibit 99.1 is furnished herewith.


Exhibit No.		Description

99.1		Press Release, dated December 16, 2019, issued by the Bank

Signature(s)

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.